Biz Pulse: Gold Shines Bright Amid Growing Global Turmoil, The Reasons| Oneindia News
By : Oneindia
Published On: 2024-04-16
1.8K Views
02:13
Gold prices have surged over 15% in the last three months, making it the best performing asset class since the beginning of 2024. Similarly, silver has delivered returns of over 13% since January 1. Citigroup forecasts gold to reach $3,000 per ounce over the next 6-18 months, driven by inflation and expectations of monetary easing. Geopolitical tensions in the Middle East and Ukraine further bolster gold prices.
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