BQ Big Decisions: Chances Are You Own More Gold Than You Should
Why do financial planners advise investors to own gold?
The BQ Big Decisions podcast gets you the insight you need to make big money decisions with confidence.
Gold prices have been rising and recently breached their six-year high. And that has worried savvy investors a bit.
But why should the price of the yellow metal be a cause of concern for investors? That’s because gold is considered the most preferred ‘safe haven’ asset. Like the U.S. dollar, gold is bought when investors feel that other options available to them are too risky.
Most financial planners will advise that investors should own some gold in order to diversify their investments. But how much of an investor’s portfolio should it account for? And can an investor also include jewellery as part of investments?
On this BQ Big Decisions podcast, BloombergQuint spoke to Gautam Kalia, head (investment solutions) at Sharekhan, to get the answers.
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