Silver exhibits volatility similar to Indian equities; gives CAGR of 7.6% in 34 years: Report

Silver's returns (7.6% CAGR) from 1990 to October 2024 have been slightly lower than Indian equities (14% CAGR). However, both have similar volatility (26.6% vs 26.8% standard deviation) and maximum drawdown (-54% vs -55.1%). This suggests that silver could be a suitable addition to a diversified portfolio for investors seeking exposure to a volatile asset class with potential for long-term growth.