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Gold drops sharply but IIFL says yellow metal is a 'must-have' asset class

Updated : August 12, 2020 01:59 PM IST

The gold prices have fallen over 5 percent in just 2 days to Rs 50,000 per 10 gram.
The brokerage advises to allocate up to 15 percent of the total portfolio in gold for hedging
Investors can invest in gold through ETFs, Mutual Funds, Sovereign Gold Bonds, Digital/Physical Gold.
Gold drops sharply but IIFL says yellow metal is a 'must-have' asset class

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