Gold Outlook 2022: Yellow metal to perform better in current year – know what would drive commodity
“The year 2022 is likely to witness the start of the rate tightening cycle in the US. In the preceding interest rate hike cycles, gold has performed well as it marks higher inflation, an improving economic cycle and ample liquidity,” the brokerage added further.
Gold ETFs experienced outflows of US $9.1 billion, World Gold Council report said: PTI