Is gold the best or worst asset class to buy this Diwali?
Citing good monsoon, inflows into gold ETF, and correction in the domestic gold price during September, Prathamesh Mallya, AVP- Research at Angel One said “Our advice to investors is to purchase gold this Diwali as it is advisable to divest at least 10 per cent of one’s portfolio into gold and Diwali is an auspicious occasion to buy the yellow metal.”
