New Delhi, Sept. 8 -- Gold prices have been hitting new highs every other day. Last week, the yellow metal prices hit Rs.1,06,289 (per 10 gms), and today they touched Rs.1.07 lakh, leading to 35 per cent jump in prices year to date (YTD).

Gold prices have advanced 3.82 per cent for the week, marking their third consecutive weekly gain, SS WealthStreet founder Sugandha Sachdeva told Livemint.

So, is this the right time to buy the yellow metal? Let us find out.

Gold is one of the safest and most secure assets to invest in. In the long run, it tends to deliver positive returns. Some time ago, Zerodha co-founder Nikhil Kamath shared a data point on LinkedIn, where he pointed out that gold outperformed equities globally in the past 24 month...