Gold has been the best performing asset class over the past year with a return of around 50%. The investment demand for the yellow metal has gone up lately as people move to risk-averse assets and exiting risky ones such as equities amid the covid-19 crisis. This may have also led to change in asset allocation with portfolios becoming gold-heavy. However, there are fears that when the lockdown opens up across economies, the rally in gold may come to a halt. Renu Yadav asked experts if it makes sense to transfer the gains from gold to equities, while the latter segment is still way below its peak.
Anirudha Taparia, Executive director, IIFL Wealth and Asset Management
