Gold and silver outlook: Precious metals likely to stay strong; Kotak AMC cites central bank demand and dollar weakness
Gold and silver are poised for strong momentum, fueled by consistent central bank demand and anticipated shifts in US monetary policy. Nilesh Shah of Kotak AMC highlights that these precious metals are evaluated on perceived value, with central bank buying and a weakening dollar supporting prices. Supply constraints and geopolitical unpredictability further bolster their attractiveness for long-term diversification.