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SEBI mandates domestic pricing for gold and silver funds

SEBI today directed mutual funds to use domestic exchange spot prices for gold and silver holdings from April 2026. This replaces London market benchmarks.

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The markets regulator in India has issued a new directive requiring mutual funds to adjust how they value physical gold and silver holdings. This regulatory shift aims to align asset valuations more closely with local trading environments.

An exterior view of the headquarters of the Securities and Exchange Board of India located in Mumbai. REUTERS/Francis Mascarenhas
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