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The norms will also apply to loans secured by silver jewellery, silver ornaments and specified silver coins ... for gold loans, stocks of non-bank gold financiers such as Manappuram Finance ...
The RBI wants to bring uniformity and reduce risk in gold-backed lending. Here’s the logic: Jewellery and coins (especially the ones minted by banks) are more trackable, liquid, and easier to value.
Physical gold—whether in the form of jewellery, coins, or bars—has long been considered a safe-haven asset by Indian households. Its cultural appeal, use in ceremonies, and psychological ...
Gold prices hit $3,200 for the first time on Friday. Trump's tariffs and China's retaliatory action have roiled global markets. A BlackRock strategist said gold was a better hedge than Treasury ...
Ondo Finance CEO Nathan Allman says crypto-native ... or BlackRock might launch their own coins. Allman believes it comes down to what kind of stablecoin we’re talking about.
As the stablecoin sector tops a $200 billion market cap, Nathan Allman, CEO of Ondo Finance, believes we ... or BlackRock might launch their own coins. Allman believes it comes down to what ...
Gold touched a new record on Thursday as the US dollar declined — and investors focused on the escalating trade war between the US and China. Gold (GC=F) futures surged as much as 3% to touch an ...
Historically, various civilizations used gold coins for trade ... In contemporary finance, gold remains a reliable store of value, offering protection against economic uncertainties.
Shares of gold loan financing firms such as Muthoot Finance, Manappuram Finance and IIFL Finance curbed losses on Wednesday after RBI Governor Sanjay Malhotra clarified that he never said the ...
Bitcoin may not fit the traditional mold of a safe haven, but in a world of rising sovereign risk and broken financial norms, ...
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