Gold prices saw slight gains, supported by a weaker dollar and bond yields. Investors closely watched trade talks. Silver futures also opened higher. Earlier, both metals settled weaker domestically but showed mixed performance internationally. Price volatility was high. Fed’s meeting minutes offered no surprises. Rate cut possibilities are there. US dollar index slipped.
RBI relaxes rules on current, CC and OD accounts; threshold raised to ₹10 crore
The Reserve Bank of India has relaxed norms for business accounts. Customers can now open current, cash credit, and overdraft accounts more easily. The aggregate