Rising hopes of US interest rate cuts have aided gold prices. In addition, the weak global economic outlook, escalating geopolitical tensions, unpredictability surrounding the US presidential election, and higher central bank purchases have offered support to the yellow metal.
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