With Stock Markets At A Record High, Should You Also Be Investing Investing In Gold?
- Updated Jan 4, 2024 5:52 PM IST
Gold opened on the Multi Commodity Exchange at 65,724 per gram. Are Investors are turning to gold as a safe haven amid equity markets reaching record highs. Navneet Damani, Head of Commodity & Currency at MOFSL, and Vandana Bharti, AVP of Commodity Research at SMC Global Securities, express uncertainty about the gold outlook for 2024, considering the upcoming general election and possible rate cuts from the Federal Reserve, as well as ongoing geopolitical tensions and wars. Gold has provided a 50% return in the past 5 years. Damani predicts that gold will rally about 14-15% each year. Should you invest in gold? And what is the right time to buy gold? Join Sakshi Batra in a conversation with commodity experts Navneet Damani and Vandana Bharti as they discuss gold investment strategies for 2024
