The RBI`s approval to hedge gold at IFSC is a positive move Says Mr. Colin Shah,Kama Jewelry
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Below View On RBI allowing hedging of gold at IFSC by Mr. Colin Shah, Founder & MD, Kama Jewelry
The RBI’s approval to hedge gold at IFSC is a positive move and a major enabler for gold importers and exporters using yellow metal as the primary raw material for production. This will help increase the price competitiveness of the Indian jewellery industry.
It will help players hedge their positions against price fluctuations and unfavourable currency movement. This will also lead to an increase in volumes and activities at IFSC.’
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