Gold prices touched the all-time high mark of 38,695 per 10 grams on Friday. Is it time to take a second look at gold as an asset class, especially gold mutual funds? Many financial planners and investment consultants have stopped recommending gold as a diversification tool after the yellow metal lost its sheen in the last few years. Will they change their stance now that it has bounced back to a multi-year high?
Globally, the yellow metal was trading at USD 1,505 an ounce in New York o ..