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The Economic Times
The Economic Times
Nikhil Agarwal

Stocks, gold or debt? Rs 2.7 lakh crore fund manager who predicted bullion boom on where to invest now

Manish Banthia got gold right when almost nobody else did. In November 2023, the Chief Investment Officer (CIO) for Fixed Income at ICICI Prudential AMC made the case for buying bullion at a time when sentiment was deeply negative and prices had gone nowhere for over a decade. Then, on December 29, 2025, he flagged silver peaking. Both calls landed.

Now he's telling investors to stop chasing the metal entirely.

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