Gold has surged by 4% after the U.S. Federal Reserve’s rate cut and is expected to continue rising. Geopolitical tensions, further rate cuts, rising inflows into gold ETFs, and central bank purchases are key drivers. Seasonal demand in India will also support the price momentum, making it a promising period for gold investments.
Mid- and small-cap pressure persists as valuation concerns deepen: Harsha Upadhyaya
Amidst DII buying and FII outflows, mid- and small-cap corrections are driven by valuation and earnings realities, according to Harsha Upadhyaya. He advises caution in