Investors are rushing to buy Sovereign Gold Bonds in the secondary market. They are paying prices much higher than gold’s current value. This buying spree is driven by perceived benefits like annual interest and tax-free gains. However, these investors face potential losses if gold prices decline. The limited supply of these bonds is also contributing to the price surge.
IndiGo, SpiceJet shares rally up to 4% as crude oil prices fall below pre-war levels after 46% crash
Aviation stocks, including IndiGo and SpiceJet gained after crude oil prices declined sharply as supply concerns eased following progress in the Iran conflict. Lower fuel