ETMarkets Smart Talk: Gold and Silver: Tarun Birani on their appeal amid economic uncertainty
central banks' continued demand for gold,” says Tarun Birani Founder and CEO TBNG Capital Advisors.
In an interview with ETMarkets, Birani said: “Silver holds a unique position due to its dual role as a precious and industrial metal. Its demand is bolstered by applications in solar energy, electronics, and battery production” Edited excerpts:
Thanks for taking the time out. After a turbulent October we are witnessing a volatile November. What is your take on markets?
The Indian stock market has encountered substantial volatility in recent months, driven by a mix of global and domestic influences.
October 2024 saw foreign investors pull out over $10 billion from Indian equities, marking the highest outflow since the onset of the COVID-19 pandemic.
This trend highlights growing apprehensions about a potential end to India's extended bull market amid signs of economic slowdown.
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