Archive · 8 Jan 2026
Investor Advises Waiting to Buy Gold
Saurabh Mukherjea, the founder of Marcellus Investment Managers, thinks it's better to wait before buying gold and other precious metals.
He believes that the prices of gold, silver, and platinum are currently high because of fear and uncertainty in the market.
Major central banks are buying gold, which is driving up the price.
Mukherjea suggests that this fear trade might be fading, and he wants to wait for the prices to come down before investing a third of his wealth in precious metals.
Right now, he's investing half of his money in Indian and American equities and waiting for the right time to buy gold.
Saurabh Mukherjea advises waiting to buy gold and other precious metals due to high current valuations.
He believes the current high prices are driven by fear trade and geopolitical pressures.
Major central banks are buying gold, which is contributing to the price increase.
Mukherjea suggests that the fear trade might be fading and prefers to wait for prices to come down.
He currently has half of his portfolio in Indian and American equities and plans to allocate one-third to precious metals when the time is right.
- Who
- Saurabh Mukherjea, founder of Marcellus Investment Managers
- What
- Advising to wait before buying gold and other precious metals due to high valuations
- When
- Recent months, with notable price swings in gold, silver, and platinum
- Where
- Global market, with a focus on Indian and American equities
- Why
- Believes current valuations are high due to fear trade and geopolitical pressures, and prefers to wait for prices to come down
- Investor
- Saurabh Mukherjea
- Company
- Marcellus Investment Managers
- Current Gold Price
- Record high of $4,441.92 in late December
- Current Silver Price
- Record high of $69.44 per ounce
- Current Platinum Price
- More than 17-year high
- Investor's Portfolio Allocation
- Half in Indian and American equities, waiting for precious metals
- Desired Portfolio Allocation
- One-third in precious metals