The price of 22-carat gold increased by ₹10, with ten grams of the yellow metal selling at ₹1,43,960
The price of 22-carat gold fell by ₹10, with ten grams of the yellow metal selling at ₹1,43,190
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 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
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,43,840
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,44,740
Prices declined across Comex, MCX and exchange traded funds (ETFs), with silver prices falling nearly 4 per cent and gold prices declining around 1.5 per cent
The price of 22-carat gold increased by ₹10, with ten grams of the yellow metal selling at ₹1,48,810
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
Value of gold imports rose in FY26 even as volumes fell. Apurva Sheth of Samco explains why higher gold duty may not curb demand and why fuel price hikes could better protect India's fiscal position
India is the world's second-largest gold consumer, and more than 90 per cent of its demand is met through imports
The price of 22-carat gold increased by ₹10, with ten grams of the yellow metal selling at ₹1,48,510
Gold, silver duties more than double to 15%, & 15.4% for platinum
Rebalance away from gold and silver and towards equity and debt
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
The price of 22-carat gold increased by ₹10, with ten grams of the yellow metal selling at ₹1,41,160
Experts believe the markets, which were already nervous owing to the West Asia war, may have overreacted to PM Modi's appeal for austerity measures given the sharp fall seen in the last two days.
MCX Silver opened with a slight gap up and is trading within the ₹280,000-₹282,000 zone, sustaining well above the ascending trendline as bullish momentum builds
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,39,440
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,39,640