The NSE will launch trading in Electronic Gold Receipts (EGRs) from May 18, aiming to transform gold investing in India. The exchange said EGRs will make gold trading more transparent, secure and accessible through improved technology and liquidity. NSE believes the move could integrate gold into mainstream capital markets, boost financial inclusion and reduce dependence on fragmented pricing in the physical gold market.
Fed’s Jefferson urges patience on rates; Kashkari sees more hikes ahead
Federal Reserve Vice Chair Philip Jefferson stated that he sees no immediate need for further interest rate adjustments. He emphasized that future decisions would depend