Even so, experts suggest that investors should maintain prudent allocation to the precious metal. Poonam Rungta, certified financial planner, says: “Just because gold price is high, doesn’t mean it should not be there in your portfolio. We always recommend having gold allocation to the extent of 10-15% of your corpus, irrespective of its price.”
Chicago Fed President Goolsbee rejects calls for Fed rate cuts to ease US debt burden
Chicago Fed President Austan Goolsbee rejected calls for interest-rate cuts to ease the US government’s debt burden, warning that such a move could fuel inflation