Amid West Asia tensions, Gold may hit USD 6,000/ounce, Nifty near-term returns can remain flat: Report
New Delhi [India], March 2 (ANI): Gold prices could surge to USD 6,000 per ounce, and Rupee may weaken to 92-92.5 against USD if West Asian conflict escalates further, according to a report by Elara Capital.
The report said gold stands to benefit significantly from rising geopolitical tensions. Apart from continued central bank and ETF-related buying, gold is likely to receive an additional boost from geopolitica