2024 Outlook| Why this AMC advises adding gold on dips
Fri, Jan 5, 2024 4:41 PM

2024 Outlook| Why this AMC advises adding gold on dips

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If the US dollar stabilises or weakens, then gold prices could start on a multi-year uptrend this year, according to DSP Asset Managers. Several analysts expect the dollar to weaken with the Fed ending their aggressive rate-hiking and with the possible weakening of global trade. The AMC's analysts too believe that central banks are likely to turn dovish as growth slows and inflation cracks lower.

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