Gold rally: Soaring prices cool festive demand; experts see short-term correction but back annual SIP buying
Gold rally: Soaring prices cool festive demand; experts see short-term correction but back annual SIP buying
Gold prices have surged to record highs, deterring festive buyers despite sparkling offers. Global financial unease and a weakening rupee are driving this rally, with central banks also contributing. While a post-Diwali correction is anticipated by some, experts advise long-term investors against market timing, suggesting consistent annual purchases mimic an SIP for steady returns.
Gold prices have surged to record highs, deterring festive buyers despite sparkling offers. Global financial unease and a weakening rupee are driving this rally, with central banks also contributing. While a post-Diwali correction is anticipated by some, experts advise long-term investors against market timing, suggesting consistent annual purchases mimic an SIP for steady returns.