Our base case remains that safe-haven demand should fade further, assuming that the US economy does not slip into recession. The bull case remains a recession as it should lead to a significant pick-up in safe-haven demand. Meanwhile, silver should continue to move in gold’s slipstream.
The move has come after the price of tur and urad saw a sharp jump in prices this week. The prices of the two commodities
Analysts at Goldman Sachs India in a report on Friday said the headline inflation will average 5.3 per cent this year, which is within the
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