Gold has overtaken the euro to become the world's second-biggest reserve asset as central banks continue to buy amid global uncertainty
The price of 22-carat gold also climbed ₹10, with ten grams of the yellow metal selling at ₹92,350
The price of 22-carat gold also climbed ₹10, with ten grams of the yellow metal selling at ₹92,660
The government has imposed import curbs on certain colloidal precious metals, with an aim to check the illegal inflow of gold into India in liquid form. Colloidal precious metals are suspensions of gold or silver nanoparticles dispersed in a liquid. According to industry experts, some importers were using this route for imports from countries like Thailand. "The import policy of items covered under CTH 2843 is revised from free to restricted with immediate effect," the directorate general of foreign trade said in a notification. Goods under this number include colloidal precious metals; inorganic or organic compounds of precious metals. In a separate notification, the Directorate said that the import of Palladium, Rhodium and Iridium alloy consisting of gold more than one per cent by weight is restricted. Gold imports in April-May this fiscal year dipped by 3.82 per cent to USD 5.64 billion.
The price of 22-carat gold also fell ₹10, with ten grams of the yellow metal selling at ₹92,510
Crisil says core inflation rose due to global volatility, driven largely by gold prices, while headline inflation fell to a 75-month low of 2.8% in May amid easing food prices
Central banks worldwide have added over 1,000 tonnes of gold annually for the third consecutive year, according to the 2025 Central Bank Gold Reserves (CBGR) survey.
The price of 22-carat gold also fell ₹10, with ten grams of the yellow metal selling at ₹93,040
The price of 22-carat gold also fell ₹10, with ten grams of the yellow metal selling at ₹93,190
Manappuram Finance stock hit all time high and Muthoot Finance stock gained after gold prices crossed ₹1,00,000
The International Finance Corporation and the World Bank have approved a concessional loan of USD 700 million for a major mining and resource development initiative in Pakistan, according to a media report. The Reko Diq project is located in Balochistan province, which is known as a mineral-rich region of the country. This approval by lenders is a significant victory for Pakistan, The Express Tribune newspaper reported. As a result of this approval, the private sector is expected to invest USD 2.5 billion in the Reko Diq project, one of Pakistan's most important initiatives, the report said. With the approval, Pakistan has taken a crucial step forward in securing the success of the Reko Diq project, which is expected to play a pivotal role in the country's resource development sector. Barrick Gold and the federal and Balochistan governments own the project jointly. The financing for phase one of the project, which is expected to start production in 2028, is being discussed with ..
The price of 22-carat gold also fell ₹10, with ten grams of the yellow metal selling at ₹91,010
Traders use the ratio of the price of gold to silver as a thumb-rule to judge relative valuations of the two precious metals
The price of 22-carat gold also fell ₹10, with ten grams of the yellow metal selling at ₹90,210
Dip buying in gold is advisable as the key US macroeconomic reports have not been so encouraging
The price of 22-carat gold also fell ₹10, with ten grams of the yellow metal selling at ₹89,440
The price of 22-carat gold also fell ₹10, with ten grams of the yellow metal selling at ₹89,540
Sitharaman added that SPMCIL also refines silver and gold received from institutions such as the Tirumala Tirupati Devasthanams and the Vaishno Devi Shrine Board