Gold can give zero or negative returns for many years. See the chart

Gold can give zero or negative returns for many years. See the chart -

1980–1989  = 9 years 0%

1996–2002 = 6 years 0%

2012–2019 = 7 years 0%

Gold moves in cycles.
Don't go big on gold at these levels.

A 10-20% allocation is enough for portfolio stability.