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<h1>Valuation of physical gold and silver: mutual funds to use polled spot prices from recognized exchanges for domestic pricing.</h1> Mutual funds shall value physical Gold and Silver by using the polled spot prices published by the recognized stock exchanges used for settlement of physically delivered Gold and Silver derivatives contracts, subject to the investment valuation norms specified in the Seventh Schedule and compliance with spot polling guidelines; AMFI in consultation with the regulator shall prescribe a uniform policy to implement this valuation mechanism.