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  • News From Press Investors might rush back to gold in 2018: Chirag Mehta of Quantum AMC

    Investors might rush back to gold in 2018: Chirag Mehta of Quantum AMC

    Source: ET Dec 28, 2017


    "Deja vu" - gold market in 2017 seemed like 2016 all over again. The first half saw gold prices move up gradually only to give away some gains at the end of the year. The correction from middle of September was attributed to optimism surrounding rate hikes. As the U.S. stock market hit numerous records and optimism grew over President Donald Trump's tax reform helped sustain the declining momentum. Gold prices pared performance, ending the year with +7 per cent gains aided by weakness in dollar. ..

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