Analysts see gold at Rs 56,500 in 12 months. Is it a good time to buy?
Analysts see gold at Rs 56,500 in 12 months. Is it a good time to buy? "Rising coronavirus cases, continuous liquidity injections, rising inflationary expectations, economies growing on the back of debt, Middle East tensions, trade war between US and China and few other factors continue to boost the sentiment and build a strong case for higher gold prices," says Manav Modi, Analyst at Motilal Oswal Representative Image Since the start of this year, gold has been under pressure as the dollar and US bond yields surged pricing in a swift turnaround of the US economy. The precious metal's journey...