Rollover into Gold IRA - feeling antsy about rebalancing, anyone else?

• •Okay, so I finally pulled the trigger on rolling over a decent chunk of my old 401k into a Gold IRA, roughly $750k of it.
• •The process itself was smooth enough, worked with a good firm out of Delaware.
• •But now that the dust is settling, I'm finding myself a little antsy about rebalancing.

Okay, so I finally pulled the trigger on rolling over a decent chunk of my old 401k into a Gold IRA, roughly $750k of it. The process itself was smooth enough, worked with a good firm out of Delaware. But now that the dust is settling, I'm finding myself a little antsy about rebalancing. My overall portfolio is quite diversified, mostly in various alternative assets and a healthy allocation to equities through the funds I manage. This Gold IRA was primarily a strategic move to hedge against inflation and geopolitical instability – you know how things have been looking from Greenwich these past few years.

My original thinking was to let the gold sit and do its thing, a long-term hold in my asset protection bucket. But with the recent swings, especially in the broader market, I'm starting to eye that gold allocation. I'm wondering if I should trim some of it back to re-invest in other areas, or if that defeats the whole purpose of having a precious metals allocation for true diversification. It's a significant portion of my individual retirement funds, and while the overall portfolio is multi-million, you never want to see a big slice sitting stagnant if it could be working harder elsewhere.

I'm curious if any of you seasoned Gold IRA investors have faced similar rebalancing dilemmas. Do you have a hard and fast rule for when to trim? Or do you treat your gold allocation almost like an entirely separate, untouchable entity for its intended purpose?

Part of me is leaning towards sticking to the original plan and viewing the gold as more of a 'break glass in emergency' type of asset, especially given the current economic climate. But the other part, the trader in me, sees potential opportunities elsewhere. What's been your experience with managing your gold allocation within a larger, actively managed portfolio? Any insights would be appreciated.