Gold is expected to deliver a stellar 15-18 per cent return in Samvat 2081, driven by positive economic factors and safe-haven demand, analysts said.
Samvat 2081 marks an important period for Indian investors as it signals the start of a new financial year in the Hindu calendar, coinciding with the auspicious festival of Diwali.
Gold and silver have delivered a robust performance in Samvat 2080, and the outlook remains positive for Samvat 2081, though investors may see moderate gains amid possible shifts in global market factors, they added.
“The outlook for gold in Samvat 2081 remains positive. We expect a base performance of 10 per cent with potential for 15-18 per cent gains if the import duty cut continues to drive buying momentum.
“However, any hike in import duties could push gold’s performance beyond 15 per cent. A stable interest rate environment could also support a gradual upward trend,” Jateen Trivedi, Vice President of Research for Commodities and Currency at LKP …
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