Gold may flourish if a currency or debt crisis unfolds: Report1 min read . Updated: 03 Dec 2021, 04:26 PM IST
- While gold prices will primarily be determined by how inflation and the US Fed policy shape up, it is prudent to hold the strategic asset class in these times of uncertainty plagued economic and health dispersion
NEW DELHI: The Turkish lira depreciated sharply in November, giving rise to fears of the spread of a currency crisis to other countries with dollar-denominated debt. Gold, which is a monetary asset, may flourish if a currency or debt crisis unfolds, Quantum Mutual Fund said in a note on bullion outlook for December.
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