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Economists and researchers suggest gold's rally may be nearing its peak after a significant surge, fueled by geopolitical tensions and central bank buying. While a return to pre-Covid levels is unlikely, downside pressures are building, potentially leading to weaker prices. Long-term forecasts indicate an average price of $2,720/oz between 2025-2029.
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News and Media
Investor confidence is growing, as indicated by the advance-decline ratio for BSE-listed stocks remaining above one for the fourth consecutive month in June. This bullish momentum, coupled with a revival in the IPO market and broad-based buying, is expected to drive the markets to new peaks. Analysts predict Nifty could reach 26,400 initially and potentially 28,380 by December.
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News and Media
The US tech giant will axe 4% of its global workforce and plough money into artificial intelligence.
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News and Media
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