Business Standard

Tipping point: Gold prices are on the rise; should you invest?

Low real interest rates are positive for gold


Business Standard
Gold crossed the psychologically crucial barrier of $1,400 per ounce mark in the international markets recently.

One factor responsible for the upsurge in its price is the escalation in geopolitical tensions due to Iran shooting down an American drone. The other factor is trade tensions between the US and its trading partners, especially China, that shows no sign of getting amicably resolved. Moreover, if the US Federal Reserve cuts rates or offers any kind of stimulus, that will work in favour of the yellow metal.

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jun 27 2019 | 1:25 AM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on are available only to BS Premium subscribers.

Register to