Gold

JP Morgan lowers 2026 gold price forecast amid weak investor demand

While several banks have trimmed near-term ​forecasts due to softer investor demand and elevated rate expectations, most analysts still ‌expect prices to recover through 2026

Gold slips to over one-month low as West Asia tensions lift oil prices

Gold was pressured by rising geopolitical tensions after a drone strike caused a fire at a nuclear power plant in the United Arab Emirates, lifting crude prices and bets of interest rates

Gold dips ₹10 to ₹1,56,920; silver falls ₹100, trading at ₹2,79,900

The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,43,840

Gold price dips ₹10 to ₹1,57,900; silver price falls ₹100 to ₹2,89,900

The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,44,740

Multi-asset funds reduce gold and silver exposure as prices soar

The average gold and silver holding of multi-asset funds, which stood at 17 per cent in March 2025, was down to 13 per cent in April 2026

In a first, digital precious metals' SRO to seek formal nod from a ministry

The industry body is framing a code of conduct, audit norms. and customer protection standards while seeking formal recognition from ministries, said Chairperson Nirupama Soundararajan

India's foreign exchange reserves rise by $6.29 bn on higher gold reserves

India's foreign exchange reserves increased to $696.99 billion in the week ended May 8, led by a sharp rise in gold reserves, according to RBI data

Ground report: How Modi’s gold appeal has impacted Delhi jewellers

Prime Minister Narendra Modi’s appeal to avoid buying gold for a year has triggered anxiety across India’s jewellery industry. In Chandni Chowk’s historic bullion market

Gold price climbs ₹10 to ₹1,62,340; silver down ₹100, trading at ₹2,99,900

The price of 22-carat gold increased by ₹10, with ten grams of the yellow metal selling at ₹1,48,810

Best of BS Opinion: Time to treat gold as a structural factor in economy

Today's BS Opinion wrap looks at gold imports and forex pressures, judicial infrastructure gaps, financing the Viksit Bharat dream, coal gasification, and Japan's wartime history

Gold imports need structural solutions, not knee-jerk restrictions

India is one of the biggest consumers of gold in the world, and most of it is imported. A variety of social, cultural, economic and religious factors drive demand

India caps gold imports under Advance Authorisation scheme at 100 kg

A day after significantly increasing the import duty on precious metals, the government on Thursday imposed a limit of 100 kg on gold imports under the Advance Authorisation scheme, which allows jewellery exporters to import raw or input materials at zero duty. The government has tighetend conditons for the issuance and monitoring of advance authorisation for import of gold. Earlier, there was no limit on gold imports under the scheme. The Advance Authorisation scheme allows the duty-free import of inputs that are incorporated into an export product. In addition to any inputs, packaging material, fuel, oil, and catalyst that are consumed or utilised in the process of production of export product, are also allowed. "AA for import of gold shall be issued, subject to a maximum remissible quantity of 100 kilograms," the DGFT said in a public notice. It added that in case of application for Advance Authorisation by a first-time applicant, a mandatory physical inspection of the applicant

Gold price climbs ₹10 to ₹1,62,010; silver up ₹100, trades at ₹3,10,100

The price of 22-carat gold increased by ₹10, with ten grams of the yellow metal selling at ₹1,48,510

Govt hikes tariff on precious metals to shield foreign exchange reserves

Gold, silver duties more than double to 15%, & 15.4% for platinum

Gold loses its sheen on import duty hike, jewellery stores feel the pinch

Prime Minister Narendra Modi on Sunday appealed to Indians to reduce their gold purchases for a year in a move to encourage foreign exchange savings amid the crisis in West Asia

After run-up in precious metals, what steps should investors take?

Rebalance away from gold and silver and towards equity and debt

Can a 15% gold duty fix India's trade deficit? The math is not simple

India may need a steep fall in gold imports to ease its trade deficit, but high prices, investment demand and smuggling risks complicate the duty hike's impact

Gold imports from Dubai may increase after import duty hike: GTRI

The significant increase in the import duty on gold from 6 per cent to 15 per cent may lead to an increase in imports from Dubai through the free trade agreement route, think tank GTRI said on Wednesday. It said that the duty hike also sharply changes the economics of precious metal imports routed through the United Arab Emirates under the India-UAE Comprehensive Economic Partnership Agreement (CEPA). India had allowed imports of gold from Dubai at tariffs one percentage point below the normal Most-Favoured-Nation (MFN) rate through a Tariff Rate Quota (TRQ) system. The quota began at 120 tonnes annually in 2022 and is set to rise to 200 tonnes by 2027, nearly one-fourth of India's yearly gold imports. "With the new MFN tariff structure taking effective duties to 15 per cent, gold imported under the UAE quota would enter at 14 per cent. The widening tariff gap could encourage greater routing of global bullion through Dubai, even though the UAE is not a miner of gold or silver," the

Gold import duty hike to hurt jewellery trade, spur grey market: GJC

The gems and jewellery industry is likely to face challenging times ahead following the hike in gold import duty to 15 per cent, from 4 per cent earlier, a move that could spur the grey market, the All India Gems and Jewellery Council (GJC) said on Wednesday. "Business is now going to become difficult on the back of the Prime Minister's austerity measures and following the import duty hike in bullion. What the industry fears is that this will give rise to grey market... smuggling is likely to grow, setting up a parallel economy in the country," GJC chairman Rajesh Rokde told PTI. Explaining the duty hike, Rokde said, now the import duty that includes Customs Duty, GST and Agricultural Cess will make gold costlier by around Rs 27,000 per 10 grams from the earlier Rs 13,500/10 gm. He said the GJC has called an all-associations meeting of the industry in Mumbai on Wednesday to mull over the recent policy decisions and decide on further action. Meanwhile, jewellery retailer Senco Gold

Hindustan Zinc, Vedanta rally up to 6% on huge volumes; here's why

The government today increased the import duty on gold and silver from 6 per cent to 15 per cent; analysts see this as a positive move for Hindustan Zinc.