Gold is set for its eighth weekly increase, driven by geopolitical and trade tensions, reaching over 1% higher this week. A surge in bullion-backed exchange-traded funds and increased central bank buying have contributed to the metal’s rise. Market concerns include potential changes in US support for Ukraine and the weakening US dollar.
Kaynes shares plunge 43% from October peak. Is a tactical rebound on the cards or more pain ahead?
Kaynes has plunged 43.5% from its October peak, with Friday’s 12.5% drop marking the steepest single-day decline. Momentum indicators remain bearish, signaling a risk of