CRISIL Ratings has come out with its report on hedging strategies on Gold. The rating agency feels that gold retailers rated by it will maintain stable credit risk profiles on the back of prudent inventory hedging.
These hedging strategies help retailers insulate their margins from volatility in gold prices, and help reduce the impact of increased working capital requirements on the financial risk profile, especially during the expansion phase. CRISILDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
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