{"id":341201,"date":"2026-11-06T08:40:41","date_gmt":"2026-11-06T03:10:41","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=341201"},"modified":"2026-11-06T08:40:41","modified_gmt":"2026-11-06T03:10:41","slug":"gold-safe-haven-status-fading-hitesh-jain-yes-securities-nasdaq-rout-6-november-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/gold-safe-haven-status-fading-hitesh-jain-yes-securities-nasdaq-rout-6-november-2026\/","title":{"rendered":"Gold Safe-Haven Status Under Question: Yes Securities&#8217; Hitesh Jain Says It Is Fading, While Gold Holds Gains in the Nasdaq Rout"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Spot gold about USD 4,100\/oz (6 Nov). MCX Dec gold Rs 1,45,146 per 10 gm (+1.33%), 5 Nov 4:15 PM. US 10-yr yield about 4.82%. Press reports.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">Gold safe-haven status is under question again: Yes Securities&#8217; Hitesh Jain says it is fading, per a Mint headline, while spot gold held near USD 4,100 on 6 November 2026 as the Nasdaq 100 fell 6.36%. Gold rose, but silver slipped, and 2026 has shown gold can fall in a crash.<\/p>\n<\/p><\/div>\n<p><strong>Gold safe-haven status<\/strong> is under question again: Yes Securities&#8217; Hitesh Jain says it is fading, according to a Mint headline, while spot gold held near USD 4,100 on 6 November 2026 as the Nasdaq 100 fell 6.36%. I could not retrieve the full interview, so this guide does not put specific reasons in Mr Jain&#8217;s mouth. It tests the question with market data from this week and earlier in 2026. It is not investment advice.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=discover\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/gold-safe-haven-status-fading-hitesh-jain-yes-securities-nasdaq-rout-6-november-2026\/#What_Gold_Did_While_Stocks_Fell\" title=\"What Gold Did While Stocks Fell\">What Gold Did While Stocks Fell<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/gold-safe-haven-status-fading-hitesh-jain-yes-securities-nasdaq-rout-6-november-2026\/#Why_the_Safe-Haven_Label_Is_Questioned\" title=\"Why the Safe-Haven Label Is Questioned\">Why the Safe-Haven Label Is Questioned<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/gold-safe-haven-status-fading-hitesh-jain-yes-securities-nasdaq-rout-6-november-2026\/#What_This_Means_for_Dhanteras_Buyers_and_Investors\" title=\"What This Means for Dhanteras Buyers and Investors\">What This Means for Dhanteras Buyers and Investors<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/gold-safe-haven-status-fading-hitesh-jain-yes-securities-nasdaq-rout-6-november-2026\/#Risks_to_Weigh\" title=\"Risks to Weigh\">Risks to Weigh<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/gold-safe-haven-status-fading-hitesh-jain-yes-securities-nasdaq-rout-6-november-2026\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/gold-safe-haven-status-fading-hitesh-jain-yes-securities-nasdaq-rout-6-november-2026\/#Frequently_Asked_Questions_on_Golds_Safe-Haven_Status\" title=\"Frequently Asked Questions on Gold&#x27;s Safe-Haven Status\">Frequently Asked Questions on Gold&#x27;s Safe-Haven Status<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/gold-safe-haven-status-fading-hitesh-jain-yes-securities-nasdaq-rout-6-november-2026\/#What_did_Hitesh_Jain_say_about_gold\" title=\"What did Hitesh Jain say about gold?\">What did Hitesh Jain say about gold?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/gold-safe-haven-status-fading-hitesh-jain-yes-securities-nasdaq-rout-6-november-2026\/#Is_gold_still_a_safe-haven_asset\" title=\"Is gold still a safe-haven asset?\">Is gold still a safe-haven asset?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/gold-safe-haven-status-fading-hitesh-jain-yes-securities-nasdaq-rout-6-november-2026\/#Why_did_gold_rise_when_stocks_fell_this_week\" title=\"Why did gold rise when stocks fell this week?\">Why did gold rise when stocks fell this week?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/gold-safe-haven-status-fading-hitesh-jain-yes-securities-nasdaq-rout-6-november-2026\/#What_is_the_gold_price_today\" title=\"What is the gold price today?\">What is the gold price today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/gold-safe-haven-status-fading-hitesh-jain-yes-securities-nasdaq-rout-6-november-2026\/#Has_gold_fallen_from_its_record_high\" title=\"Has gold fallen from its record high?\">Has gold fallen from its record high?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/gold-safe-haven-status-fading-hitesh-jain-yes-securities-nasdaq-rout-6-november-2026\/#Is_it_a_good_time_to_buy_gold_on_Dhanteras\" title=\"Is it a good time to buy gold on Dhanteras?\">Is it a good time to buy gold on Dhanteras?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/gold-safe-haven-status-fading-hitesh-jain-yes-securities-nasdaq-rout-6-november-2026\/#Does_gold_protect_a_portfolio_in_a_crash\" title=\"Does gold protect a portfolio in a crash?\">Does gold protect a portfolio in a crash?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/gold-safe-haven-status-fading-hitesh-jain-yes-securities-nasdaq-rout-6-november-2026\/#Should_I_buy_gold_or_gold_ETFs_now\" title=\"Should I buy gold or gold ETFs now?\">Should I buy gold or gold ETFs now?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What_Gold_Did_While_Stocks_Fell\"><\/span><strong>What Gold Did While Stocks Fell<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Item<\/th>\n<th>Level or move<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Spot gold, 6 November<\/td>\n<td>About USD 4,088 to USD 4,100 per ounce<\/td>\n<\/tr>\n<tr>\n<td>Spot gold, 5 November<\/td>\n<td>Up about 1.2% to 1.8%, per press reports<\/td>\n<\/tr>\n<tr>\n<td>Nasdaq 100, 5 November<\/td>\n<td>Down 6.36% to 26,629.81<\/td>\n<\/tr>\n<tr>\n<td>US 10-year Treasury yield<\/td>\n<td>About 4.82%, a two-month low<\/td>\n<\/tr>\n<tr>\n<td>Spot silver<\/td>\n<td>About USD 51.35 to USD 51.65, slipping after early gains<\/td>\n<\/tr>\n<tr>\n<td>MCX December gold, 5 November<\/td>\n<td>Rs 1,45,146 per 10 grams, up 1.33% (about 4:15 PM IST)<\/td>\n<\/tr>\n<tr>\n<td>MCX December silver, 5 November<\/td>\n<td>Rs 1,89,021 per kg, up 0.69% (about 4:15 PM IST)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Guardian Gold reported that gold held most of its gain through the Wall Street rout because lower Treasury yields reduced the cost of holding it, and the stock selloff added some safe-haven buying. Silver, which has more industrial demand, gave up early gains as stocks slid. So gold behaved like a haven on 5 November, but largely because of yields and the dollar, not panic alone.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_the_Safe-Haven_Label_Is_Questioned\"><\/span><strong>Why the Safe-Haven Label Is Questioned<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Episode in 2026<\/th>\n<th>What the press reported<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>March 2026<\/td>\n<td>Business Today said gold fell about 5% from 2 March even as equities crashed, with LKP Securities&#8217; Jateen Trivedi citing a stronger dollar and higher crude oil<\/td>\n<\/tr>\n<tr>\n<td>April 2026<\/td>\n<td>An Invezz analysis said gold had acted like a high-beta asset, amplifying selloffs, with debasement buyers adding to the volatility<\/td>\n<\/tr>\n<tr>\n<td>After the January record<\/td>\n<td>A market report said gold fell more than 26% from a record above USD 5,300; other reports put the peak near USD 5,600<\/td>\n<\/tr>\n<tr>\n<td>Positioning<\/td>\n<td>Whalesbook and others pointed to ETF outflows and a hawkish Fed weighing on gold<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>A safe haven is meant to hold or gain value when risk assets fall, with low volatility. In 2026, gold has swung widely and sometimes fallen with stocks, which is why the label is questioned. The counter-view, in a Daily Excelsior column by K Raveendran, is that the claim gold has lost its status is overstated, because official-sector buying has offset private-sector selling.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Compare gold-linked stocks on the Univest Screener<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_This_Means_for_Dhanteras_Buyers_and_Investors\"><\/span><strong>What This Means for Dhanteras Buyers and Investors<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Role<\/th>\n<th>Evidence<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Diversifier<\/td>\n<td>Gold often moves differently from equities over long periods, but not in every crash<\/td>\n<\/tr>\n<tr>\n<td>Rate and dollar play<\/td>\n<td>Gold responds to Treasury yields and the dollar, as it did on 5 November<\/td>\n<\/tr>\n<tr>\n<td>Inflation and currency cover<\/td>\n<td>Gold can help when the rupee weakens, but prices also reflect import duty and GST<\/td>\n<\/tr>\n<tr>\n<td>Not a fixed hedge<\/td>\n<td>Gold fell with equities in March 2026, so it is not a fixed hedge<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Dhanteras is on 6 November, and many households buy gold for tradition and savings. Compare jewellery, coins, ETFs and digital gold on charges, purity and resale terms. Listed names such as <a href=\"https:\/\/univest.in\/stocks\/titan\/titan-company-ltd-share-price-today\">Titan<\/a> are sensitive to gold prices and festive demand. Decide how much of your savings you want in gold, and avoid putting in more than you planned.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to get gold price alerts on your phone.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Risks_to_Weigh\"><\/span><strong>Risks to Weigh<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Risk<\/th>\n<th>Why it matters<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Yield rebound<\/td>\n<td>A rise in US yields can pressure gold even in a risk-off market<\/td>\n<\/tr>\n<tr>\n<td>Dollar strength<\/td>\n<td>A stronger dollar tends to weigh on gold<\/td>\n<\/tr>\n<tr>\n<td>Crowded positioning<\/td>\n<td>Retail and ETF flows can reverse quickly<\/td>\n<\/tr>\n<tr>\n<td>Rupee and duty<\/td>\n<td>Domestic prices depend on the exchange rate and import duty<\/td>\n<\/tr>\n<tr>\n<td>Forecast error<\/td>\n<td>Brokerage targets can be missed<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Gold safe-haven status<\/strong> is not a yes-or-no question. Gold held its gains on 5 November but fell during the March crash, so treat it as a diversifier whose behaviour depends on yields and the dollar. Hitesh Jain&#8217;s view, as reported by Mint, adds to a wider debate that investors should weigh with their own horizon and risk limits.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_on_Golds_Safe-Haven_Status\"><\/span><strong>Frequently Asked Questions on Gold&#x27;s Safe-Haven Status<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_did_Hitesh_Jain_say_about_gold\"><\/span><strong>What did Hitesh Jain say about gold?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Mint&#x27;s headline says Yes Securities&#x27; Hitesh Jain believes gold&#x27;s safe-haven status is fading. I could not retrieve the full interview, so I cannot report his reasons. Read the original Mint article for his arguments and any price levels he gave.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_gold_still_a_safe-haven_asset\"><\/span><strong>Is gold still a safe-haven asset?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> It depends on the period. Gold held its gains on 5 November as the Nasdaq 100 fell 6.36%, but it fell about 5% in early March 2026 while equities crashed, per Business Today. Gold is better seen as a diversifier than a fixed hedge.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_did_gold_rise_when_stocks_fell_this_week\"><\/span><strong>Why did gold rise when stocks fell this week?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Press reports said lower Treasury yields and a weaker dollar supported gold, and the stock selloff added some safe-haven buying. The 10-year yield fell to about 4.82%, a two-month low. Silver slipped because it has more industrial demand.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_gold_price_today\"><\/span><strong>What is the gold price today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Spot gold traded around USD 4,088 to USD 4,100 per ounce on 6 November. MCX December gold was at Rs 1,45,146 per 10 grams, up 1.33%, on 5 November at about 4:15 PM IST. Retail prices differ because of GST, making charges and local rates.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Has_gold_fallen_from_its_record_high\"><\/span><strong>Has gold fallen from its record high?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Yes. A market report said gold fell more than 26% from a January record above USD 5,300, and other reports put the peak near USD 5,600. At about USD 4,100 it remains well below those levels. Figures vary by source.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_it_a_good_time_to_buy_gold_on_Dhanteras\"><\/span><strong>Is it a good time to buy gold on Dhanteras?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Univest cannot say. Dhanteras is a traditional buying day, but prices move with yields, the dollar and global news. Compare ways to buy, check purity and charges, and avoid committing more than you planned.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Does_gold_protect_a_portfolio_in_a_crash\"><\/span><strong>Does gold protect a portfolio in a crash?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Not always. It can help when yields fall and the dollar weakens, as on 5 November, but it fell with stocks in March 2026. Position size matters, because a small allocation limits the damage if gold and equities fall together.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Should_I_buy_gold_or_gold_ETFs_now\"><\/span><strong>Should I buy gold or gold ETFs now?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Univest cannot give personal advice. Decide how much gold you want for diversification, compare costs and liquidity of jewellery, coins, ETFs and digital gold, and consult a SEBI-registered adviser before acting.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What did Hitesh Jain say about gold?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Mint's headline says Yes Securities' Hitesh Jain believes gold's safe-haven status is fading. I could not retrieve the full interview, so I cannot report his reasons. Read the original Mint article for his arguments and any price levels he gave.\"}},{\"@type\":\"Question\",\"name\":\"Is gold still a safe-haven asset?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"It depends on the period. Gold held its gains on 5 November as the Nasdaq 100 fell 6.36%, but it fell about 5% in early March 2026 while equities crashed, per Business Today. Gold is better seen as a diversifier than a fixed hedge.\"}},{\"@type\":\"Question\",\"name\":\"Why did gold rise when stocks fell this week?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Press reports said lower Treasury yields and a weaker dollar supported gold, and the stock selloff added some safe-haven buying. The 10-year yield fell to about 4.82%, a two-month low. Silver slipped because it has more industrial demand.\"}},{\"@type\":\"Question\",\"name\":\"What is the gold price today?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Spot gold traded around USD 4,088 to USD 4,100 per ounce on 6 November. MCX December gold was at Rs 1,45,146 per 10 grams, up 1.33%, on 5 November at about 4:15 PM IST. Retail prices differ because of GST, making charges and local rates.\"}},{\"@type\":\"Question\",\"name\":\"Has gold fallen from its record high?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Yes. A market report said gold fell more than 26% from a January record above USD 5,300, and other reports put the peak near USD 5,600. At about USD 4,100 it remains well below those levels. Figures vary by source.\"}},{\"@type\":\"Question\",\"name\":\"Is it a good time to buy gold on Dhanteras?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Univest cannot say. Dhanteras is a traditional buying day, but prices move with yields, the dollar and global news. Compare ways to buy, check purity and charges, and avoid committing more than you planned.\"}},{\"@type\":\"Question\",\"name\":\"Does gold protect a portfolio in a crash?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Not always. It can help when yields fall and the dollar weakens, as on 5 November, but it fell with stocks in March 2026. Position size matters, because a small allocation limits the damage if gold and equities fall together.\"}},{\"@type\":\"Question\",\"name\":\"Should I buy gold or gold ETFs now?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Univest cannot give personal advice. Decide how much gold you want for diversification, compare costs and liquidity of jewellery, coins, ETFs and digital gold, and consult a SEBI-registered adviser before acting.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Gold safe-haven status fading? Hitesh Jain of Yes Securities weighs in as gold holds near USD 4,100 in the Nasdaq rout.<\/p>\n","protected":false},"author":38,"featured_media":341200,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24],"tags":[20754,20751,20752,7954,20741,18855,20753],"class_list":["post-341201","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market","tag-dhanteras","tag-gold-safe-haven-status","tag-hitesh-jain","tag-mcx-gold","tag-nasdaq-selloff","tag-spot-gold","tag-yes-securities"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["341200"],"rank_math_title":["Gold Safe-Haven Status Fading? Hitesh Jain&#x27;s View"],"rank_math_description":["Gold safe-haven status fading? Hitesh Jain of Yes Securities weighs in. See how gold moved in the Nasdaq rout, prices and risks."],"rank_math_focus_keyword":["gold safe-haven status"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/11\/gold-safe-haven-status-under-question-yes-securities-hitesh-jain-says-it-is.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/341201","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/38"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=341201"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/341201\/revisions"}],"predecessor-version":[{"id":341202,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/341201\/revisions\/341202"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/341200"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=341201"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=341201"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=341201"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}