Gold, Silver Hit Record Highs as HDFC Securities Recommends Four ETFs for Long-Term Investment
Gold and silver reached record highs on Tuesday with MCX gold at ₹1,46,328 per 10 grams and silver at ₹3,19,949 per kg. Market experts maintain bullish outlook with gold targeting ₹1,48,000-₹1,50,000 and silver eyeing ₹3,20,000-₹3,25,000. HDFC Securities recommends four ETFs for long-term investment with up to 10% portfolio allocation, though warns of potential short-term pressure from possible import duty reductions in the upcoming budget.
Gold and silver reached record highs on Tuesday with MCX gold at ₹1,46,328 per 10 grams and silver at ₹3,19,949 per kg. Market experts maintain bullish outlook with gold targeting ₹1,48,000-₹1,50,000 and silver eyeing ₹3,20,000-₹3,25,000. HDFC Securities recommends four ETFs for long-term investment with up to 10% portfolio allocation, though warns of potential short-term pressure from possible import duty reductions in the upcoming budget.
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