Jarvis Invest | Equity Research | Financial Modeling & Valuation | IIMB Certified FAA | 2x LinkedIn Top Voice | Finance Content Writer | Finance Enthusiast | Student at PIMR | Former Head boy at St. Norbert School
💸Gold on Fire: Hitting ₹74,000 and Why It's Rising!???💸 Gold prices have been on a tear lately, reaching a scorching ₹74,000 and delivering a sizzling 13% return - that's a jump from the previous 9%! But what's behind this hot streak? Let's break it down!!! 1. China's Wobbles Spark Safe Haven Rush Imagine this: China's stock market is taking a tumble, and their currency is weakening. Yikes! Investors spooked by this get nervous and seek shelter in safe havens like gold. Gold's reputation as a reliable store of value makes it shine during shaky times. 2. US Interest Rate Cuts? Gold Gets More Attractive The buzz is that the US Federal Reserve might lower interest rates. This can make gold more appealing compared to other investments like bonds that typically pay interest. Why? Because when interest rates are low, the potential returns from those bonds become less exciting, making gold's zero-interest offering seem less like a sacrifice. So, is this the new normal? What do you think? Will gold prices continue to climb? Share your thoughts in the comments! #Gold #Investment #MarketTrends
Very well researched 💯
Is Ukraine and Russia conflict a factor for rise?
Gold price will shoot until the situation in China gets steady. Till then investors will enjoy the returns on gold 😅.
Great Share Aryan!! There can be many reasons for Rising of gold prices. One reason might be Inflation, Inflation rate is directly proportional to gold prices, so when Inflation ces down to 4% level we can expect cuts in gold price....
Great share 👏Aryan Khandelwal Inflation rate is directly proportional to gold prices. So if inflationary pressure continues, gold prices will increase!!
Great share Aryan Khandelwal
Dean’s List ‘24 (First Rank) SBM NMIMS || Summer Intern @ LatentView Analytics || MBA DIGITAL TRANSFORMATION || SBM NMIMS’ 25 || Former Software Engineer at Tata CLiQ
7moAbsolutely fascinating read, Aryan ! The surge in gold prices is a testament to its enduring allure as a safe haven. 🌟 Your breakdown makes it crystal clear why investors are flocking to gold amidst global uncertainties. I'm curious to see how this trend evolves, especially with potential US interest rate cuts on the horizon. Will gold continue its glittering ascent? Let's watch this space! 📈✨