Gold hits $20 trillion milestone for the first time. Are you late to the party?

Gold prices hit a record Rs 88,488/10 gm on MCX and surpassed $3,000 per ounce internationally, driven by a weaker dollar, geopolitical tensions, and economic uncertainty. Gold’s market cap crossed $20 trillion. Experts suggest an optimal portfolio allocation of up to 20% in gold for risk-adjusted returns. Investors reassess allocations amid the rally.