Gold prices have dropped nearly 5% while Bitcoin surged 30% following the recent U.S. election. This market shift is attributed to expectations of Republican policies potentially driving economic growth and inflation. While gold’s decline is linked to a strengthening U.S. dollar, Bitcoin’s rise is fueled by its appeal as a hedge against inflation and its growing acceptance in mainstream finance.
2 top stock recommendations from Rajesh Palviya
Rajesh Palviya of Axis Securities suggests Nifty may consolidate between 24,800 and 25,000. Bank Nifty might range from 54,900 to 55,500. Chennai Petro and Coal
May 20, 2025