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Use current prices to raise gold allocation to 10-15%, say analysts

Rising inflation, low real yield, and equity market volatility are positives for the yellow metal

Topics
Gold investment | Gold Prices | Gold market

Sarbajeet K Sen 

Gold
India imported 321 tonnes of gold in the March quarter, more than double the 124 tonnes imported a year ago. A couple more months of strong demand could support gold prices

The second wave of Covid-19 infections and the lockdowns being imposed across the country are adding to investors’ anxiety. Though these developments could delay economic recovery, they are likely to be positive for a safe-haven investment like . Already, the yellow metal has risen 6.2 per cent from its one-year low.

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First Published: Sat, April 17 2021. 06:10 IST
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