There are plenty of reasons to prefer a gold or silver fund over bullion. You can hold it inside a registered account such as a Tax-Free Savings Account (TFSA). You can buy and sell it through your brokerage with a tight bid-ask spread, often narrower than what you would get from a precious metals dealer. And you do not have …
Continue ReadingCommerzbank’s Thu Lan Nguyen explains that Base Metals have risen on renewed US tariff uncertainty and a weaker Dollar. She highlights the risk that Washington could extend sectoral tariffs on steel, aluminium and copper, prompting US firms to front-load copper imports and tighten LME supply, even as earlier plans to roll back some metal tariffs argue against broad expansion. Sectoral …
Continue ReadingAMFI in consultation with SEBI will prescribe a uniform policy and the new valuation norms will come into effect from April 1. Capital market regulator has directed mutual funds to value their physical gold and silver using the polled prices, which are used for settling derivatives contracts of recognised stock exchanges. AMFI in consultation with SEBI will prescribe a uniform …
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