Billionaire Joy Alukkas Predicts Gold Prices Will Rise Amid Global Risks

Indian billionaire Joy Alukkas, owner of nearly 16,000 kilos of gold across his global Joyalukkas stores, expects gold prices to rise over the next two to three years amid ongoing geopolitical tensions and economic uncertainties. He notes that while short-term price dips may occur, persistent global risks and strong retail demand support an upward trend. Alukkas highlights that recent Middle East conflicts temporarily boost gold's appeal as a safe haven, but broader factors like US interest rates and inflation will influence long-term movements.