And it can be achieved only through asset allocation. While there is no thumb rule as such, you can allocate anywhere between 5 per cent and 10 per cent of your assets to gold. This can change, based on opportunities and the economic scenario.
Most people in India hold gold in the form of jewellery. Additionally, some also hold it in the physical form like bars or coins. However, you can also invest through exchange-traded funds (ETFs) and mutual funds that invest in gold mining companies.
One of the biggest advantages of investing in gold ETFs over physical gold is that you can buy this at spot market prices. Since the former are in a dematerialised form, there is no cost of storage and insurance.
Also read: Gadgets to watch out for in 2009
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