Gold prices have rallied 18 percent in 2019 so far and have gained over $100 per ounce since the beginning of August. There are fears of a recession amidst an escalating trade war and collapsing bond yields have fueled this rally.
Recommended ArticlesView All
World Cancer Day 2023: Early detection is crucial for reducing the global burden
Feb 4, 2023 IST5 Min(s) Read
World Cancer Day 2023: A way forward to better management of cancer this year!
Feb 4, 2023 IST6 Min(s) Read
Pakistan economy at alarming level as foreign reserves drop to $3.1 billion from $16.6 billion in a year
Feb 3, 2023 IST3 Min(s) Read
FM Nirmala Sitharaman speaks on inflation, taxes, GDP and more. Read the full interview here
Feb 3, 2023 IST37 Min(s) Read
The yellow metal has hit record highs not just in India, but also in the UK, Russia and a whole host of other countries. However, the spike in gold prices hit imports into India which have now dropped to $1.71 billion in July.
In an interview to CNBC-TV18, TP Ostwal, managing partner at TP Ostwal & Associates; Shekhar Bhandari, senior executive vice president at Kotak Mahindra Bank and Surendra Mehta, national secretary at IBJA, discussed whether this rally will sustain and whether it is the right time to invest in gold assets.