Gold has outshone equity markets in the first half of calendar year 2024, defying expectations and showcasing its resilience. Spot gold prices on the Multi Commodity Exchange surged 14%, outpacing the benchmark Nifty50 index. Globally, the yellow metal climbed nearly 13% during the period, reaching $2,380 per ounce. This rally […]
gold etfs
Today’s surge, particularly noteworthy, saw indices climbing by nearly 2 percent. This remarkable rebound coincided with the Reserve Bank of India’s optimistic revision of the FY25 GDP growth forecast to 7.2 percent, up from the previous 7 percent projection. Furthermore, the central bank maintained a steady course by leaving the […]