Gold prices dipped slightly on Friday but experienced a 2.30% weekly gain due to weak US economic data affecting yields and the Dollar Index. Central banks continued purchasing gold, and poor job reports increased expectations for potential rate cuts. Geopolitical tensions also supported gold prices, indicating market volatility.
‘On the edge…’: What social media conversations reveal about the current market mood
Social media analysis reveals bleak market sentiments among investors and experts. Market veteran Shankar Sharma highlights that the downturn is local and needs local solutions.