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Updated: Jul 25, 2023
However, a few experts are going against the tide. “As US CPI data has cooled off to 3 per cent last month, this would be peak rates and the US Feb will pause for a few months,” said Prithviraj Kothari, Managing Director of RiddhiSiddhi Bullions (RSBL). “The sentiment can turn dovish if the Fed hints of doing so, which will be positive for gold,” he added.
Updated: Jul 5, 2023
Updated: Jun 22, 2023
Investors are advised to take advantage of the SGB Scheme 2023-24 subscription window, despite a fall in gold prices on MCX Gold Futures, according to analysts. The bonds are intended for long-term investment and the current dip in the price is short-term according to Prithviraj Kothari, CEO of RiddiSiddhi Bullions. The nominal value of the bond depends on the India Bullion and Jewellers Association’s average closing price for the last three working ..