After such a humongous run-up, investors may feel wary about investing more in gold at this point of time
Whenever there is a high level of fear or panic, either in the economy or the markets, money tends to move into gold.
Buy good stocks in small quantities, as there could be more pain
The strong performance does not mean that the bull run in the yellow metal has run its course
But investors who want the flexibility to alter their asset allocation may avoid these 3-in-1 funds
2019 taught us that investments need to be diversified, and investors need to trust their money with well-regulated entities only
Jewellers to be given a year's time to clear stocks that aren't hallmarked and get themselves registered
Gold is the third-most popular investment choice, with 46% of all global retail investors choosing gold products - next only to saving accounts (78%) and life insurance (54%)
Buyers shy away ahead of festive season as the precious metal trades at prohibitive prices; Karigars forced out of work
An allocation of 10-15% of portfolio is recommended for gold; use any correction as an opportunity to add more gold to portfolio or keep allocating to gold in a systematic manner
Have a 10-15 per cent allocation to gold in your portfolio. Since this is an asset class whose value fluctuates quite a lot, build your exposure by investing systematically
Those with long horizon should use sovereign gold bonds; short- to medium-term horizon may consider gold ETFs
Pricing is more transparent and some even pay interest regularly
Gold prices are likely to rise over 12-18 months by 10 per cent. If the recession portended by the inverted yield curve becomes more likely or is seen closer, the rise could be higher and come sooner
The dovish attitude of major central banks could provide a fillip to the yellow metal
Despite gold's tepid returns over the past 6 years, an allocation to it is essential to counter risks like currency depreciation and inflation
Averaging out your purchase cost will be a better strategy than trying to time your entry
The investor gains as he pays no taxes at the point of investment in a forward contract; the bank gets access to cheap funds which it can use to lend onward
A rising dollar is set to limit the return on gold investment in the near term, despite geopolitical tension rising abroad.With the US Federal Reserve expected to raise interest rates again next month, the dollar might continue to fetch better returns than other asset classes, including gold and silver, in the near term. In India, with the southwest monsoon expected to turn weaker than previously estimated for the current season, resulting in a decline in kharif crop output, India's gold demand is likely to remain slow this year.As a consequence, investors are betting for gold as a long-term investment avenue, without looking to make money in the near term. Gold's price was near its recent bottom last week but got momentous support after the US announced its monthly non-farm employment data rise at 157,000 for July, against the expectation of 190,000."Safe-haven demand which generally moves gold prices higher is not clearly visible this time, despite bigger US-China tension and ...
Concentrating in a single asset class can be an invitation to trouble