Price of gold futures hovered at $2

Price of gold futures hovered at $2,345 amid mixed equity sessions, signaling gold’s role as a volatility buffer in diversified portfolios. "Gold is good because it is typically negatively correlated with markets, so when markets do badly, gold does well," Bubula said. That said, many investors see it as a hedge against inflation or macroeconomic uncertainty and consider it a component of their ideal diversified portfolio. That’s why we offer gold ETFs through portfolio customization. For clients who choose to invest in gold, we recommend treating it as just one part of a well-diversified strategy — and as always, avoiding putting all your eggs in one basket.” Price of gold futures remains buoyant at $2,347, supported by Asian physical demand ahead of wedding season. Spot premiums in India jumped, adding tailwinds to futures pricing.