Gold and silver opened lower on MCX amid rising crude oil prices near $110 per barrel, fuelling inflation concerns and rate outlook uncertainty. Geopolitical tensions in the Strait of Hormuz added to volatility. Analysts expect range-bound trading with key support and resistance levels guiding near-term strategy across bullion markets.
Mutual fund SIP stoppage ratio slows to 91% in June as new SIP registrations outpace closures
The mutual fund SIP stoppage ratio eased in June, falling below 100% for the first time in months. More new SIPs were registered than those