Commodity Talk: 2 reasons why July could be an inflection point for gold. Accumulate, says Augmont’s Renisha Chainani

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Gold's near to medium-term outlook remains constructive, supported by sticky inflation and geopolitical tensions. July could be a critical point depending on the US Fed's rate cut cycle and Trump's tariff pause. Experts suggest accumulating gold on dips around Rs 90,000–Rs 94,000, with a potential target of Rs 1,05,000+ and silver looks more attractive.