The price of 22-carat gold also increased by ₹10, with ten grams of the yellow metal selling at ₹92,860
The government now allows 9 carat gold to be officially hallmarked from July 2025, making jewellery more affordable and regulated as prices near ₹1 lakh per 10g
The price of 22-carat gold also decreased by ₹10, with ten grams of the yellow metal selling at ₹91,690
The price of 22-carat gold also increased by ₹10, with ten grams of the yellow metal selling at ₹91,110
The dollar is down 0.4 per cent for the day, but is headed for a second straight weekly rise. A stronger dollar tends to make gold expensive for buyers holding other currencies
The price of 22-carat gold also increased by ₹10, with ten grams of the yellow metal selling at ₹91,060
Kannada film actress Ranya Rao has been sentenced to one year of imprisonment under the stringent COFEPOSA, in connection with a gold smuggling case. The Advisory Board handling the Conservation of Foreign Exchange and Prevention of Smuggling Activities Act (COFEPOSA) matter recently ruled that Rao will not be granted bail during the entire term of her detention. Rao was earlier granted default bail on May 20 by a city court, along with her co-accused Tarun Raju, after the Directorate of Revenue Intelligence (DRI) failed to file a chargesheet within the legally mandated timeframe. Despite the bail being granted on a Rs 2 lakh bond and surety conditions, both Ranya and Tarun continued to remain in custody due to the preventive detention order under COFEPOSA, which permits detention for up to one year even without formal charges, based on suspicion of smuggling activities. In March, Ranya Rao arrived at from Dubai and attempted to pass through the Kempegowda International Airport's .
The price of 22-carat gold also increased by ₹10, with ten grams of the yellow metal selling at ₹90,990
In their bear-case scenario, WGC sees gold prices dip 12 - 17 per cent in H2-CY25 finishing 2025 with positive but low double-digit (or even single-digit) return
Domestic prices hit an all-time high of 101,078 rupees per 10 grams in June. Gold prices have risen 27 per cent so far this year after rising 21 per cent in 2024
In a year where equity markets remain volatile, central banks are tiptoeing around rate cuts, and trade wars show no signs of de-escalating, gold offers both protection and potential.
The price of 22-carat gold also increased by ₹10, with ten grams of the yellow metal selling at ₹91,440
The price of 22-carat gold also increased by ₹10, with ten grams of the yellow metal selling at ₹91,560
Gold rose to a three-week high, boosted by safe-haven demand after US President Donald Trump threatened tariffs on the European Union and Mexico
The price of 22-carat gold also increased by ₹10, with ten grams of the yellow metal selling at ₹91,390
Gold prices are likely to trade firm in the coming week supported by global risk aversion, persistent weakness in the US dollar index, and a flurry of trade-related developments, analysts said. Investors will closely monitor the release of US Consumer Price Inflation (CPI) and retail sale data, which could in turn provide more direction for the bullion prices, they added. Jateen Trivedi, VP Research Analyst, Commodity and Currency at LKP Securities, said gold is expected to trade strong in the coming week as long as it sustains above Rs 97,000 per 10 grams on the MCX. "Renewed trade tariff jitters and continued weakness in the dollar index are amplifying global risk aversion, prompting a shift away from risky assets toward safe-haven instruments like bullion," Trivedi noted, adding that a weak rupee could further aid upside momentum in the gold prices. Last week, the yellow metal futures for August delivery climbed Rs 842, or 0.86 per cent, on the Multi Commodity Exchange ...
"The likely path for gold is upward, but it's contingent on US rate action and dollar weakness," Emkay Wealth notes.
Gold is likely to range-trade unless and until major breakthroughs in trade deals happen, or tariff tensions are ratcheted up further
The price of 22-carat gold also increased by ₹10, with ten grams of the yellow metal selling at ₹90,210
The price of 22-carat gold also increased by ₹10, with ten grams of the yellow metal selling at ₹89,990