Gold set to shine brighter in 2025
Financial Express Delhi|January 01, 2025
Easing interest rates and geopolitical tensions could fuel a golden rally
AKSHATA GORDE

THE SAFE-HAVEN GOLD is expected to keep shining in 2025, but faces a two-way risk that could dim its sheen.

An easing interest rate cycle and ongoing geopolitical tensions could aid the precious metal's rally to even ₹90,000 levels, but if central banks turn hawkish or geopolitical fears ease, investors may move to riskier assets.

Gold delivered 20.6% returns in 2024, closing at ₹75,746 per 10 grams in the futures trade on the Multi Commodity Exchange of India (MCX).

The price has tapered slightly from its peak of ₹79,362 after uncertainties surrounding the US presidential election outcome have subsided.

Prices in the international market have also come down with the spot gold on COMEX hovering around $2,624.50 per ounce, down from $2,801.8 per ounce in October.

هذه القصة مأخوذة من طبعة January 01, 2025 من Financial Express Delhi.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة January 01, 2025 من Financial Express Delhi.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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