Is the gold bull run over? Market awaits fresh triggers
From financialexpress.com
Gold seems to have taken a breather, as all asset prices do after a long run. Gold is trading within a tight range of $3,200 – $3,350, after hitting an all-time high of $3,500 in April. Gold price today in India is Rs 98,220 and has also been trading in a narrow range for the last 2 months. Over the past three months, the price of gold has fallen by 4% from its record high. However, YTD gold is up 27% and a staggering 40% over the last 12 months. So, what has stalled the gold rally? And, most importantly for investors, is the bull run in gold over, or is it waiting for fresh triggers? Nobody knows and neither should ...
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