FII money will come back much sooner than Fed’s timeline for unwinding. Not only it will be sooner, but it will be much larger than what went out. This is one reason why some seasoned investors are expecting a melt-up (bull-run) for Indian markets next year (2023).
Fragile US-Iran talks: Gold rises to Rs 1.53 lakh; silver jumps nearly Rs 10,000. What’s next?
Gold and silver prices surged in India, tracking global trends, weaker dollar, and US-Iran dialogue hopes. Gold rose 1% while silver jumped 4%, amid thin