Gold, Silver Prices To Rise Further? Expert Shares Investment Strategy Ahead Of Festive Season

Gold and silver have remained in a consolidation phase, but both metals have recently started moving higher. In this market outlook, investors get insights into how to approach gold and silver over the next three, six and twelve months. Navneet Damani, Head of Research, Commodities, Motilal Oswal Financial Services, explains the outlook for precious metals as the festive season approaches, when domestic demand typically strengthens. The discussion also looks at the US rate cycle, inflation, elevated oil prices and global uncertainty. The expert believes gold and silver prices are likely to remain elevated and sees the current sideways movement as an opportunity for medium-term investors to accumulate gradually.