Given the rise in the equity markets gold has gone down. Gold is typically a hedge against market downturns. It would seem to be counter-intuitive to buy gold now that stocks are giving a bigger return. Plus no one knows how high the market will go. However, now is probably the best time to start building a gold portfolio. As the price of gold goes down due to higher equity returns you can buy more of it. As the adage goes: "buy when people are selling and sell when people are buying."
