Short-term borrowing costs for Indian lenders are expected to decrease next month due to the central bank’s liquidity infusion measures. These initiatives aim to lower rates for instruments like certificates of deposit (CD) and commercial paper (CP), potentially leading to reduced lending rates sooner than previously anticipated.
Silver hits $60 per ounce for first time, gold rises ahead of Fed rate decision
Gold prices edged higher as traders anticipated the U.S. Federal Reserve’s interest rate decision. Meanwhile, silver surged to an all-time high of over $60 per