Kotak Mutual Fund has stopped new lump sum investments in its Silver ETF Fund of Fund. This is because domestic silver prices are much higher than international rates. The fund house wants to protect investors from buying silver at these inflated prices. The shortage in domestic silver supply is expected to continue until late 2025.
Will RBI announce steep rate hikes? Nomura sees up to 50 bps increase by Dec, dismisses 125 bps hike fears
Nomura expects the RBI to pursue a limited tightening cycle, with a possible 50 bps rate hike by December, as food and energy pressures rise