Gold prices experienced a decline of Rs 2,754/10 grams on MCX over the past week, influenced by US-China trade negotiation optimism and a strengthening dollar. Despite initial gains, gold and silver futures settled mixed amid profit-taking and dollar index rebound. Experts anticipate continued volatility, suggesting potential support and resistance levels for both gold and silver on MCX.
Gold loan NPAs may rise as NBFCs shift to monthly installments, ICRA projects market growth
Gold loan NPAs may increase as lenders shift to monthly installments. The overall gold loan market is projected to grow over thirty percent. This expansion