Gold prices have dropped by around 6% since Diwali, pressured by a stronger US dollar and rising inflation concerns. The price of 24-carat gold fell from Rs 80,710 to Rs 74,031. The recent uptick in US inflation has sparked fears of a pause in Federal Reserve rate cuts, further weakening gold prices. Check local gold rates for details.
Equities must remain in retirement portfolio despite market swings: Hsu
Judy Hsu, the CEO of Standard Chartered, highlights the critical role of equities in retirement portfolios despite current market fluctuations. Recent trends show a notable