Monetary policy plays a crucial role in influencing the performance of various financial assets, and gold is no exception. Gold has historically thrived during times of economic uncertainty, and one of the key drivers of its value is the prevailing monetary policy. When central banks opt for a more accommodative approach, such as lowering interest rates or implementing quantitative easing, it tends to create a favorable environment for gold investments.
Tech View: Nifty’s drop below 24,350 could trigger a slide to 24K in near term. How to trade tomorrow
Nifty’s trend remains weak, currently positioned near a critical support level on the weekly charts, suggesting a potential for an upside bounce from current or
October 23, 2024