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A rising dollar is set to limit the return on gold investment in the near-term, despite geopolitical tensions rising abroad.
With the US Federal Reserve expected to raise interest rates again next month, the dollar might continue to fetch better returns than other asset classes, including gold and silver, in the near-term.
In India, with the southwest monsoon expected to turn weaker than previously estimated for the current season, resulting in a decline in Kharif crop output, the country's gold demand is likely to remain slow this year.
As a consequence, investors are betting on gold as a long-term investment
