2025-04-24 04:40:13 pm | Source: Prabhudas Lilladher Ltd
Perspective on Gold by Mr. Sandip Raichura, CEO - Retail Broking and Distribution, Director - PL Broking and Distribution.
Below the Perspective on Gold by Mr. Sandip Raichura, CEO - Retail Broking and Distribution, Director - PL Broking and Distribution.
"Gold is on a structural bull run ever since 2024 mid when certain countries started accelerating their gold purchases – increased uncertainty around policies and an uncertain economic situation ahead for the major economies is leading to confusion around currencies and bond yields and hence Gold is likely to stay strong for the foreseeable future. We believe all dips will invite buying by ETFs and central banks and this trend is unlikely to reverse near term and therefore gold will maintain its upward trajectory”.
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The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references.
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