Gold-stocks jugalbandi: Ruchir Sharma explains why both are booming in a world flooded with liquidity

Gold and stocks are simultaneously rallying, a rare phenomenon attributed to a global flood of liquidity from pandemic-era stimulus. This excess money is fueling momentum trades across asset classes, with individual investors increasingly participating. While gold has recently seen a pullback due to profit-taking and easing tensions, equities continue their upward trajectory, driven by strong fundamentals and policy support.

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