Budget signals shift in export policy, phases out interest subsidies
Experts say that this shift could significantly alter how exporters access state support in an…
Gold and silver prices remained in a tight consolidation range on Tuesday as investors weighed the slim prospects of a U.S.-Iran peace deal ahead of a Wednesday ceasefire deadline, while crude oil surged on renewed fears over the Strait of Hormuz blockade. Spot gold was trading around $4,794–$4,825 per ounce, pinned within its recent $4,750–$4,850…
See also: | Photo Credit: scanrail Gold prices fell on Tuesday as investors waited to see whether the U.S. and Iran would consider attending peace talks after renewed tensions over the weekend, while a marginally firmer dollar added to the pressure. Spot gold was down 0.7% at $4,784.37 per ounce, as of 0615 GMT, extending…
Gold prices were largely steady on Tuesday after dropping to a one-week low in the last session, as investors waited to see if the U.S. and Iran are meeting this week for peace talks after renewed tensions over the weekend. FUNDAMENTALS Spot gold was unchanged at $4,820.84 per ounce, as of 0101 GMT, after falling…
US gold futures for June delivery fell 1.4% to $4,811. Gold prices fell on Monday owing to a stronger US dollar and renewed inflation fears after another closure of the Strait of Hormuz pushed oil prices higher. Spot gold was down 0.8 per cent at $4,790.59 per ounce, as of 1103 GMT, after hitting its…
Silver prices on Monday fell by ₹5,175 to ₹2,51,967 per kilogram as participants reduced their bets. On the Multi Commodity Exchange, silver contracts for the May delivery declined ₹5,175, or 2.01 per cent, to ₹2,51,967 per kg in a business turnover of 1,505 lots. Analysts said a sell-off by participants mainly weighed on silver prices….
Women buy Gold Jewellery on the occasion of Akshaya Tritiya at a jewellery shop, in Patna on Sunday. | Photo Credit: ANI Despite elevated gold prices, this year’s Akshaya Tritiya witnessed robust sales across the gems and jewellery sector, reflecting resilient consumer sentiment and strong buying intent. The auspicious occasion, observed on April 19, saw…
Gold prices declined sharply as a stronger US dollar weighed on bullion, while escalating tensions between the US and Iran pushed oil prices higher and revived inflation concerns. Gold prices fell more than 1% on Monday as the dollar firmed, while uncertainty over the U.S.-Iran peace talks pushed oil prices higher and revived inflation fears….
Till recently every geopolitical scare, dollar wobble and equity-market stumble pushed gold higher, taking it to record highs of $5,417 an ounce and ₹1.75 lakh per 10 gm by end-January. The subsequent correction — about 11 per cent in dollar terms and 14 per cent in rupee terms — has not materially altered the long-term…
Gold exchanges are no longer merely a distress-driven choice; they are fast becoming the default way Indians buy jewellery. As prices remain elevated, customers are increasingly “rotating” their gold, using existing holdings as a form of currency to stay invested in the category. The shift is now visible across large organised retailers, signalling a structural…
Akshaya Tritiya 2026 is set to deliver record-value sales of precious metals even as sky-high prices reshape how India buys gold and silver, with trade expected to exceed ₹20,000 crore, according to the Confederation of All India Traders (CAIT).That marks a jump from last year’s estimated ₹16,000 crore, despite bullion rates touching unprecedented highs. “Akshaya…