‘Gold expected to rise, stagger bets via sovereign bond issues’

‘Gold expected to rise, stagger bets via sovereign bond issues’

Mumbai: Investors could stagger their investments in gold through the six tranches of sovereign gold bonds between May and September, said financial planners. Gold prices have been flat over the last one year but analysts expect surge in inflation, negative real yields on bonds and a depreciating rupee due to the second wave of Covid-19 to drive up the value of the precious metal over the next year or so. With equity prices advancing in the

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