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Gold prices seen above Rs 56,500/10 gm in 12-15 months
TIWN
TIWN
PHOTO : TIWN
New Delhi, May 13 (TIWN) The price of gold is expected to rise above the Rs 56,500-level (per 10 gm) over the next 12-15 months, according to a report by Motilal Oswal Financial Services.
Gold's volatility in 2021 until now has been no less than any ride in an amusement park, the report said, adding that after a good rally last year, the market witnessed some profit booking and consolidation at the lower levels amid the US Presidential election uncertainty, vaccine reports from various pharma companies and volatility in dollar and yields.
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