New Delhi, May 5 -- Gold prices in your city, May 5: Gold is the safe haven investment of choice, and as such markets experts feel that it should have a place in your portfolio. Tracking gold price trends over the past year - the yellow metal has jumped 30 per cent year-on-year, and returned 15 per cent CAGR since 2001.
In fact, historical data shows that since 1995, gold has beaten inflation by over 2-4 per cent. Last month, on April 22, gold prices also touched Rs.1 lakh per 10 grams, before slipping on global ease of worries over Donald Trump's tariffs.
Yogesh Kansal, co-founder and CBO of Appreciate told Mint that he suggests 5-15 per cent of an investor's portfolio be gold, another 5-15 per cent in short-term bonds, and the rest in...
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