In the short term, a possible Fed rate hike and an import duty cut by the government could trigger a correction
The amount realised through the fifth tranche of the SGB scheme is expected to cross Rs 820 cr
The rate was fixed based on the average of closing price of gold of 999 purity for the week July 11 to 15
Trading to start next month; investors can buy bonds from brokers when the issue is announced like an IPO
Seeks to tap the demand euphoria on that day; gold demand may be good on moderate prices
These are perfect for those who used to buy gold in physical form