scorecardresearchGold's gains remain capped amid uncertainty; experts say what investors should do

Gold's gains remain capped amid uncertainty; experts say what investors should do

Updated: 23 May 2022, 09:20 AM IST
TL;DR.
  • The prospects of an aggressive rate hike by the US Fed and inflation are the main reason behind gold's capped gains. 
A stronger dollar also makes gold costlier in other currencies which also weighs on demand to some extent.

A stronger dollar also makes gold costlier in other currencies which also weighs on demand to some extent.