02
Jan
New Delhi (India), January 2: Gold’s appeal as a safe haven investment and a perfect hedge against inflation is likely to continue in 2024 as consumers face high commodity prices and elevated interest rates worldwide, thus overheating financial markets. Therefore, investment in gold against alternate asset classes, including crude oil, real estate, bonds, and bank deposits, may yield better returns in 2024. In 2023, gold outperformed other investment products as safe-haven buying triggered by the United States interest rate pause, geopolitical uncertainties, and high inflation amid a global economic slowdown. With 13% returns, gold continued to be the most attractive investment…
