Organised gold recycling can curb imports, boost economic stability: Muthoot Exim CEO
India’s gold demand is expected to remain strong due to its deep cultural and financial…
Gold prices edged higher on Tuesday from a five-week low hit in the previous session, although gains were limited as elevated crude oil prices kept inflation fears alive and clouded the US interest rate outlook. Spot gold rose 0.3 per cent to $4,533.40 per ounce by 0417 GMT, after a more than 2 per cent…
National Stock Exchange of India (NSE) announced the launch of Electronic Gold Receipts (EGRs), a new segment aimed at bringing greater transparency, efficiency and formalisation to India’s gold market, according to an official statement. The NSE stated that the launch, effective from May 4, 2026, is expected to bridge the gap between physical gold and…
Gold prices fell by nearly 1 per cent to ₹1.50 lakh per 10 grams in futures trade on Monday, tracking weak global trends amid a firm US dollar and elevated crude oil rates. On the Multi Commodity Exchange (MCX), the yellow metal for June delivery declined ₹1,149, or 0.76 per cent, to ₹1,50,203 per 10…
Gold prices continued their downward trend on Monday, hovering near one-month lows as a stronger US dollar and elevated crude oil prices weighed on sentiment, even as geopolitical uncertainty surrounding the Strait of Hormuz prevented a sharper selloff. MCX Gold is currently trading near ₹1,51,000 per 10 grams, pulling back from a recent multi-week high…
Precious metal prices are expected to witness mixed movement next week as investors track developments in the US-Iran conflict, string of global economic data releases, and domestic political cues, analysts said. Traders will closely monitor PMI readings from major economies early in the week, followed by US labour market indicators and non-farm payroll data later…
Even weddings and festive occasions, traditionally strong triggers, are seeing more tactical behaviour. | Photo Credit: ALLEN EGENUSE J India’s jewellery buyers are beginning to look less like impulse shoppers and more like market watchers. In an era where window shopping has gone digital, consumers are browsing far more than they are buying, tracking gold…
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…