New Delhi, Oct. 8 -- Gold has just hit its most dazzling milestone. Gold prices on Wednesday hit a whopping Rs.1,22,103 (for 24 carat) for 10 grams and Rs.1,12,033 (for 22 carat).

That's not just a blip. Domestic gold prices have soared over 55% this year, driven by a perfect mix of global uncertainty, rate cut expectations, and relentless central bank buying. Which brings us to the big investor question, if gold is already shining this bright, how much of it should actually sit in your portfolio?

Most wealth advisors recommend that investors allocate some portion of their portfolio to precious metals. Billionaire investor and Bridgewater Associates founder Ray Dalio recently suggested that investors should allocate up to 15% of their p...