The relationship between the US dollar and gold is often characterized by an inverse correlation. When the US dollar weakens, gold prices tend to rise and vice versa. Earlier, gold prices in the international markets were primarily driven by real interest rates. Robust US economic release boosted bets of higher-for-longer rates which ended up lifting the US currency and bond yields.
These 9 equity mutual funds are down by over 15% from 52-week high NAVs
Around nine equity mutual funds are down by more than 15% from their respective 52-week high NAV.
December 27, 2024