Gold Correction Creates Fresh Buying Opportunity: Expert
Vandana Bharti, Head, Commodity Research at SMC Global Securities, believes that gold and silver are still worth buying despite recent market volatility.
The correction in gold prices has created a fresh buying opportunity for investors, according to Bharti. She notes that structural support from central bank purchases and ongoing macroeconomic uncertainty could continue to underpin prices.
Silver's prospects remain closely tied to industrial demand and global growth. Recent market commentary suggests that while gold has retreated from its highs, silver may not outperform from current levels due to its dependence on industrial demand.