Biz Pulse: Gold Shines Bright Amid Growing Global Turmoil, The Reasons| Oneindia News

Video Credit: Oneindia

Published on April 16, 2024 - Duration: 02:13s

Biz Pulse: Gold Shines Bright Amid Growing Global Turmoil, The Reasons| Oneindia News

Gold prices have surged over 15% in the last three months, making it the best performing asset class since the beginning of 2024.

Similarly, silver has delivered returns of over 13% since January 1.

Citigroup forecasts gold to reach $3,000 per ounce over the next 6-18 months, driven by inflation and expectations of monetary easing.

Geopolitical tensions in the Middle East and Ukraine further bolster gold prices.

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