Gold could rally 10% from Wednesday record high of Rs 50,000 plus: Kotak Bank official
Gold of 995 purity (24 carat), which hit a record high of Rs 50,392.75 per 10 gm on Wednesday including taxes, could rally another 10% in the next six-nine months, said Shekhar Bhandari, global transaction banking head, Kotak Mahindra Bank. “Rising US-China trade tensions, negative real rates by central bankers and fallout from Covid would … Read more