Is India's favourite gold losing its appeal as a safe-haven in volatile market this year?
Gold's appeal as a safe haven has slowed after a strong rally this year. Profit-booking and easing geopolitical tensions have led to a market reassessment. The US Federal Reserve's interest rate stance remains a significant factor for gold prices. Investors are currently prioritizing growth assets l
The Bharath News1 min readSource: ET Markets
Read in
Gold's appeal as a safe haven has slowed after a strong rally this year. Profit-booking and easing geopolitical tensions have led to a market reassessment. The US Federal Reserve's interest rate stance remains a significant factor for gold prices. Investors are currently prioritizing growth assets like equities over protection trades.
Read the complete story at ET Markets00