The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,13,990
Gold prices tanked to Rs 1,25,600 per 10 grams in the national capital on Friday amid weak trends in the international markets, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity had closed at Rs 1,32,400 per 10 grams on October 18. Gold of 99.5 per cent purity slumped to Rs 1,25,000 per 10 grams (inclusive of all taxes). It had settled at Rs 1,31,800 per 10 grams on Saturday. In the local bullion market, silver prices also tumbled to Rs 1,52,600 per kilogram (inclusive of all taxes) on Friday. It had ended at Rs 1,70,000 per kg in the previous market session. The association said that local bullion markets reopened on Friday after being closed for four days amid Diwali festivities. In the international markets, spot gold fell by USD 38.47, or 0.93 per cent, to USD 4,087.55 per ounce on Friday after rising 0.67 per cent in the previous session. "Gold struggled to maintain its recovery on Friday as the market shifted from a bullish trend to t
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,14,640
While the sales of electronics, including iPhones, surged 500 per cent, gold and silver coins reported a staggering 1000 per cent rise compared to last year
The price of 22-carat gold also decreased by ₹10, with ten grams of the yellow metal selling at ₹1,15,390
On the technical front, gold is supported by the 21-day moving average at $4,005
The Reserve Bank's gold reserves crossed 880 metric tonnes in the first half of 2025-26 with the central bank adding 0.2 metric tonnes in the last week of September. The total value of the gold was USD 95 billion as of September 26, 2025, according to the latest data from the Reserve Bank of India (RBI). The demand for gold, considered a safe haven, has been on the rise in recent months amid escalating global uncertainties. In the six months ended September, the RBI bought 0.6 metric tonnes (600 kilograms) of gold. A total of 0.2 metric tonnes (200 kg) and 0.4 metric tonnes (400 kg) of the yellow metal were bought in September and June, respectively, as per the latest RBI Bulletin. The total gold reserve with the RBI increased to 880.18 metric tonnes at September-end from 879.58 metric tonnes at the end of 2024-25. During 2024-25, the RBI had added 54.13 metric tonnes of gold. Rise in international gold prices, driven by heightened global economic and geopolitical uncertainty tha
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