Investment in gold would have appreciated approx. 20 times over the past 25 years. Gold is trading at its all-time high price in Indian Rupees and close to all-time high of USD $2750/ounce. Allocation of 5 to 10% of your assets/net-worth in gold is desirable.

Personal finance experts frequently use the term ‘asset allocation.’ Simply put, it means ‘don’t put all your eggs in one basket,’ or in other words, diversifying investments across various asset classes such as property, gold, direct stocks, mutual funds, bank and postal deposits, government securities, and treasury bills, among others. This diversification can be further categorized into specific assets like residential property, commercial property, 24K gold, ornamental gold, large-cap stocks, mid-cap stocks, and more. The...