Gold Prices: Gold tends to perform well during economic turmoil, with reliability that can help offset the risk of more volatile assets in conditions such as geopolitical uncertainty.
Gold prices advanced on Monday, as
the metal s appeal was boosted by safe-haven demand owing to
tensions in the Middle-East, while markets raised bets that the
Federal reserve will cut rates sooner.
Gold tends to perform well during economic turmoil, with reliability that can help offset the risk of more volatile assets in conditions such as geopolitical uncertainty.
Foreign institutional investors (FIIs) sold shares worth Rs 1,721.35 crore, while domestic institutional investors (DIIs) purchased Rs 2,080.01 crore worth of stocks on January 10, provisional data from the NSE showed.
Gold prices edged up on Wednesday,
supported by a slightly weaker U.S. dollar ahead of a critical
inflation report that could offer some clues on whether the
Federal Reserve will begin cutting.