Corporate Compliance 30 October 2026
Gold Prices Plunge as India Boosts Worker Protections
Gold prices in India slumped sharply as the 22k per 10 gram rate fell by Rs16,900, reflecting Fed rate hikes, while current gold and silver rates across purities are listed. The government formed a National Social Security Board to shield gig and informal workers, and a sovereign gold bond scheme promises up to Rs3.76 lakh on a Rs1 lakh investment. PM‑Kisan’s 24th disbursement of Rs2,000 per farmer launched, the UK announced a minimum‑wage rise for 2027, and UPI is set for tap‑and‑pay expansion. A High Court ruled that contractual employees qualify for maternity leave, and EPFO is drafting guidelines to invest in startups and AIFs.
- Gold crash: 22k / 10 g price down Rs16,900 (Goodreturns).
- Current rates for gold and silver across 18k‑24k purities (ET).
- National Social Security Board created to protect gig and unorganised workers (Pragativadi).
- Sovereign Gold Bond redemption can turn Rs1 Lakh into Rs3.76 Lakh (ET).
- PM‑Kisan 24th instalment: Rs2,000 per farmer released (ET India).
- UK minimum‑wage rise set for April 2027 (Fibre2Fashion).
- UPI next wave focuses on tap‑and‑pay and merchant plug‑ins (ET Video).
- Maternity leave extended to contractual workers by High Court ruling (ET).
- EPFO drafting guidelines to invest in startups and AIFs (ET).
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