NEW DELHI: Silver gained while gold was trading close to the flatline as cautious traders waited for clear signals before taking a bet as equities are racing ahead on hopes of swift recovery in economic conditions but rising Covid cases are still a worry. India has reported 7.9 lakh cases of Covid-19 till now, the … Read more
We are moving from a V-shaped recovery or the easy money, early gains to something that looks more like a U-shaped recovery, says Chairman & Chief Investment Officer, Hugh Johnson Advisors. In the last two months, we have seen the stocks making great moves despite a lot of uncertainty. Where do we go from here … Read more
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