Reported about 1 year ago
Standard Chartered Bank's Wealth Management Department predicts that gold remains a core investment, with expectations to rise to $2,450 per ounce in the next 12 months due to the start of rate cuts and physical gold demand. They suggest a shift to stocks over bonds in the second half of 2024, favorable outlook for US and Indian stocks, and include diversification tools like gold and emerging market US dollar bonds in investment portfolios.
Source: YAHOO