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Dhanteras 2020 | With improving macros and vaccine in sight, what should you do with gold investment?

After the COVID-19 pandemic hit the world and economies across the globe began to falter, gold acquired more shine as investors rushed towards safe-haven assets.

November 11, 2020 / 05:37 PM IST

Gold prices have appreciated by a whopping 32 percent since last Diwali and analysts underscore this data should put to rest all the noise about plunging gold demand hurting gold’s prospects in 2020.

After the COVID-19 pandemic hit the world and economies across the globe began to falter, gold acquired more shine as investors rushed towards safe-haven assets.

Now, with economic indicators rising and a vaccine for COVID-19 in the sight, one may wonder if it is the time to trim exposure in gold.

Analysts still keep faith in gold's prospects.