Gold is considered a safe haven asset where investors rush in times of crisis. Inflation, which has been rising across the world, is also usually supportive of gold prices. Does this mean gold prices will rise now?
Prashant Jain, the chief investment officer of HDFC Mutual Fund, believes even inflation may not help the yellow metal now. “Inflation is generally supportive of gold prices. But given inflation adjusted gold prices are already very high, even if inflation persists for a whi ..
