Gold prices experienced a rise due to a weaker U.S. dollar and persistent economic uncertainties, enhancing its appeal as a safe-haven asset. Platinum prices saw a slight decrease after reaching a peak not seen since 2014. Market anticipates potential U.S. rate cuts, further bolstering gold’s attractiveness amidst ongoing trade negotiations and geopolitical tensions.
Geopolitics, crude risk and the IT conundrum: Sridhar Sivaram on why investors may need to stay selective
Geopolitical tensions in West Asia are creating market uncertainty, impacting energy supplies and capital flows. While Indian equities have shown resilience, prolonged conflict could significantly