Sheen Intact: Gold Still A Good Investment Bet

Increasing power struggle between the US and China has heightened geo-political tensions among the powerful countries. These mighty nations trying to prove their supremacy over others has been the root cause for market volatility across the board. And, the fear factor has once again brought to fore the flavour of safe haven for investors as far as gold is concerned. Back home, things are also far from promising. Uncertainty has gripped Indian markets and the volatility will continue to prevail till the ensuing general elections. These trends will have an immediate impact on gold, globally and locally, and prices will firm up in the near to medium range. Dinesh D Parekh, Mumbai-based bullion expert, feels the firm trend in bullion will continue in 2019 and for some more time after that. “First, the continuance of this trend is because of the recent US government shut down and its...