Why gold has been shining so brightly in the last one year

Remarkable surge

Gold has jumped 20 per cent over the last 12 months. So, let’s explore why this precious metal is radiating.

1. Timeless stability

Gold shines bright in times of global uncertainty. So, with geopolitical tensions rising, some major emerging markets have been stockpiling more gold, driving its price up.

2. Anticipation of rate cuts

Since experts expect the US Fed to cut rates this year, investors have started buying gold. FYI, gold prices go up when interest rates are lower, and vice versa.

3. Did you know Indian investors benefit more?

That’s right! For example, even as gold returned absolute returns of around 70% in dollar terms over the last five years, it delivered a return of around 105% in rupee terms.

Do you know the reason why that’s the case?

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