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.
Chicago Fed President Goolsbee rejects calls for Fed rate cuts to ease US debt burden
Chicago Fed President Austan Goolsbee rejected calls for interest-rate cuts to ease the US government’s debt burden, warning that such a move could fuel inflation