Rupee Gains As Traders Position For LIC IPO Inflows

The Indian rupee advances for a second day as traders cite inflows ahead of the mega share sale of Life Insurance Corp. of India, likely by mid-March. Bonds are lower with traders waiting to see if the government cancels the last auction of the fiscal year

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Gold Forecast For Next Week 21 To 25 February 2022

Gold price crosses ₹1 lakh: Huge surge in yellow metal

Gold Forecast For Next Week: Geopolitics is likely to remain the primary market driver next week. A de-escalation of tensions could trigger arisk rally andcause gold (Yellow Metal) to come under heavy selling pressure. On the other hand, a prolonged threat of a Russian invasion could provide another boost to gold by forcing investors to stay away from risk-sensitive assets.

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