What's the story

Gold prices recently hit record highs, but have since fallen amid easing global trade tensions and hopes of an end to the US government shutdown. The precious metal fell as much as 0.8% from its peak today. Technical indicators suggest that the August rally may have peaked, while a stronger US dollar this week has made precious metals pricier for many buyers. So, where is gold headed in the near future? Let's find out.

Expert opinions

Gold may yield 3-4% returns in dollar terms: Damani

Ramesh Damani, a veteran investor and member of the Bombay Stock Exchange , said that equities have historically outperformed gold over the long term. He said, "In dollar terms, gold returns about 3-4% a year while equities return 9-10%." Damani added that while gold may suit traders

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