Growth in core sector activity slows to 2% in July as fossil fuels drag but steel & cement rise
Within the Index, the coal sector saw the largest contraction, of 12.3%, in July 2025….
Gold prices were largely steady in thin trading on Friday, but were headed for a weekly decline, pressured by higher oil prices that have stoked inflation concerns and reinforced expectations of higher-for-longer interest rates. Spot gold eased 0.1 per cent to $4,614.98 per ounce as of 0436 GMT, and was on track for a weekly…
A portion of gold continues to be held with the Bank of England and the Bank for International Settlements. | Photo Credit: FRANCIS KOKOROKO The Reserve Bank has moved another 104.23 metric tonnes of its gold holdings domestically in the six months ended March 2026. The central bank’s overall gold holding moved up marginally to…
Gold prices rebounded sharply in the national capital on Thursday, rising by ₹2,000 to ₹1,54,800 per 10 grams of 99.9% purity, driven by firm global cues and a weaker US dollar. | Photo Credit: Reuters Gold prices rebounded by Rs 2,000 to Rs 1.54 lakh per 10 grams in the national capital on Thursday, tracking…
Silver prices surged by ₹7,100 to ₹2.40 lakh per kg in futures trade on Thursday amid firm trends in the international markets after the US Federal Reserve kept its benchmark interest rates unchanged. On the Multi Commodity Exchange, the May contract of the metal soared by ₹7,100, or 3.04 per cent, to ₹2,40,300 per kilogram…
In the international markets, Comex gold futures for the June contract rose $72.41, or 1.59%, to $4,633.91 per ounce in New York. Gold prices jumped by ₹1,791 to ₹1.50 lakh per 10 grams in futures trade on Thursday, tracking firm global trends after the US Federal Reserve kept interest rates unchanged amid persistent geopolitical uncertainty…
Gold prices rebounded on Thursday from a one-month low hit the day before, though gains were capped as elevated oil prices kept fears alive of inflation and higher-for-longer interest rates. Spot gold was up 0.7 per cent at $4,573.09 per ounce, as of 0229 GMT, after falling to its lowest level since March 31 in…
Overall, gold demand in India rose 10 per cent to 151 tonnes in Q1 2026, while in value terms it nearly doubled to a record ₹2.27 lakh crore, reflecting the impact of elevated prices. | Photo Credit: ARKO DATTA Investment demand for gold in India overtook jewellery consumption for the first time ever in the…
Dhan, one of the leading broking firms, has launched an app ‘Gold Vault’ which allows retail investors to buy gold and silver in different denominations as traded on MCX (starting from 1 gram) at the market discovered price. Instead of paying a fraction for open position in derivatives trading on MCX, investors can pay the…
Global gold demand rose a modest 2 per cent year-on-year to 1,231 tonnes in the January-March quarter, driven by a sharp 42 per cent surge in bar and coin investment to 474 tonnes amid geopolitical tensions and higher prices, according to the World Gold Council report released on Wednesday. The WGC’s Q1 2026 Gold Demand…
Dholakia Lab Grown Diamond Pvt Ltd has raised over Rs 800 crore in a funding round led by Abakkus Asset Manager and ICICI Venture. Dholakia Lab Grown Diamond, the jewellery arm of Surat-based Hari Krishna Group, on Wednesday said it has raised more than Rs 800 crore in a funding round led by Abakkus PE…