Famed investor Warren Buffett says gold is a non-productive asset. He says that since the S & P 500 index has given higher returns than gold over the past 15 years, it's better to invest in the stock market and mutual funds.

Gold is seen as a top global investment, its value always rising. But famed investor Warren Buffett, one of the world's richest, holds a completely different view.

Buffett says gold is just a metal that doesn't produce income. Over the last 15 years, gold's return was just 187%, while the S & P 500 grew 465%, an 18.20% annual growth.

Instead of hoarding gold, Buffett advises investing in the stock market with knowledge and patience. Stocks drive growth, profits, and jobs, unlike inactive gold.

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