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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.
#Business #Businessnews #StockExchange #IranIsrael #Businessimpact #Sensex #Nifty #Gold #Businessupdates #Economy #Indianews #Oneindia #OneindiaNews ~HT.178~ED.194~GR.124~
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