As geopolitical tensions continue to reshape the global economic order, India finds itself at a crucial juncture in re-evaluating its strategic resources, particularly its bullion policies. With its historical dependence on gold imports and a deeply entrenched cultural affinity for the yellow metal, India must consider the lessons emerging from its long-standing tensions with Pakistan…
FILE PHOTO: FILE PHOTO: Gold bangles are displayed at a jewellery store in Mumbai, India, March 20, 2025. REUTERS/Francis Mascarenhas/File Photo/File Photo | Photo Credit: FRANCIS MASCARENHAS Gold prices in India saw a decrease today across all cities. The price for 8 grams of 24-carat gold also dropped in all cities compared to yesterday. Below…
Keyur Shah, CEO of Muthoot Exim Private Limited Muthoot Exim Private Ltd has tasted success buying back old gold from customers and recycling it. Its Gold Point retail outlet, which buys back gold, has expanded to 50 centres currently. “We bring it (old gold) to Mumbai and send it to refineries where it is refined…
Gold prices soared to a new high in the Indian domestic market on Friday, both in spot and futures, as investors sought safe haven amidst escalating geopolitical tensions, particularly due to Israel-Iran standoff. In the domestic spot market, gold prices rallied by ₹1,603 per 10 grams or two per cent on Friday to Rs 99,058….
Gold prices rose to a near two-month high on Friday, driven by safe-haven demand as geopolitical tensions escalated in the Middle East following Israel’s widescale strikes on Iran. Spot gold was up 1 per cent at $3,417.59 an ounce, as of 0803 GMT, after hitting its highest point since April 22 earlier in the session….
Today’s Gold Rate in India, June 13, 2025 | Photo Credit: FRANCIS MASCARENHAS Gold prices in India saw an increase today across all cities. The price for 8 grams of 24-carat gold also rose in all cities compared to yesterday. Below is a detailed breakdown of gold prices in key cities. Gold rates in India:…
Gold prices rose on Monday, nearing a two-month high as investors sought refuge in safe-haven assets after intensified clashes between Israel and Iran stoked fears of a broader regional conflict. FUNDAMENTALS Spot gold gained 0.4 per cent to $3,447.07 an ounce, as of 0021 GMT, after hitting its highest level since April 22 earlier in…
Gold pushed higher in early Asia trading after US President Donald Trump called for the immediate evacuation of Tehran, boosting demand for havens as investors track hostilities between Israel and Iran. Bullion rose as much as 0.4 per cent to top $3,400 an ounce, following a 1.4 per cent slide on Monday, which was the…
According to WGC’s 2025 Central Bank Gold Reserves Survey, gold sentiment within the central banking community remains positive. Central banks across the world are upbeat about gold prospects for the next 12 months. A survey conducted by the World Gold Council (WGC) showed that most of the banks expect gold reserves to increase over the…
Gold prices flat across India | Photo Credit: NAGARA GOPAL Gold prices in India were flat across all cities, except Mumbai. The price for 8 grams of 24-carat gold were also flat in all cities compared to yesterday. Below is a detailed breakdown of gold prices in key cities. Gold rates in India: The gold…
