NIFTY 50
powered by

Gold batting for the bulls: Here's what experts have to say

Updated : July 20, 2019 07:24 PM IST

Gold has been making headlines with more than 2 percent gains in this week and is up by 13 percent in this year. In the global markets, it is trading at six-year highs, while hitting all-time highs in the Indian market, north of Rs 35,000 per 10 gram.

The gold prices have been supported by a decline in the US dollar and we also have seen expectations of rate cuts in July from the US Federal Reserve officials when that meeting is held on July

Jonathan Barratt, CIO of Probis Securities; Saurabh Gadgil, MD of PNG Jewellers and David J Mitchell, founder and partner of Indigo Precious Metals shared their views and readings in terms of expectations on prices and demand.
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more
Live TV