Gold is the investment asset class which provides a hedge against inflation and better returns during recession when currencies lose their value drastically.
Though there is some weakness in international market but we may see an upside of around Rs 31,000 in gold in MCX due to supply squeeze.
Gold investment in short term should be 40 percent of your total portfolio because gold has an attractive history.
It is advisable to have one tenth of gold in your total portfolio both for the first time investors as well as the seasoned ones.
Day in Pics: 17th December
Showbiz World - December 17, 2014
Stardust Awards 2014