Is the gold rally getting over? No, this is just the beginning

  • Posted on October 5, 2024
  • By Business News Today
  • 5 Views
Is the gold rally getting over? No, this is just the beginning

Gold has surged by 4% after the U.S. Federal Reserves rate cut and is expected to continue rising. Geopolitical tensions, further rate cuts, rising inflows into gold ETFs, and central bank purchases are key drivers. Seasonal demand in India will also support the price momentum, making it a promising period for gold investments.
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Business News Today

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