Stay updated with breaking news from Gold Return. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Analysts say the tone remains positive, supported by ongoing geopolitical tensions in the Middle East and expectations of interest rate cuts
But growing rate cut expectations, safe-haven demand and central bank purchases have boosted gold by more than 8% this year
Analysts say market participants will keep an eye on key events this week like the RBI interest rate decision and OPEC meeting, among others
Analysts say a slew of economic data releases scheduled for this week could potentially induce volatility in Gold prices
Market participants’ focus this week will be on US GDP data and the personal consumption expenditures price index