 "Gold")
Propelled by the banking crisis in the United States (US), the Israel-Hamas war, fears of an economic slowdown in the US in the latter half, and the belief that the bulk of rate hikes by the US Federal Reserve (Fed) were over, gold has managed to give investors a return of 12.8 per cent year-to-date (YTD) in 2023. Experts say while the initial months of 2024 could be turbulent, the yellow metal is likely to do well in the second half.
Positive drivers
US economy and Fed policy: In the past couple of months, concerns about the US economy slowing
