Bullion Price Volatility and Portfolio Diversification: Is Gold Still a Safe
Haven?

Mishka Kaur Taneja

doi:10.46609/IJSSER.2026.v11i10.037

Title: Bullion Price Volatility and Portfolio Diversification: Is Gold Still a Safe Haven?
Authors: Mishka Kaur Taneja
Journal: International Journal of Social Science and Economic Research (IJSSER) ISSN: 2455-8834 Volume: 11 Issue: 10 Publication Date: October 2026 DOI: 10.46609/IJSSER.2026.v11i10.037
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Mishka Kaur Taneja Delhi Public School Rk Puram, New Delhi
MLA 8 Taneja, Mishka Kaur. "Bullion Price Volatility and Portfolio Diversification: Is Gold Still a Safe Haven?" Int. j. of Social Science and Economic Research, vol. 11, no. 10, Oct. 2026, pp. 6020-6030, doi.org/10.46609/IJSSER.2026.v11i10.037. Accessed Oct. 2026. APA 6 Taneja, M. (2026, October). Bullion Price Volatility and Portfolio Diversification: Is Gold Still a Safe Haven? Int. j. of Social Science and Economic Research, 11(10), 6020-6030. Retrieved from https://doi.org/10.46609/IJSSER.2026.v11i10.037 Chicago Taneja, Mishka Kaur. "Bullion Price Volatility and Portfolio Diversification: Is Gold Still a Safe Haven?" Int. j. of Social Science and Economic Research 11, no. 10 (October 2026), 6020-6030. Accessed October, 2026. https://doi.org/10.46609/IJSSER.2026.v11i10.037.
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ABSTRACT: The price of Gold is primarily dependent on the demand. Metals have an inelastic supply. Due to the in elastic supply of the metal the price has been increasing as demand increases as it has been considered a ‘safe haven’. Research has indicated that the rising price has been most prominent when there have been major economic crisis that have impacted the world, examples of this are the oil crisis in the 70’s, the Global Financial Crisis of 2008, to name a few. But in recent years especially after the Covid 19 crisis the property of it being a safe haven has been shaken. As during this time the crisis existed but the price of Gold depreciated, encouraging a re-look at the label of gold being considered a permanent “safe haven”. This paper attempts to understand the reasons and circumstances as to when and what impacts this property of the metal and what are the factors that change the perception of this characteristic.

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