From a technical perspective, the first key technical support for gold, according to WGC, is seen around its medium-term 55-day average and initial Fibonacci retracement of the rise from the 2022 low
As the gold rally continues with prices breaking record highs, here's a look at similar historical examples where gold surged, what caused that surge and what happened after
Gold prices are likely to stagnate or even decline by 5 per cent to 10 per cent over the next year, as it potentially underperforms global equities
The key risks to the upside in gold, BofA Securities said includes US fiscal consolidation, reduced geopolitical tensions, and a return to collaborative inter-governmental relations
The medium-term outlook for Indian equities remains positive. Fixed income strategies should focus on accrual and high-yield investments, while gold and real estate show positive growth prospects.
This review exercise must be undertaken to restore the portfolio's risk profile to its original level
A weaker dollar, stretched valuations in stocks and declining crypto currencies could induce volatility in gold, going forward