positive
Gold, silver hit record highs on U.S. rate cut hopes
Precious metals rallied in global and Indian markets amid rising expectations of U.S. rate cuts. Gold touched a record high above US$4,100/oz, while silver also surged. The rally is fueled by dovish Fed expectations and safe-haven demand amid trade uncertainty. In India, jewelry demand and import pressure may push local premiums higher. The metals’ strength could influence commodity-linked sectors and macro sentiment across emerging markets.
Tags:
- economy
- global
Explore:High Return Equity Mutual Fund
positive
Gold, silver hit record highs on U.S. rate cut hopes
Precious metals rallied in global and Indian markets amid rising expectations of U.S. rate cuts. Gold touched a record high above US$4,100/oz, while silver also surged. The rally is fueled by dovish Fed expectations and safe-haven demand amid trade uncertainty. In India, jewelry demand and import pressure may push local premiums higher. The metals’ strength could influence commodity-linked sectors and macro sentiment across emerging markets.
Tags:
- economy
- global
Explore:Mutual Fund Categories
1 min read
65 words
Gold and silver surge to records as markets price in U.S. rate cuts.
Precious metals rallied in global and Indian markets amid rising expectations of U.S. rate cuts. Gold touched a record high above US$4,100/oz, while silver also surged. The rally is fueled by dovish Fed expectations and safe-haven demand amid trade uncertainty. In India, jewelry demand and import pressure may push local premiums higher. The metals’ strength could influence commodity-linked sectors and macro sentiment across emerging markets.
Precious metals rallied in global and Indian markets amid rising expectations of U.S. rate cuts. Gold touched a record high above US$4,100/oz, while silver also surged. The rally is fueled by dovish Fed expectations and safe-haven demand amid trade uncertainty. In India, jewelry demand and import pressure may push local premiums higher. The metals’ strength could influence commodity-linked sectors and macro sentiment across emerging markets.
Tags:
- economy
- global
- economy
- global
- commodities
- metals
- inflation