How much % of portfolio value can be invest in Gold? which one is best… Digital gold, SGB, Gold biscuit or Gold funds?
There is no thumb rule as such.
As an investment, Gold prices have become more volatile than Equity oriented products. The returns are primarily linked to uncertainties in the global economies.
If your investment portfolio is say Rs 100, you may consider investing 5 to 10%. Do not expect fantastic returns from Gold in long run. It can be just used as a hedge against uncertainties.
In case, you planning to buy Gold for personal consumption (jewelry) then go ahead and accumulate in small quantities.
Sovereign Gold bonds, Gold funds can be a better choice.
You may go through below articles :
- Gold Purchase Schemes by Jewellers – Pros & Cons | Best alternate options to buy Gold
- How to buy Gold at lesser price than the prevailing Market Price?
- Latest Sovereign Gold Bonds FY 2019-20 Issues: Details, Features & Review