Given the 51% rise in gold prices over the last one year and 11% in July alone, investors could avoid aggressive bets on gold.
Investors already having a sizable exposure to gold as an asset class could give the upcoming Sovereign Gold Bond Scheme offering a miss as the yellow metal prices have run up sharply in recent months.
Wealth managers believe investors should allocate 10-15% of their portfolio to gold because of the weakening dollar, geopolitical tensions, and slowing global growth. However, given the 51% rise in gold prices over the last one year and 11% in July alone ...
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