Malabar Gold & Diamonds seeks measures to support Gold Monetisation Scheme
India imports nearly 700–800 tonnes of gold annually, resulting in significant foreign exchange outflows and…
Gold prices on Tuesday dropped by ₹1,417 to ₹1,45,500 per 10 grams in futures trade amid a fall in spot demand. On the Multi Commodity Exchange, yellow metal contracts for August delivery traded lower by ₹1,417, or 0.96 per cent, at ₹1,45,500 per 10 grams in a business turnover of 848 lots. Analysts attributed the…
Silver prices on Tuesday fell by ₹3,648 to ₹2,32,451 per kilogram in futures trade as participants reduced their bets. On the Multi Commodity Exchange, silver contracts for September delivery declined by ₹3,648, or 1.55 per cent, to ₹2,32,451 per kg in a business turnover of 1,587 lots. Analysts said a sell-off by participants mainly weighed…
Gold prices up in India | Photo Credit: K K Mustafah Gold prices in India fell today across all cities. The price for 8 grams of 24-carat gold also decreased in all cities compared to yesterday. Below is a detailed breakdown of gold prices in key cities. Gold rates in India: Gold prices in India…
Gold prices retreated from two-week highs on Monday, pressured by a firmer U.S. dollar, though losses were limited as signs of a cooling U.S. labour market eased expectations of a Federal Reserve rate hike. Spot gold was down 0.3% at $4,163.64 per ounce by 2:45 p.m ET (1845 GMT) after hitting its highest since June…
Can an investment fund allow investors to walk away with physical gold bars? In GIFT City, that idea has moved from concept to structure. A new gold fund set up within the IFSC ecosystem is built around Bullion Depository Receipts (BDRs), which represent actual gold stored in regulated vaults. Unlike a traditional gold ETF that…
Gold loans accounted for 31% of total securitisation volumes, driven by strong portfolio growth among NBFCs and robust investor demand. | Photo Credit: SHAILESH ANDRADE Gold loans emerged as the largest securitised asset class in the April-June quarter of the current fiscal, overtaking vehicle loans in the country’s securitisation market, a report said on Monday….
Gold prices slipped ₹150 to ₹1,50,650 per 10 grams in the national capital on Monday, and silver dropped ₹5,000, as a sluggish global trend and a firm US dollar prompted traders to trim positions in precious metals. The precious metal of 99.9 per cent purity had closed at ₹1,50,800 per 10 grams in the preceding…
Bullion gained more than 2% last week, snapping a four-week losing streak, after softer-than-expected US payrolls data eased worries about persistent inflation and higher interest rates. Gold retreated after touching its highest level in two weeks on Monday as the US dollar edged up from recent lows, though easing bets on Federal Reserve interest rate…
Repeated challenges to the Fed’s independence by the Trump administration helped supercharge bullion’s rally through the latter months of 2025. Gold steadied after posting its first weekly advance since May, supported by reduced expectations that the US Federal Reserve will hike interest rates. Bullion was near $4,190 an ounce, having gained more than 2 per…
Domestic gold prices in the last month fell 6 per cent to ₹146,344 per 10g on July 3, from ₹1,55,581 on June 4. | Photo Credit: Vengadesh R Gold prices have come under pressure over the past month due to weakness in global bullion markets, while expectations of substantial dollar inflows through the RBI’s FCNR(B)…