12 Oct 2025 | 5 Mins Read
Gold Reserve Shift Continues Amid Strong Markets
Flipitmoney
Gold crossed the $40,000 mark, surging more than 50% in past year. Investors are considering booking profits. Vikram Dhawan, Head of Commodities at Nippon India Mutual Fund, says the current rally is driven by a global reset among investors and central banks diversifying into gold. He predicts strong gold markets until this reset completes, with potential phases of consolidation and correction.