MCX has updated its norms to include BIS-certified bullion and more local refiners. This move aims to increase domestic gold and silver supplies significantly. It will particularly benefit silver, following recent import curbs and duty hikes. Approved refiners can now process recycled gold directly from the market. This creates a new ecosystem for monetizing household gold holdings.
MCX has updated its norms to include BIS-certified bullion and more local refiners. This move aims to increase domestic gold and silver supplies significantly. It will particularly benefit silver, following recent import curbs and duty hikes. Approved refiners can now process recycled gold directly from the market. This creates a new ecosystem for monetizing household gold holdings.
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