I believe you are asking this question because gold prices have been going up sharply at a time when the global equity markets are correcting sharply. Normally, gold prices always shoot up when there is global uncertainty, debasement of currencies, geopolitical turmoil or when there is loss of other asset values. However, your decision to buy gold must not be taken on that basis. Gold is not exactly a trading asset but more of an allocation asset. Your portfolio must have a 10-15% allocation to gold and you can look to tweak to closer to 15% in times of uncertainty and closer to 10% when equity markets are doing very well. You must be aware that gold is very close to its all time highs in the international market and in the Indian market it is already at an all time high. Hence jumping into gold at this price for a trade maybe quite risky.