Are you better off investing in gold than in a gold proxy such as Nice?

To answer this question, I compared the gain from gold compared to Nice based on the short-term situation ie 2019 to 2022.

From 4 Jan 2019 to 26 Aug 2022, gold appreciated by 8.5 % CAGR. If you have invested in Nice, your compounded annual total gain (capital gain + dividends) would be 43%.

On such a basis there is no advantage to investing in gold.

For more insights on Bursa gold proxies, refer to “Are there Bursa proxies for gold?” https://www.i4value.asia/2022/09/are-there-bursa-proxies-for-gold.html#more