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Podcast: businessline's State of the Economy Podcast
Episode: Theme: Commodities| Where is gold headed?
Description: In this episode of the State of the Economy podcast, businessline’s Subramani Ra Mancombu talks to Manav Modi, Research Analyst Commodities and Currencies, Motilal Oswal Financial Services about the current state and future prospects for gold. The podcast starts by highlighting the recent firmness in gold prices, hovering around $1990.00 an ounce, marking a six-month high. The journey throughout the year has been marked by volatility, with prices fluctuating between $1800 and $2050 per ounce. Various factors, including high-interest rates and geopolitical crises such as the Ukraine war and the Hamas-Israel standoff, have contributed to the swing in gold's val...