
In the world of fluctuating market and rising global tension,Gold seems to Ready to reclaim throne of ultimate safe hevan Asset. According to the Kishor Narne of Motilal Oswal Financial services ltd gold could cross eye popping figure of $4,000/ounce within next 18-20 months
According to Narne if any small correction happens in gold that would be excellent buying opportunity for long term Further they said gold will outperform to other assets in short term and Gold is looking Bullish at stage too
While Silver will show recovery and expected to catch up but he believes silver is not safe hevan like Gold to invest for long term
Today as of Now Gold is up by 2.5% and trading $3,389. In last one year gold rallied from $2,300 to $3,390 which indicate gold has given 42% return which is better than what equity has given
Disclaimer:
The information provided in this article is for educational and informational purposes only and does not constitute financial advice or investment recommendations.