Gold prices surged to an all-time peak on Tuesday, driven by U.S. economic and political uncertainties and anticipated Federal Reserve interest rate cuts. Despite some Fed officials signaling caution on further reductions, markets are pricing in more cuts. This environment, coupled with strong central bank buying and investor demand for hedges, propelled gold’s significant year-to-date gains.
Power, Hotels & Chemicals: Dipan Mehta maps out the market’s next big opportunities
Dipan Mehta advises selective investing, favoring power infrastructure, export manufacturing, and specialty chemicals. While acknowledging the hospitality sector’s strong run, he cautions about potential headwinds.