Negative investor sentiment due to a rapid rise in global interest rates, a strong US dollar, and higher bond yields eased the glitter of gold throughout this year. London spot gold prices fell for the seventh consecutive month in October, shedding more than 10 percent since January. However, prices now stabilized above $1700 an ounce, gaining more than 7 percent from its recent lows.
Sebi to review FPI rules, align with global norms
The Securities and Exchange Board of India is set to release a consultation paper aimed at refining compliance requirements for foreign portfolio investors. Chairman Tuhin