Gold losing its sheen? Know About the Gold Market Trend
  • WebDesk BTVI
  • Jun 07 2019

Anand Rathi Private Wealth Management’s Feroze Azeez talking about the losing trend in the gold market, says demonetization and less cash flows have brought a decline in domestic gold accumulation. He also talks about the impact of Federal rate hikes on gold prices, and fall in the domestic demand for gold. He says monetising, saving and financialisation of savings will impact gold more than real estate. He further believes, equity is a safe asset for a longer period.