As Akshaya Tritiya approaches, investors are increasingly turning to modern gold investment options such as ETFs, digital gold and derivatives alongside traditional physical buying. | Photo Credit: iStockphoto Flexible and transparent gold investment options are likely to remain popular alongside physical buying on this Akshaya Tritiya, to be celebrated on Sunday, as investors show a…
FILE PHOTO: Gold bangles are displayed at a jewellery store in Mumbai, India, March 20, 2025. REUTERS/Francis Mascarenhas/File Photo | Photo Credit: FRANCIS MASCARENHAS Every Akshaya Tritiya, India does what it has done for generations: it buys gold. Families see it as prosperity, continuity and security. That instinct is deeply cultural. But in 2026, it…
Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto The rupee appreciated by 29 paise to settle at 92.85 (provisional) against the U.S. dollar on Friday (April 17, 2026), buoyed by a weakening American currency and retreating crude oil prices amid increasing hopes of easing geopolitical tensions. Renewed buying in domestic equity markets…
FILE PHOTO: Gold bangles are displayed at a jewellery store in Mumbai, India. | Photo Credit: FRANCIS MASCARENHAS Gold prices in India saw a decrease in all key cities today, April 17, excepting in Chennai and Hyderabad. The price for 8 grams of 24-carat gold also dropped in all cities compared with the previous session….
The Indian government has permitted 15 top banks, including the State Bank of India, HDFC Bank, Bank of India and others to import gold and silver from April 1, 2026 to March 31, 2029, a government notification said on Friday. This is a developing story. Published on April 17, 2026
Global investment firm Jefferies in its latest report said that gold has entered a consolidation phase following a strong retail-driven buying surge seen late last year and early this year across key markets including India, China and the United States. The report noted that the earlier rally in gold demand, particularly from retail investors, has…
Gold demand in India was modest this week, as high domestic prices weighed on retail purchases ahead of the key Akshaya Tritiya festival weekend, while premiums in China held steady. Dealers quoted discounts of up to $4 an ounce and though some quoted premiums of $14 an ounce over official domestic prices this week helped…
From the 30-Sensex firms, ITC, Adani Ports, Maruti, Trent, Power Grid and Hindustan Unilever were among the major winners. File photo for representational purposes only. | Photo Credit: Reuters Benchmark indices Sensex and Nifty were trading in positive territory in early trade on Friday (April 17, 2026), supported by optimism around easing geopolitical tensions and…
Indian banks have halted gold and silver import orders from overseas suppliers, with tonne of the metals stuck at customs as a formal government order has not been issued authorising bullion imports, trade sources said. Without fresh imports, India could face supply shortages, as the world’s second-largest gold consumer and biggest silver buyer relies on…
At the interbank foreign exchange market, the rupee opened at 92.93 and gained further to trade at 92.86 against the greenback in early deals. File | Photo Credit: Reuters The rupee jumped 28 paise to 92.86 against the U.S. dollar in early trade on Friday (April 17, 2026) amid hopes of easing geopolitical tensions and…
