Commodities are usually considered to be in a cyclical industry, and investors who can jump in before an upcycle starts are well placed to make a profit. But the ones who enter in-between have a risky position as the cycle’s duration cannot be determined.
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