Perspective on the Gold & bullion industry by Darshan Desai, CEO, Aspect Bullion & Refinery
Below the Perspective on the Gold & bullion industry by Darshan Desai, CEO, Aspect Bullion & Refinery
“Gold prices witnessed fluctuations over the past week, falling to near two-month lows before recovering on bargain buying and softer US yields. While the rebound has brought some stability, prices remain sensitive to the dollar, interest-rate expectations and geopolitical developments. Indian buyers remain price-conscious, with demand likely to improve gradually as the festive season progresses. For the week ahead, gold may remain range-bound with a mildly positive bias, supported by domestic demand and rupee weakness, while US inflation data, Federal Reserve signals and geopolitical developments will continue to drive price movements.”
Above views are of the author and not of the website kindly read disclaimer
