The festival season has kicked off, with gold shining at record highs, sparking a debate among investors about where to park their money. Gold surged by 1.1% to $3,723.81 per ounce, briefly hitting $3,726.19 — its highest level yet. US gold futures for December delivery also climbed by 1.4% to $3,758.40, strengthening gold’s reputation as a safe-haven asset.

With prices soaring, Indian investors are reevaluating their portfolios. Weddings, festive buying, and long-term wealth creation are pushing people to choose between gold, silver, or equities. Experts are divided, with some favoring precious metals while others stress equities as the ultimate growth driver.

Expert Opinions on Investments

1. Silver May Outperform Gold

Silver has historically moved in tandem with gold but often delivers stronger rallies once momentum builds.Vandana Bharti of SMC Global Securities predicts silver will outperform gold in this cycle. Rising industrial demand for silver adds another layer of strength to its outlook. Bharti suggests systematic investment plans (SIP) in silver for maximum gains.

2. Equity Remains Long-Term Winner

Market expert Shahina Mukadam recommends a diversified approach. Her suggested allocation: 75% equity, 15% silver, and 10% gold. Equities consistently outperform precious metals over the long term, making them the backbone of wealth creation. Gold and silver, however, act as hedges in uncertain times and provide short-term stability.

3. Should You Buy Gold Now?

Gold buyers, especially for weddings, worry about timing purchases during record highs. Vandana Bharti advises that waiting won’t significantly help, as prices are unlikely to dip much. Gold is often bought for generational wealth and cultural reasons, making timing less critical. Partial purchases now are recommended, with another record-high surge expected in the coming months. If prices touch Rs 1,10,000, investors should consider adding more to their holdings.

Takeaways for Investors

• Gold is at record highs but remains culturally significant and a reliable safe-haven asset.
• Silver has strong potential due to rising industrial demand and historic sharp rallies.
• Equity remains the most reliable long-term wealth creator.
• A balanced portfolio could include 10% gold, 15% silver, and 75% equity.
• For wedding or generational buying, gold purchases should not be delayed.
• Silver SIPs are emerging as a smart short-term and mid-term option.
• Equities should dominate for those focused on financial growth and compounding returns.

Note: This content is for education and awareness only and does not constitute financial advice.