Allocating 10-20 per cent of an investment portfolio to gold is recommended. Gold investments play a role in diversifying a portfolio, acting as a safeguard against inflation, currency risk, and market volatility.
The US CPI inflation data (August) showed that the US core CPI inflation m-o-m rose 0.30% versus the forecast of 0.20%, thus registering the first increase in six months, whereas the headline CPI inflation y-o-y was up 3.70% as against the forecast of 3.60%