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Allocations To Gold Should Be “Increased To 20 Percent”

“In the short term, we would caution against dumping stocks and buying gold as many indices globally have fallen sharply and gold has risen sharply," GoldCore told U.S. News and World Report.

“However, taking a long view, I think investors who are overweight (in) stocks should use any bounce in the market to lighten up positions and gain an allocation to gold.”

GoldCore research advises clients to have a 5 percent to 10 percent exposure to gold, but in the current economic environment, they’re recommending a 20 percent allocation.