Time to increase gold allocation in your portfolio this Dussehra

You can add up to 15 per cent with a two-year horizon depending on your comfort

Unlike the past few years, this Dussehra can be slightly better for your gold investment. Rising oil prices and risks in the global economy can help investors get better returns on gold. The upside, however, will be capped.

In the past one week alone, the yellow metal gained 2 per cent in the domestic market, and 0.4 per cent in the international market after Italy increased its budget deficit target to 2.5 per cent of gross domestic product. It led to a fall in the euro against the dollar, and investors resorted to gold, a safe haven.

While many events should lead