Market regulator may be looking at ways to increase retail participation in agri derivatives freepressjournal.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freepressjournal.in Daily Mail and Mail on Sunday newspapers.
Gold Price Today: After hitting its lifetime high of Rs 56,191 per 10 gm at MCX during the COVID-19 pandemic, gold price has slide to the tune of around Rs 12,500 per 10 gm till date. As per the Zee Business exclusive report, gold price at MCX may further feel the heat of higher US treasury yield and COVID-19 vaccine success in various countries. During a discussion aon Zee Business TV over the falling gold price, panel members said that for people, sell on rise is the ideal strategy as yellow metal price is expected to continue to fall for next two to three months.
JKGA president meets Gymnasts, Coaches
JKGA president meets Gymnasts, Coaches
Excelsior Sports Correspondent
JAMMU, Feb 21: President Kiran Wattal and secretary, Ravinder Singh of J&K Gymnastics Association (JKGA) interacted with the Gymnasts and coaches at New Gymnastics Hall MA Stadium, here today and assured them to provide best facilities.
They also distributed meritorious certificates to the young gymnasts who participated in the last edition of Sub Juniors National Gymnastics Championships for Boys & Girls at Jodhpur.
Kiran Wattal also handed over the International Gymnasts License to J&K National medallists namely State Awardees Bavleen Kaur, Sneha Dewan, Vandhana Bharathi and Stuti Gupta and said that the Gymnasts have the potential to represent the country in the forthcoming international competitions.
Synopsis
Dealers believe increased demand for physical gold, ETF buying and exports will lend some support to prices in coming months.
Agencies
The demand for physical gold has already surpassed pre-Covid levels but the tax cut has not led to any instant demand in the physical market.
NEW DELHI: A 250 basis point tax cut and improving economic conditions have put pressure on gold prices, in both the physical and futures market, as the yellow metal is trading down nearly 5 per cent from its pre-Budget price.
Some analysts believe the precious metal may lose some more as rising yields and better than expected success in vaccination drive will lead money out of the non-yielding bullion. However, low level buying and wedding demand may provide some support.