Gold and silver showing signs of euphoria after blistering rally, warns ICICI Prudential's S Naren

ICICI Prudential AMC CIO S Naren has cautioned investors against rising euphoria in precious metals after a sharp rally, urging a shift towards balanced asset allocation. He expects Indian equities to outperform global peers in 2026, recommending selective risk-taking, flexible investment strategies and greater equity exposure amid improving relative valuations.