With gold prices surging, the Union Budget is likely to provide a higher allocation to the Gold Reserve Fund in both the revised estimates (RE) for FY26 and the budget estimates (BE) for FY27. The fund is primarily used to meet redemption payouts under the Sovereign Gold Bond (SGB) scheme. A key driver of the…
Analysts cited a growing crisis of confidence in U.S. assets following erratic trade and tariff threats by President Donald Trump. Other precious metals also rallied, with silver, platinum and palladium touching fresh highs. Analysts see further upside for gold in 2026. | Photo Credit: style-photography Gold surged to a record high above $5,100 an ounce…
Analysts said erratic trade and tariff signals from the Trump administration have shaken confidence in U.S. assets, driving investors toward gold. Silver, platinum and palladium also gained sharply, with silver hitting fresh record highs. | Photo Credit: style-photography Gold surged to a record high above $5,000 an ounce on Monday, extending a historic rally as…
For decades, gold has occupied a unique position in Indian households not merely as jewellery or an investment, but as a symbol of financial security, cultural continuity, and long-term wealth preservation. India is estimated to hold nearly 25,000 tonnes of household gold, valued at over ₹126 lakh crore, making it one of the largest private…
For decades, silver lived in the shadow of gold—seen largely as a metal for jewellery, coins, and small-ticket savings. But as we move into 2026, that image is rapidly becoming outdated. Silver is no longer just a precious metal; it is increasingly a strategic metal, embedded in the functioning of the modern economy. After a…
Gold, silver and platinum zoomed to new highs, resuming their rally on Friday, as the dollar had its poorest week since May 2025, even as geopolitical crises and threats to the US Federal Reserve from the Donald Trump administration. In India, gold rose to a new high, but silver ended short of Wednesday’s high in…
Samit Guha, Managing Director and CEO, MMTC-PAMP The precious metal refining sector expects the government to address duty disparities that put domestic refiners at a disadvantage compared to imports through free trade agreements, MMTC-PAMP Managing Director and CEO Samit Guha said on Friday. “One of the expectations we’ve had as not just MMTC-PAMP, but as…
Silver prices in India have extended its upward trend today, January 23, with a notable increase across all major cities. The price of one gram silver and one kg silver have increased by ₹20 and ₹20,000, respectively compared to yesterday’s movement. This report provides a detailed, city-by-city breakdown of today’s silver prices. Market experts remain…
Gold has emerged as a clear outperformer against Indian equities amid a phase of market consolidation, according to PL Asset Management, the asset management arm of PL Capital Group. The brokerage and investment group said that while domestic macro fundamentals remain structurally strong, near-term equity performance has been restrained by global uncertainty, uneven participation and…
Gold notched another record high on Friday, while silver and platinum also extended gains to hit all-time peaks, powered by diminishing confidence in US assets on account of geopolitical tensions and economic uncertainty. Spot gold was up 0.4 per cent at $4,957.10 per ounce, as of 0536 GMT, after scaling a record $4,966.59 earlier in…
