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<p>[QUOTE=&quot;Clawcoins, post: 26736226, member: 77814&quot;]This roller coaster is crazy.</p><p><br /></p><p>Just read this about India disconnecting from western PM pricing.</p><p><a href="https://www.investing.com/news/commodities-news/india-regulator-shifts-gold-silver-valuation-rules-for-mutual-funds-93CH-4527063" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.investing.com/news/commodities-news/india-regulator-shifts-gold-silver-valuation-rules-for-mutual-funds-93CH-4527063" rel="nofollow">https://www.investing.com/news/commodities-news/india-regulator-shifts-gold-silver-valuation-rules-for-mutual-funds-93CH-4527063</a></p><p><br /></p><p>excerpt:</p><p>India’s Securities and Exchange Board directed mutual funds to use domestic stock exchange spot prices to value their physical <a href="https://www.investing.com/commodities/gold" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.investing.com/commodities/gold" rel="nofollow">gold</a> and <a href="https://www.investing.com/commodities/silver" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.investing.com/commodities/silver" rel="nofollow">silver</a> holdings from April 1, 2026.</p><p><br /></p><p>The regulator said on Thursday that mutual funds may now use polled spot prices from recognized stock exchanges that settle physically delivered gold and silver derivatives contracts, ensuring that valuations reflect domestic market conditions.</p><p><br /></p><p>The change moves away from the currently used London Bullion Market Association prices to arrive at the valuation of gold and silver held by exchange traded funds.[/QUOTE]</p><p><br /></p>

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