To meet redemption requests, the overnight schemes don’t have to make any sale transaction before market hours. Instead, these schemes, based on redemption requests, may decide not to reinvest the maturity proceeds to be received on T+1 settlement date.
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