Gold prices have surged sharply in August, supported by a weaker U.S. dollar, expectations of monetary easing, geopolitical tensions, and sustained central-bank purchases. Strong Chinese demand and India’s upcoming festive and wedding season add further support. Despite potential short-term corrections, structural factors including reserve diversification, inflation concerns, and de-dollarisation keep gold’s long-term outlook bullish.
Positive Breakout: These 12 midcap stocks cross above their 200 DMAs
In the NSE midcap pack, 13 stocks’ closing prices crossed above their 200-day moving averages (DMA) on September 18, 2026, according to StockEdge’s technical scan