Editor’s Note
This article highlights expert analysis suggesting potential upward momentum for gold prices, driven by sustained institutional and investor demand.
Gold Price Outlook
According to Chetan Mehta, Chairman and Managing Director of Lakshmi Diamonds, gold prices could see renewed strength in the coming months. Discussing the recent volatility and the pullback to the $4,200 per ounce level, he stated:
“Global buying by central banks and investors is likely to continue going forward.”