Gold prices dipped slightly on Friday but experienced a 2.30% weekly gain due to weak US economic data affecting yields and the Dollar Index. Central banks continued purchasing gold, and poor job reports increased expectations for potential rate cuts. Geopolitical tensions also supported gold prices, indicating market volatility.
HDFC Mutual Fund restricts lumpsum subscriptions in its gold ETF and fund of fund
HDFC Mutual Fund has temporarily restricted lumpsum investments in HDFC Gold ETF and HDFC Gold ETF Fund of Fund. The move limits large subscriptions and