Precious metals, gold and silver, are trading at abnormally high premiums to international benchmarks in India as traders, both on MCX and ETFs, are trading on rumors about the possibility of a possible hike in customs duties in the upcoming Union Budget, which will be presented in Parliament on February 1.The premium spike, which exceeds […]
Kolkata: Indian investors, especially younger buyers, have increased purchases of digital gold to an estimated 12 tonnes in the January-November period this year, according to the World Gold Council (WGC), although demand slowed after the Securities and Exchange Board of India (Sebi) warned last month that the product was unregulated. WGC’s estimate is based on […]