There’s likely to be a period of consolidation due to the stronger dollar and concerns over the potential for more US fiscal stimulus to lead to higher rates before the precious metal starts climbing again, UBS analysts including Levi Spry and Lachlan Shaw said in a note. Bullion would rise a little further, to $2,950 an ounce, by the end of 2026, they said.
Public investments in infra surpass pre-Covid level: Finmin
Public investments in infrastructure have surpassed pre-pandemic levels, hitting 5.87% of GDP in 2023-24. The investments surged to Rs 17.35 lakh crore in 2023-24. The