Gold prices dipped on Friday, heading for a third consecutive weekly loss, pressured by a strengthening dollar and hawkish signals from the U.S. Federal Reserve. The Fed’s projections indicate a potential rate hike this year, impacting the non-yielding metal. Meanwhile, Goldman Sachs forecasts gold to reach $4,900 by December.
Largecaps look better as smallcaps price in strong growth: Franklin Templeton’s Arihant Jain
Largecap stocks offer a better risk-reward balance than mid- and small-caps as higher growth expectations are already priced into smaller companies, according to Arihant Jain