In last 15 year’s only 3 year’s identified where Gold has given negative returns whereas in last 3 year’s GOLD has given more than 55% consolidated returns which are preety good. Yet, What next is the question we need answer for. So, what history indicates is that, we generally have a cooling off year for returns in gold followed by the heavy upside & that’s what we also believe as on geo political level we are witnessing continuous cool off from Israel to Palestine & Russia to Ukraine which suggest we could have a lesser conflict on geographical level what we seen compare to last 2 year’s & that could be negative for gold. At the same time, even geo economic front also will be steady as a result of US election & gearing up of economic activities with very sluggish inflation which suggest no immediate interest rate upside from central government globally again negative for gold. My View – I really believe that GOLD will consolidate at these levels from 78000 to 95000 in coming 24 months which I believe will be the range. So, should one buy? answer is – Buy with every downside & buy for 5 year’s not for short term. Should I sell? answer is – Yes, if you can shift to equity assets which I believe will outperform gold, yet for long term, we feel that GOLD has steam to show off. Should I hold? Answer is – For longer term, in last 15 year’s gold has given negative returns in only 3 times, so, hold on, for short term – I feel its time to book profit. We will review the GOLD RESERVES in our next write-up for you to understand the global position on GOLD as ASSETS. Stay connected, Happy investing. Happy to Serve. Abhay Shah Certified Financial Planner LifeMap FinServ Pvt Ltd