Gold prices rose on Monday, hovering near an all-time high, fueled by a weaker U.S. dollar and growing expectations for Federal Reserve interest rate cuts later this year. Traders are currently pricing in a 90% chance of a Fed cut in October. This surge occurred despite weakening physical demand in China, while other Asian hubs saw steady buying.
Macro headwinds are behind us; largecaps poised to outperform: Prashant Jain
India’s equity markets are poised for a positive turn as economic challenges recede, according to Prashant Jain. He highlights strong domestic fundamentals, improving external balances,