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SEBI aligns gold ETF NAVs with domestic spot market, effective April 1, 2026
The move marks a departure from the long-standing practice of referencing the London Bullion Market Association (LBMA) AM fixing prices, which are currently adjusted for currency conversion, customs duties, transportation costs and local taxes to arrive at a domestic valuation.
The move marks a departure from the long-standing practice of referencing the London Bullion Market Association (LBMA) AM fixing prices, which are currently adjusted for currency conversion, customs duties, transportation costs and local taxes to arrive at a domestic valuation.
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