Economists and researchers suggest gold’s rally may be nearing its peak after a significant surge, fueled by geopolitical tensions and central bank buying. While a return to pre-Covid levels is unlikely, downside pressures are building, potentially leading to weaker prices. Long-term forecasts indicate an average price of $2,720/oz between 2025-2029.
Expect limited upside in near term, stick to stock-specific strategy; Vedanta, Motherson among top picks: CA Rudramurthy BV
Indian markets are struggling to maintain gains despite positive domestic news. Global factors and foreign selling are creating caution. Short-term traders are advised to reduce