#AxiomMisconductInvestigation BULLISH MOVE 🚀 India Now Allows the Country’s $384B Equity Funds to Add Gold $XAU & Silver $XAG to their Portfolios.
Securities and Exchange Board of India (SEBI) has announced a major overhaul of mutual fund regulations, including provisions that allow actively managed equity mutual funds to allocate a larger portion of their portfolios to gold and silver instruments, upto 35% of portfolio.
BUY GOLD HERE 👇
XAUUSDT
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5,181.94
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Even though this move is bullish development for Gold/Silver exposure and overall mutual fund flexibility in India, it's neutral to slightly negative for crypto.
It indeed calls for diversification in precious metals, I have been preaching about balance investments across different sectors.
SILVER HERE 👇
XAGUSDT
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