Gold Is Also Facing Near-Term Headwinds and Significant Oil Shock Could Prolong The Malaise.
Gold Increasingly Rivaling US Treasuries As A Preferred Reserve Asset For Central Banks Globally, For The First Time In Decades
Gold Has Bounced From The $4,500–4,550 (~Rs. 1,49,000) Support Zone and Is Now Targeting Resistance At $4,800–4,850 (~Rs. 1,55,000)
The Dip Comes As Investors Weigh A Complex Geopolitical Backdrop Against The Federal Reserve’s "Higher-For-Longer" Interest Rate Stance
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