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Business Standard

More glitter: Multi-asset allocation funds burnish gold's safe-haven appeal

Worth its weight in Gold: Saw portfolio increase of 1-6 percentage points in November-December 2022

Topics
Gold  | Interest Rates | Taxation

Abhishek Kumar  |  Mumbai 



Gold, Precious metal
Photo: Bloomberg

Multi-asset allocation fund managers have raised the allocation towards in the past few months, given the optimistic outlook for the yellow metal amid a slowdown in the global economy.

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First Published: Mon, January 30 2023. 06:10 IST

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