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
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