The portfolio will give exposure to asset classes like domestic largecap, midcap, corporate bonds, G-Sec, Gold, US Nasdaq
Gold prices have declined by over ₹12,000 per 10 gram from its highs of Rs 56,200 in August 2020
The enabling framework will help generate interest in trading and hedging activities, and serve as a precursor to International Bullion Exchange(IBE),
On MCX, gold futures fell 0.4% to a 10-month low of Rs 44,768 per 10 gram, while silver slid 0.8% to Rs 67,473 per kg
The precious metal had closed at Rs 44,976 per 10 grams in the previous trading session
Experts believe increase in the pace of the vaccinations and the additional fiscal stimulus expected in the US may continue to weigh on gold prices
The precious metal had closed at Rs 45,439 per 10 grams in the previous close
Gold resumed its selling spree today amid firm US dollar and lack of buying. COMEX Gold futures recovered yesterday amid good bargain buying as trader
Gold and silver prices are expected to slip further on the back of rise in US dollar, feel experts
Gold prices may correct further as rising bond yields and positive outlook on economic growth seems to have faded the demand for gold, say experts