Gold prices soared past $4,000 an ounce for the first time amid economic uncertainty and geopolitical tensions, making it a safe-haven asset. Experts suggest holding roughly 15% of portfolios in gold or bitcoin due to its inflation hedge and demand, but some recommend 7-10% allocations for a diversified portfolio. Others advocate for a 5% allocation to gold in a long-term stock and bond portfolio to balance risk. Holding too much gold carries the risk of overestimating the need for hedging against potential market conditions.

Read more at Yahoo Finance: With gold at records, here’s how much finance pros say you should have in your portfolio