The SIT probing the loss of gold from Sabarimala on Tuesday filed its first report in the Kerala High Court in a sealed cover, sources said. The report was submitted before a bench of Justices Raja Vijayaraghavan and KV Jayakumar in in-camera proceedings, in the absence of lawyers, court sources added. Police officials said the report will detail the current status of the Special Investigation Team's probe into the gold loss. The High Court, while assigning the case to the SIT, had directed the team to file a progress report within two weeks and set a six-week deadline to complete the investigation. The SIT was constituted after a court-initiated plea revealed the loss of the gold. The plea arose when the bench was informed that the gold-plated copper claddings of the Dwarapalaka (guardian deity) idols in Sabarimala had been removed for repair and renovation without notifying the court. Subsequently, a vigilance report highlighted lapses by Devaswom officials in connection with t
Set up a monthly SIP (systematic investment plan) into a gold fund.
The price of 22-carat gold also decreased by ₹10, with ten grams of the yellow metal selling at ₹1,19,790
Gold and silver sales alone are estimated at ₹60,000 crore; strong demand for Indian-made products boosts festive spending
Spot gold was up 0.3% at $4,259.84 per ounce, as of 0951 GMT. U.S. gold futures for December delivery climbed 1.5% to $4,275 per ounce
Record highs fuel investor appetite; ETFs see unprecedented inflows, jewellery sales hold up despite affordability pressure.
The price of 22-carat gold also decreased by ₹10, with ten grams of the yellow metal selling at ₹1,19,940
Gold prices are expected to witness some consolidation and mild correction next week as the recent record-breaking rally looks overstretched and physical demand eases after the festive rush, analysts said. After hitting fresh highs in global and domestic markets, bullion may trade in a narrow range, with investors eyeing the US funding bill, key global data releases, and remarks from Federal Reserve officials ahead of the October 28-29 policy meeting, they added. "Gold prices are likely to see some corrections/ consolidation as ongoing fundamentals are already priced in and physical demand wanes post mid-week," Pranav Mer, Vice President, EBG - Commodity & Currency Research, JM Financial Services Ltd, said. He added that traders will monitor key global indicators, including Chinese data, UK inflation, provisional data on PMI from across regions, US consumer confidence and the Fed's commentary ahead of the October 28-29 meeting. Mer added that gold ended last week on a positive ...
The price of 22-carat gold increased by ₹10, with ten grams of the yellow metal selling at ₹1,21,710
As gold prices peak, Indian households still spend big on Dhanteras, showing how faith and finance continue to shape the country's festive buying patterns
Bulk of gold investment for investment purpose should be through ETFs; limit jewellery purchase to personal use
The Kerala High Court-appointed SIT has arrested Unnikrishnan Potti, the key accused in the high-profile Sabarimala gold misappropriation case. What's the case about?
"Gold rally likely sustained through 1H'26 by geopolitical risks, economic policy uncertainty and rising public debt," the bank said in a note
Spot gold rose 0.2% to $4,335.87 per ounce, as of 0929 GMT, after scaling another record high of $4,378.69 earlier. U.S. gold futures for December delivery jumped 1% to $4,348.90
As gold is in an unchartered territory, it is difficult to forecast prices; however, a breach of $4,300 level will open a way to $4,500 (MCX December contract ₹1,36,000) a - a psychological resistance
The price of 22-carat gold also fell by ₹10, with ten grams of the yellow metal selling at ₹1,18,640
Gold Poised for More Gains - Accumulate Between ₹1.05-1.15 Lakh, Says Axis Dhanteras Report
Spot gold was up 1.4% at $4,264.63 per ounce as of 11:06 a.m. ET (1506 GMT) after bullion touched a record high of $4,270.59 earlier
In the international markets, spot gold rose nearly 1% to hit an all-time high of $ 4,246.08 per ounce
Just as domestic investors aren't married to one stock forever, foreign investors too assess all markets and make tactical shifts, says Ambani