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.”
US Stocks: Nasdaq, S&P end lower as tech megacap declines outweigh upbeat chip outlook
Indian markets saw a mixed close on Thursday. While the Nasdaq and S&P dipped due to Big Tech’s AI spending concerns, the Dow edged higher.