Business Standard

Where are gold, rupee and oil prices headed in 2019?

Commodity outlook 2019 for gold, crude oil and rupee

Gold outlook
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Gold outlook

Pritam Kumar Patnaik Mumbai
Gold 2019

International Gold price fell by almost 5 per cent in 2018 as investors avoided investments in gold in the past year due to rising equity markets. Indian gold was up almost 8 per cent in 2018 as the Indian Rupee depreciated by 10 per cent in 2018. However, gold looks an attractive asset class in 2019. 

The growing economic recovery in the Eurozone led investors to believe that the European Central Bank (ECB) will tighten its monetary policy sooner rather than later. This, in turn, was expected to push the Euro higher against the US dollar and support

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