The National Stock Exchange has launched Electronic Gold Receipts (EGRs), allowing investors to own gold electronically, backed by physical gold in SEBI-regulated vaults. This move aims to enhance transparency, security, and accessibility in India’s gold market, addressing traditional concerns like purity and storage.
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