Gold price today, July 16 -- Gold ended the first half of the year as one of the best-performing major asset classes, recording a 26 per cent gain during the period.

The surge in gold was led by couple of influential factors - A weaker US dollar played a central role, making dollar-denominated assets like commodities more attractive to global investors. Simultaneously, bond yields remained rangebound as markets began pricing in the possibility of future interest rate cuts by the Federal Reserve, fueling optimism for a more accommodative monetary stance. Adding to the complexity were heightened geopolitical tensions-many of which stemmed directly or indirectly from US trade policies-contributing to global uncertainty and prompting a shift...