Currently, gold prices on the MCX hover in a tight range of around ₹1,50,000 to ₹158,000. And silver MCX futures are trading near the ₹2,35,000 – Rs2,70,000 zone.
With Indian firms already diversifying into high-growth markets like the EU, US and UK, Pranab Uniyal doesn’t anticipate a long-term structural threat to India’s textile sector.
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