Long-term investors should invest in gold through SGBs, say experts

Those who desire liquidity should opt for a gold ETF having low expense ratio and high volume

Since the purchase of gold around Dhanteras and Diwali is regarded auspicious, demand for the yellow metal is likely to surge over the next few days. All investors should have a 10-15 per cent allocation to gold in their portfolios for diversification, to hedge against equity-market volatility, and for protection against inflation. Instead of purchasing gold jewellery, however, this Dhanteras-Diwali consider adding toyour yellow metal holdings through cost-efficient investment instruments.
 

Pankaj Shrestha, head, investment advisory division, Prabhudas Lilladher, says, “In the current high-inflation environment, where the rupee is depreciating and there is global uncertainty due to the Russia-Ukraine war, an