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Below Quote on Gold trends by Satish Dondapati, Fund Manager, Kotak Mahindra AMC

“Gold and silver look positive over the medium to long term, but prices may be volatile in the short term. Ongoing global tensions support demand for gold as a safe-haven investment. However, strong US jobs data has strengthened the dollar and pushed up bond yields, which usually puts pressure on gold and silver prices. High oil prices may keep inflation elevated, which could support both metals over time. In the medium term, gold may perform better as investors prefer safety during uncertain periods. Over the longer term, silver could outperform as demand from solar, electric vehicles, and electronics increases. Currently, strong US data and a firm dollar are creating temporary pressure. However, both metals remain in a long-term growth trend. High global debt, policy uncertainty, and steady central bank buying support gold. Silver also benefits from strong demand and limited supply, making it attractive for long-term investment.”

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