Today, gold appears to have the edge over equities across both near-term and long-term horizons. But this comparison is coming when gold is scaling fresh peaks, even as equities have lost steam, observes Niranjan Avasthi, SVP, Edelweiss Asset Management.
Gold rises but investors stay cautious about ‘hawkish’ Fed tone
Gold prices saw a slight uptick on Tuesday, despite a minor dip in expectations for U.S. interest rate cuts. Investors are cautiously awaiting the Federal