The price of 22-carat gold also decreased by ₹10, with ten grams of the yellow metal selling at ₹92,890
The price of 22-carat gold also decreased by ₹10, with ten grams of the yellow metal selling at ₹91,490
The price of 22-carat gold also decreased by ₹10, with ten grams of the yellow metal selling at ₹91,500
Considering the US GDP data, weekly job report, hot PCE report and calm in the wider markets despite tariffs, gold is susceptible to further decline in the near-term, says Praveen Singh of Mirae Asset
Global gold demand increased 3 per cent year-on-year to 1,249 tonnes during the April-June quarter of the current year, amid a high price environment, World Gold Council (WGC) said in a report on Thursday. Strong gold investment flows largely fuelled quarterly growth, as an increasingly unpredictable geopolitical environment and price momentum sustained demand, according to WGC's Q2 2025 Gold Demand Trends report. "Gold ETF investment remained a key driver of total demand, with inflows of 170 tonnes over the quarter, compared with small outflows in Q2 2024. "Asian-listed funds were major contributors at 70 tonnes, keeping pace with US flows. Combined with record inflows in the first quarter, global gold ETF demand reached 397 tonnes, the highest first-half total since 2020," the report added. Meanwhile, the total bar and coin investment also increased 11 per cent year-on-year, adding 307 tonnes. Chinese investors led the way with a 44 per cent year-on-year increase to 115 tonnes,
The price of 22-carat gold also increased by ₹10, with ten grams of the yellow metal selling at ₹92,110
The price of 22-carat gold also decreased by ₹10, with ten grams of the yellow metal selling at ₹91,590
Sovereign Gold Bond 2017-18 Series II matures on July 28; investors to receive Rs 9,924 per gram along with interest. Here's how the returns stack up and what to check before redemption.
Gold prices are expected to witness further consolidation in the coming week as investors brace for a slew of events, ranging from central bank meetings, including the US Federal Open Market Committee (FOMC) meeting's outcome, to global trade negotiations, analysts said. Traders will also closely watch macroeconomic data, including Personal Consumption Expenditures (PCE) inflation numbers, employment data from the US, manufacturing PMI numbers from across regions and developments related to the August 1 trade deal deadline. August 1 marks the end of the suspension period of Trump tariffs imposed on dozens of countries, including India. Pranav Mer, Vice President, EBG - Commodity & Currency Research, JM Financial Services, said, "Gold prices may see some consolidation in the week ahead as the focus will be on the outcome of trade negotiations between the US-Euro zone and the US-China along the policy meeting of the US Federal Reserve and Bank of Japan, both of them expected to keep
The price of 22-carat gold also decreased by ₹10, with ten grams of the yellow metal selling at ₹92,090
The price of 22-carat gold also decreased by ₹10, with ten grams of the yellow metal selling at ₹92,540
The price of 22-carat gold also increased by ₹10, with ten grams of the yellow metal selling at ₹93,810
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