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 Pune.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة January 01, 2025 من Financial Express Pune.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
Samsung CEO touts AI fridges & washers
SAMSUNG ELECTRONICS IS ramping up investment in AI for consumer electronics, betting on its ubiquitous presence in gadgets from smartphones to TVs to help it stake out a spot in the AI arena.
'Inequality, climate change to be big urban issues'
India's rapid urbanization presents significant challenges, with traffic congestion, inadequate public transport, and a lack of urban design being key concerns. The article explores solutions focusing on sustainable transport, improved urban planning, and economic development strategies.
HMPV: Centre asks states to step up surveillance of respiratory illnesses
Two suspected cases of the virus were reported from Nagpur, taking the total number to seven
AMD chips to power Dell PCs
Also announces first desktop PC
Only 1 in 5 Sees Household Income Rising in '25: Study
ONLY 24% OR 1 out of every 5 Indians expects their household income to rise in 2025, a survey released on Tuesday showed.
A boost to Act East policy
Odisha can unlock its vast potential in industries such as manufacturing, logistics, and tourism, propelling the state towards a prosperous and sustainable future
Orbit, Sanabil Launch Startups' Accelerator
ORBIT STARTUPS (ORBIT) and Sanabil Investments have launched an accelerator programme to cultivate early-stage startups from the Saudi Arabia and the Middle East and North Africa (MENA) region as well as global startups seeking to expand into the region.
BPCL board clears ₹1K-cr MNGL IPO
THE BOARD OF state-owned Bharat Petroleum Company has given an in-principle approval for the listing of Maharashtra Natural Gas (MNGL) — its joint venture company with GAIL and Indraprastha Gas, the company said on Tuesday.
Growth engine runs out of steam
THAT REPRESENTS A loss of 6.4% growth over the period, against an average annual growth of 6%.
Vi planning phased 5G rollout, says CEO
VODAFONE IDEA is preparing for a phased 5G rollout, and will launch new tariff plans in 2025, the telco's CEO Akshay Moondra wrote to Vi customers in an emailed new year greeting.
