Is it right time to go bullish on bullion?

Published on 14 Aug, 2017

Meenakshi Gupta, assistant manager, Investment Research and Analytics at Aranca, said that the IMF's recent cut on US growth forecast should drive upward movement for gold in the medium-to-long term.

"We expect the gold price to remain range-bound between $1,230- $1,290 in the short-term, while may touch $1,400 in the long-term," Gupta told Khaleej Times.