After a strong run-up over the past year, gold and silver have seen frequent and sharp price fluctuations in recent months.

A report by Emkay Wealth Management recommended that the existing investors continue to hold gold and silver as part of a diversified portfolio. Any incremental additions should be made gradually and preferably during periods of correction.

The portfolios with relatively high exposure, particularly where gold and silver together account for more than 25 to 30% of assets, should be reviewed with a professional advisor to assess profit booking while retaining strategic allocations.

For new investors who are looking forward to entering after the sharp run-up, adopting a disciplined approach and making an allocation of around 5 to 10% of the overall portfolio may be more appropriate.