In draft guidelines released on April 3, the central bank proposed a uniform cap on the loan-to-value (LTV) ratio for gold loans, limiting it to 75% of the collateral's worth. For NBFCs ...

"The US government's on balance sheet liabilities exceed $36 trillion," Rule stated, adding that the "much scarier number ... by 75% in 10 years," Rule explained. "Not coincidentally, the gold ...

Spot gold was up 0.9% at $3,010.39 an ounce, as of 0500 GMT, after rising 1% earlier in the session. U.S. gold futures rose 1.2% to $3,026.90. The dollar lost ground, making greenback-priced gold ...