Gold Price Prediction: Bullion Likely To Further Rise 25% With Periodic Corrections, Says Expert

Contributing sentiments towards policy:

49% : This longer-term move is predicated on certain assumptions about how the international data will unravel over the next few months - higher inflation, a complete and huge difference between EU moves (pauses) on rates versus the US Fed (cuts) causing the US dollar weakness and of course, a very definitive stance by China on its gold reserves accumulation which still remains way below global averages (8.5% versus global average of about 20%), he said.

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