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.”
West Asia tensions rattle capital goods stocks; L&T, KEC slide
Engineering and capital goods stocks are under pressure due to the Iran-Israel conflict, with the BSE Capital Goods index falling nearly 4%. Companies like Larsen