gold prices: No justifications for gold’s recent rally, investors riding on Fed rate cut hope

Spot gold closed with a solid gain of 1.76% at $2330 Friday as the metal rallied for the third straight week. It hit a fresh record high just above $2330. It posted a whooping gain of nearly 4.50% on the week despite surging yields and a largely steady US Dollar. Part of the gains this … Read more

market correction: ETMarkets Fund Manager Talk: Despite upbeat domestic outlook, why does this fund manager see markets correcting 5-8%?

While the underlying market sentiment remains bullish, it’s important for investors to balance the excitement around new market highs with the potential risks related to geopolitical concerns, especially when valuations offer a lower margin of safety, says Neeraj Gaurh, fund manager, Axis Securities. “Despite the strong outlook for our economy, we believe that markets can … Read more