Irrespective of rate hike, invest in equities if you have a 5-year horizon: Pranit Arora

“As the dollar index keeps on rising, gold is becoming less and less attractive for other currency holders amid high volatility in equity markets. Therefore, for the upcoming festive season, the same volatility can be expected to continue along with $ 1600 as a danger zone. If prices move below this level, then the next support may emerge at $1530 – 1550 levels. “

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