Gold Likely to Shine on Demand-Supply Imbalance: 5 Top Picks

Gold prices jumped in 2024 buoyed by increased geopolitical tensions, a depreciating U.S. dollar, the potential for monetary policy easing, and continuous purchasing by central banks. Physical demand has also been strong in China due to a weaker yuan, a volatile stock market and comparatively low deposit rates. investors are thus exploring alternatives for their savings.The World Gold Council (WGC) recently said that the gold mining industry is suffering from a scarcity of deposits of the yellow metal. WGC ...