Gold had outperformed other asset classes in the dotcom bubble of 2000 and also in the global financial crisis of 2008
Market may give vaccine manufacturers, pharma companies may get a boost
Buying at lower levels in the pharma and IT space lifted Sensex and Nifty nearly 600 points and 170 points off lows
Here's what experts have to say about gold price movements
Surprisingly, markets are showing tremendous resilience despite the rising COVID cases but sustainability at higher levels seems difficult if this trend continues
Corrections amid the current scenario cannot be ruled out with brokerage houses trimming their Nifty return targets and the likely delayed recovery due to partial , say experts
There is no real limit on the amount of gold jewellery or ornaments one can own as long as the source of funds can be justified
Technical charts suggest buy on dips opportunity in the market which is a positive sign, say experts
Good things take time and it’s the same for your financial investment journey.
Investors are responding to the negative real interest rates by choosing gold over other instruments