Gold coins and bars at a gold shop in Bur Dubai. Dubai: Gold is looking attractive again what to invest during inflation years of underperformance.
Going forward, the macro theme of higher inflation and interest rates is expected to continue and that would provide underlying support for gold. Rate hikes has been the best buying opportunity for gold during the past 2 years, since the present cycle has been ongoing. So long as we don’t see any accelerated cycle of rate hikes in the US, gold is going to perform reasonably well. There has not been a strong urge to invest in gold as stock markets have been doing well, along with very low interest rates that central banks have been trying to support.
But those are now starting to unravel. We are seeing signs of increased volatility in stock markets, and that is also helping to reignite the focus on gold. Gold prices have been stuck in a range for many years. With a daily BPA audited paid circulation of over 93,068 as of June 2017, and an online audience of 5. 3 million uniques every month, it is your go to source for information on the region. 205, 2nd Floor, LSE Building, 19-Khayaban-e-Aiwan-e-Iqbal, Lahore. 80 points to close at 46637.