Rupak De, senior research analyst at IIFL says that gold investments will help beat inflation, but aggressive buying should be avoided even as gold pr
The platform would assist the company to automate its order and inventory management across its own site as well as on multiple online marketplaces
Analysts believe the lower prices of gold and silver in physical markets is expected to push demand further.
The precious metal had in the previous trade closed at Rs 43,961 per 10 gram
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The precious metal had closed at Rs 44,236 per 10 grams in the previous trading session
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