'You must allocate 8% of your portfolio in gold, 10-15% in silver in 2025'

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'You must allocate 8% of your portfolio in gold, 10-15% in silver in 2025' - Business Standard

Quick Summary:

This cautious behavior reflects tepid investor sentiment, highlighted by consistent outflows from gold-backed ETFs, according to the World Gold Council, underscoring the absence of a strong bullish conviction.

Anticipated interest rate cuts from China could further fuel gold acquisitions, injecting vitality into the bullion market.

This week began with a glimmer of hope for gold and silver, signalling potential recovery on the horizon," said Riya Singh - Research Analyst, Commodities & FX – Emkay Global Financial Services Ltd.