New Delhi, Feb. 16 -- Asset allocation is critical to reduce risk while still aiming for good long-term returns.

With gold and silver prices correcting sharply from their all-time highs and the stock market witnessing bouts of heightened volatility, investors are faced with a pressing question: how should they invest in these asset classes at this juncture?

For most investors, the objective of investment is to achieve financial goals, build wealth, and create financial security and independence.

However, personal finance isn't one-size-fits-all; asset allocation should be tailored according to one's age, occupation, risk preferences and investment horizon.

Experts say that with the Indian stock market trading near all-time highs and g...