Gold April futures experienced profit booking on Monday after reaching a new high of Rs 88,310 per 10 grams last week. Manoj Kumar Jain of Prithvifinmart Commodity Research suggests volatility in bullion prices amid US trade war and FED policy meetings. Silver May futures also remained above Rs 1 lakh per kilogram, despite some profit-taking.
Indian Bank raises deposit rates by 15 basis points
Indian Bank managing director Binod Kumar had said earlier that the bank does not have surplus liquidity as it shed Rs 10,000 crore of bulk