So, there is ample opportunity for RBI to intervene and RBI has to keep intervening because at least after the Trump administration comes in, the volatility in the currency can increase in case Donald Trump presses ahead with his America first policy, which can be ultra protectionist.
Fragile US-Iran talks: Gold rises to Rs 1.53 lakh; silver jumps nearly Rs 10,000. What’s next?
Gold and silver prices surged in India, tracking global trends, weaker dollar, and US-Iran dialogue hopes. Gold rose 1% while silver jumped 4%, amid thin