Gold prices have seen sharp fluctuations this year amid changing expectations on US interest rates, a stronger dollar and geopolitical tensions. HSBC expects the Federal Reserve may not raise rates as anticipated, while central bank buying and demand in India and China could support prices
Gold could rise to $5,000-$5,600 per ounce and silver to $95-$120 in a bull-case scenario, according to Monarch PMS. The report sees a 25 per cent probability of the scenario, driven by lower rates, stronger demand and physical tightness
Gold prices may rise up to Rs 1.85 lakh amid favourable macroeconomic conditions, according to a report. Strong demand, central bank buying and global uncertainties continue to support the metal, making it an attractive investment this Akshaya Tritiya