Indian Thought Latest News & Views
Gold prices have exhibited significant volatility in recent days, reaching historic highs before retreating slightly. The metal’s safe-haven status has drawn investors amid rising geopolitical tensions, especially after the Pahalgam attack and concerns of a broader India-Pakistan conflict.
Global economic uncertainties, including fears of a US recession and fluctuating oil prices, have further increased gold’s attractiveness. Experts suggest that while gold remains a solid hedge against uncertainty, investors should monitor global indicators closely before making large purchases.
In India, festive demand and currency movements have also impacted gold prices. Retail buyers are treading carefully, with jewelers reporting cautious footfalls despite the traditional wedding season boom.
