investcorpus.in > Latest News > Business News > Personal Finance > Gold Investment Alert: Motilal Oswal Sets ₹1.06 Lakh Target with ‘Buy on Dips’ Strategy
Gold Investment Alert: Motilal Oswal Sets ₹1.06 Lakh Target with ‘Buy on Dips’ Strategy
Motilal Oswal Financial Services recommends a “Buy on Dips” strategy for gold, setting a long-term target price of ₹1.06 lakh. With gold prices recently hitting record highs of ₹1 lakh before a sharp correction, the current levels present an opportunity for investors to accumulate. Analysts highlight key support zones around ₹90,000-91,000 and resistance near ₹99,000, offering a roadmap for strategic investments. Gold’s appeal as a safe-haven asset remains strong amidst geopolitical tensions, inflation concerns, and market volatility. Stay informed on how these factors shape gold’s trajectory and explore the potential for long-term gains in your portfolio.
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