Dr Joseph Thomas, Head Of Research, Emkay Wealth Managementsaid the rise in crude oil prices could be short-lived as it has been sparked by the ongoing Middle East conflict, though some impact on India Inc earnings and economic growth cannot be ruled out. He advises against tweaking the portfolio amid this setup. Additionally, among the…
Gold rate today: Gold prices extended gains on Tuesday as investors seek safety amid rapidly escalating tensions in West Asia. Coordinated military strikes by the United States and Israel on Iran have rattled global markets, triggering a classic flight to safe-haven assets. The situation worsened after Iran’s Islamic Revolutionary Guard Corps (IRGC) announced the closure…
Legendary investor Ray Dalio has once again enunciated the importance of Gold in portfolios. A video clip shared on social media platform Dalio’s comments arrive at a time when investors are grappling with elevated geopolitical risks, rising debt levels, aggressive monetary interventions, and growing uncertainty about the long-term stability of currencies. In such an environment,…
Gold rate today: Gold prices have entered a range-bound terrain after a stupendous start to the year, as tailwinds that supported the rally started to fade. The yellow metal broke below the crucial $5,000 mark on Thursday night and continues to remain so despite a 1% rebound today, February 12. The fresh bout of selling…
