In a new partnership in the eynow, Naren points out that draining the questions about gold in the intensively asked, especially given the level of its price. “Gold is worse,” he stated, emphasized that the metal was not as attractive as two years ago.
Despite its widespread popularity, he indicates that precious metal is not an interesting investment option at the moment, especially as compared to better perspective two years ago.
“Two years ago, for example, gold and silver were very interesting, so we thought it was very interesting,” so didn’t look at this time, “he said.
Reference to the Gold meteoric grout, naren said, “The asset class is most in vogue today is gold. If you go to any meeting incredible at this time.”
on debt market Front, naren observed that in India, the 10-year government securities are currently at the lowest interest rates seen in recent years, contrasting sharply with the western marks where 10-year yields. “Across the world, you are at the highest yields in 10-year, Except in China and India, “he noted, pointing to the relative lack of value in Indian Debt Instruments.Read again: Gold price prophecy: Yellow metal metal gets Rs 3,750 / 10 GM this week. The more you fall forward?
What do investors need to do?
The veteran investor suggests a different way of investing, that it is not time to focus on an asset type but keep a conservative.
“It’s a time when you spend money on asset classes and not choosing a class of asset and at the same time to focus on each area of asset at this time,” he recommended.
Despite the challenges of asset allocationNaren remains optimistic about the strength of Macroeconomic in India, which promotes that the country continues to be one of the best structural stories in the world.
(Matan -re: Recommendations, suggestions, views and opinions given to experts themselves. This does not represent views of economic times)
