New Delhi, March 4 -- One of the conventional rules of investing suggests allocating around 80-85% of a portfolio to equities and the remaining 15-20% to gold.

However, given gold's stellar returns over the past year and the relatively muted performance of the Indian stock market, investors are now grappling with whether they should increase their gold exposure beyond the standard 20%.

Stock market benchmark Sensex has crashed nearly 9% from its record high of 86159, which it scaled on December 1 last year. The ongoing US-Iran war, surge in crude oil prices, FII selling, and rupee fall to a record low against the dollar indicate the market may see more corrections in the near term. So, is it better to buy more gold?

Conflict in the Mid...