Retail buying in Asia including India fuels gold price momentum: Goldman Sachs
Sunday, 14 April 2024 () The report underscores the significant role played by new incremental factors, particularly the surge in accumulation by Central Banks in emerging markets (EM) and increased retail buying in Asian markets including India have led to an increase in gold prices worldwide. Despite expectations of fewer Federal Reserve rate cuts, strong growth trends, and record-breaking equity markets, gold has rallied by 17 percent over the past two months.
Welcome to our latest YouTube video where we delve into the soaring gold market price, exploring its role as the cornerstone of precious metals and its significance in the realm of anti Fiat currency...