Gold prices likely to rise towards Rs 62,000 per gm in 2023: ICICI Direct Research

New Delhi [India], December 31 (ANI): Demand for gold in 2023 is likely to rise due to geopolitical uncertainty coupled with the looming risk of recession, according to ICICI Direct Research.

Historically, gold as an asset is considered to be safe as it typically manages to retain or appreciate its underlying value in times of turbulence.

"Gold prices are likely to rise mainly on the back of weakness in the dollar as the