'Gold, Silver ETF NAV returns for all ETFs will now be closer to each other': Niranjan Avasthi on SEBI’s shift to MCX spot pricing
Under the previous system, physical gold and silver held by ETFs were valued at LBMA AM fixing prices. These international benchmarks were converted into rupee terms after factoring in currency conversion, customs duties, transportation costs, taxes and other levies.
Under the previous system, physical gold and silver held by ETFs were valued at LBMA AM fixing prices. These international benchmarks were converted into rupee terms after factoring in currency conversion, customs duties, transportation costs, taxes and other levies.
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