gold investment strategy: Pramod Gubbi warns against chasing gold rally – stick to a disciplined strategy
Pramod Gubbi, co-founder of Marcellus Investment Managers, cautions investors against getting carried away by gold’s recent outperformance. While acknowledging gold’s role in a portfolio due to its low correlation with equities, he emphasizes that allocation should be guided by a disciplined, goal-based strategy rather than short-term speculation.
With gold having outpaced equities over the past year, Gubbi suggests that now may be the time to rebalance—reducing gold exposure and increasing equities, provided initial allocations were aligned with long-term goals.
Edited excerpts from a chat with the fund manager:
How do you assess the current state of equity markets? The market appears to have bottomed out and are we on track for a…
