Gold Too Risky? Why Metal Stocks Could Be The Smarter Bet Now

With equity markets lacking momentum, the metal sector has emerged as a clear outperformer. While gold and silver continue to rally, experts warn that precious metals are entering a speculative zone. Interestingly, strong demand in gold and silver has spilled over into aluminium, copper and zinc, lifting metal stocks sharply. The metal sector gained nearly 25% last year, far ahead of Sensex and Nifty, and continues to lead in early 2026 as well. Steel stocks remain laggards but are showing early signs of a catch-up move. For investors seeking relatively safer exposure instead of pure commodity speculation, metal equities offer a compelling alternative. Hindalco stands out for aluminium and copper exposure, while Vedanta offers a diversified play across aluminium, copper, zinc and even silver.