News From Press Invest Wise | Do gold, silver deserve a place in your portfolio now?

Invest Wise | Do gold, silver deserve a place in your portfolio now?

Source: Moneycontrol Apr 23, 2024

Gold has been a key component of financial diversification for long as it has low correlation with the equity markets. Its performance, especially in turbulent times, makes it a safe haven, and it is usually extremely liquid. The yellow metal has delivered a compounded annual growth rate (CAGR) of 8.86 percent over the last 20 years (per a report by Statista in March 2024).

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