Nifty-gold ratio narrows to 1.5: What does it signal for Indian equities, gold prices? by Live mint | March 31, 2026 2:10 pm | Indian Stocks, Market, News The Nifty-gold ratio has dropped to 1.5, indicating a shift towards gold as a safer investment amid rising geopolitical risks and inflation. Experts suggest this may signal equities are undervalued.