Biz Pulse: Why Gold Is Soaring Amid Global Turmoil π
Gold prices have jumped over 15% in just three months, becoming 2024's top-performing asset. Discover the key reasons behind this surge and what it means for investors.
About this video
Gold prices have surged over 15% in the last three months, making it the best performing asset class since the beginning of 2024. Similarly, silver has delivered returns of over 13% since January 1. Citigroup forecasts gold to reach $3,000 per ounce over the next 6-18 months, driven by inflation and expectations of monetary easing. Geopolitical tensions in the Middle East and Ukraine further bolster gold prices.
#Business #Businessnews #StockExchange #IranIsrael #Businessimpact #Sensex #Nifty #Gold #Businessupdates #Economy #Indianews #Oneindia #OneindiaNews
~HT.178~ED.194~GR.124~
#Business #Businessnews #StockExchange #IranIsrael #Businessimpact #Sensex #Nifty #Gold #Businessupdates #Economy #Indianews #Oneindia #OneindiaNews
~HT.178~ED.194~GR.124~
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2:13
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Published
Apr 16, 2024
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