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.
Bu hikaye Financial Express Kochi dergisinin January 01, 2025 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye Financial Express Kochi dergisinin January 01, 2025 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
Power demand rises 3% in February
INDIA'S POWER DEMAND in February increased 3.1% year-on-year, driven by rising temperatures and higher consumption, according to Crisil.
Take manufacturing cue from Vietnam
To achieve ambitious electronics production goals, India will need to apply lessons of global integration, competitive clusters, and regulations from Vietnam
Trump Orders Military Strikes on Houthi Fighters in Yemen
US President Donald Trump ordered military attacks against sites in Yemen controlled by the Iranian-backed Houthi militia after months of disruption to shipping lanes in the Red Sea.
Centre sanctions a record 4.5 MT pulses procurement
WITH MANDI PRICES ruling below the minimum support price (MSP) due to robust crop prospects, the agriculture ministry has sanctioned the purchase of a record 4.5 million tonne (MT) of pulses from farmers under the price support scheme (PSS) for the 2024-25 marketing season.
Russia Can't Decide on Ukraine Troops: Macron
THE STATIONING OF peacekeeping troops in Ukraine, as proposed by Britain and France as part of a ceasefire agreement with Russia, is a question for Kyiv to decide and not Moscow, French President Emmanuel Macron said in an interview.
Micro magic
Are bite-sized dramas the future?
Integrating food literacy in schools
It can reduce undernourishment by 14 pp: NSF
End of cola peace
Campa's aggression has intensified segment squabbles
Focus is on employee well-being: IBA chief
IN HIS FIRST letter to bank unions and federations after assuming charge as the chief executive of the Indian Banks' Association (IBA), Atul Goel has unveiled a four-pronged agenda for employee wellness as well as creating a fair, supportive and empowering workplace environment for employees.
Report all foreign assets in ITR
Receiving shares outside India through Employee Stock Ownership Plans or Restricted Stock Units qualifies as holding foreign assets
