The BSE Sensex hit a new high of 36373.44 on Wednesday before sliding below its previous day’s close, while Gold hit a 5-month low of Rs 30,800 per 10 gram in the domestic market. In the international market, gold prices have been under pressure due to rising global concerns, including issues on Brexit and strengthening dollar.
Against this background, what is a better investment bet – stocks or the yellow metal? Rahul Agarwal, Director, Wealth Discovery/EZ Wealth, feels there could be risk in both in the coming months and advises caution. Here are excerpts from his interview:
