After hitting Rs 53,000, is gold headed for new highs or profit booking on the cards? - Business News, Finance News, Share Market News - Market trendz

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Friday 18 November 2022

After hitting Rs 53,000, is gold headed for new highs or profit booking on the cards?

"We may see gold rallying albeit for a short term,'' said NS Ramaswamy, Head of Commodities, Ventura Securities. It will be followed by profit-booking as the expected rate hike of 50 bps in December is already factored in the recent rally," he added.

from Commodities-Markets-Economic Times
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