SEBI Gold and Silver Valuation: Domestic Spot Prices from April 2026
Why in the news
SEBI changed how mutual funds price physical gold and silver, replacing international benchmarks with domestic rates.
Key facts
| Aspect | Before | From 1 April 2026 |
|---|---|---|
| Source | LBMA AM fixing | Spot prices of recognised domestic exchanges, as used for settling physically delivered derivatives |
| Adjustments | Currency, transport, customs duties and taxes, premiums or discounts | None needed |
Reason
- Domestic prices are regulated and transparent, mirror Indian conditions and make valuation uniform.
Exam angle
- SEBI; effective 1 April 2026; earlier benchmark LBMA.