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Gold stocks beat AI-led chip rally with 135% gain in 2025
明晟明晟(US:MSCI) The Economic Times·2025-10-04 10:24

A gauge of the world's gold equities from MSCI Inc has soared about 135% this year, tracking gains in the precious metal. It's on course for its greatest-ever outperformance versus the index compiler's measure of major global semiconductor firms, which is up 40%.The surprisingly large gap underscores a key dynamic in this year's global markets: Even as a sense of FOMO drives investors to chase gains in anything related to AI, they are also lured by the relentless rally in gold as central banks around the w ...