Nifty/Gold Ratio hits key level, may signal fresh bull run
Analyst Rajneesh Sharma says the Nifty/Gold ratio at 2.67, near its 20-year support, has historically predicted major Nifty rallies. Similar rebounds in 2004, 2009, 2014, and 2020 led to an average of 57% gains. A move above 25,000 could confirm a bullish shift. The ratio reflects investor confidence between equities and gold.