New Delhi, March 11 -- Gold prices have delivered a stellar 12.55% annualized return over the past 25 years, outpacing the 10.73% generated by Indian stock market benchmark index Sensex. However, a closer look at historical trends suggests that equities have consistently outperformed gold over longer periods, reinforcing their role as a superior wealth creator.

A report by Edelweiss Mutual Fund provides a reality check on gold price's performance relative to equities, highlighting the importance of rolling returns in assessing long-term investment potential.

While gold appears to be in a strong rally, rolling return analysis paints a different picture.

- 5-Year Rolling Returns (Since 1984): The Sensex has historically delivered an aver...