Amidst economic uncertainties, gold has surpassed Rs 1,00,000, outperforming traditional investments. Fueled by geopolitical tensions and central bank buying, experts suggest a ‘buy on dips’ strategy, anticipating further gains. However, caution is advised, recommending a limited allocation for diversification rather than an all-in approach, considering potential shifts in market dynamics.
Banks unlikely to reduce deposit rates despite RBI easing
Following the latest repo rate decrease, bankers foresee only slight adjustments to deposit rates. The landscape, characterized by sluggish savings yields and elevated credit-deposit ratios,