What's better than gold? Vedanta's Anil Agarwal points to a money idea you may have overlooked
In a post on X, Agarwal said metals such as copper, aluminum, zinc, and silver are fundamental to new-age technologies.
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In a post on X, Agarwal said metals such as copper, aluminum, zinc, and silver are fundamental to new-age technologies.
Market uncertainty surrounding the interest rate cycle and potential cuts ahead contributed to the downward pressure on gold prices.
In the case of physical gold, the expected returns would depend on the current gold price. For gold ETF, the value would depend on the price of the ETF.
COMEX Gold prices closed marginally down at the start of the week as investors await Fed policy and US Jobs data this week.
Bullion also witnessed a drop in the past few trading sessions as easing tensions over a war between Iran and Israel sapped away safe-haven demand.