Page 31 - Gold

Gold price up ₹10 at ₹99,340; silver falls ₹100, trading at ₹1,13,900

The price of 22-carat gold also increased by ₹10, with ten grams of the yellow metal selling at ₹91,060

Actress Ranya Rao jailed for gold smuggling; no bail allowed for 1 year

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 .

Gold price dips ₹10 to ₹99,270, silver falls ₹100, trading at ₹1,13,900

The price of 22-carat gold also increased by ₹10, with ten grams of the yellow metal selling at ₹90,990

Gold prices can rise up to 15% by December-end in bull-case scenario: WGC

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

Gold imports in June fall to two-year low as record price dents demand

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

Gold hits ₹95,000 in India: Should you buy, hold, or sell in H2 of 2025?

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.

Gold price dips ₹10 to ₹99,760, silver falls ₹100, trading at ₹1,14,900

The price of 22-carat gold also increased by ₹10, with ten grams of the yellow metal selling at ₹91,440

Gold price up ₹10 at ₹99,890; silver falls ₹100, trading at ₹1,14,900

The price of 22-carat gold also increased by ₹10, with ten grams of the yellow metal selling at ₹91,560

Safe-haven demand lifts gold to 3-week peak; silver nears 14-year high

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

Gold price dips ₹10 to ₹99,700, silver price down ₹100, trades at ₹1,14,900

The price of 22-carat gold also increased by ₹10, with ten grams of the yellow metal selling at ₹91,390

Gold likely to trade firm next week on weak dollar, global risks: Analysts

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 ...

Gold in a holding pattern? Why investors should watch Fed rates, not China

"The likely path for gold is upward, but it's contingent on US rate action and dollar weakness," Emkay Wealth notes.

Gold outlook: Yellow metal to remain range-bound on tariff uncertainty

Gold is likely to range-trade unless and until major breakthroughs in trade deals happen, or tariff tensions are ratcheted up further

Gold price climbs ₹10 to ₹98,410; silver falls ₹100, trading at ₹1,09,900

The price of 22-carat gold also increased by ₹10, with ten grams of the yellow metal selling at ₹90,210

Gold price dips ₹10 to ₹98,170, silver price down ₹100, trades at ₹1,09,900

The price of 22-carat gold also increased by ₹10, with ten grams of the yellow metal selling at ₹89,990

Gold rate outlook: Yellow metal slips as investors assess tariff scenario

Gold rate outlook: At the time of writing this report, both spot gold and the MCX August gold contract were down by 1 per cent on the day. The spot gold was hovering around $3,295

Gold price climbs ₹10 to ₹98,850; silver falls ₹100, trades at ₹1,09,900

The price of 22-carat gold also increased by ₹10, with ten grams of the yellow metal selling at ₹90,610

Margins may shrink for asset management cos: Anand Rathi's Feroze Azeez

Maintaining an asset allocation of 80 per cent equity and 20 per cent debt is recommended for long-term wealth creation, Azeez said

Gold price dips ₹10 to ₹98,280; silver falls ₹100, trading at ₹1,09,900

The price of 22-carat gold also decreased by ₹10, with ten grams of the yellow metal selling at ₹90,090

Kalyan Jewellers Q1 revenue surges 31% in FY26 despite demand gaps

Kalyan Jewellers on Monday reported a 31 per cent year-on-year increase in consolidated revenue for the first quarter of the fiscal 2025-26, despite multiple pauses in demand, majorly due to volatility in gold prices and geopolitical tensions. The company had reported a consolidated net revenue of Rs 5,557.63 crore in the first quarter (April-June) of the 2024-25 fiscal. India operations saw 31 per cent revenue growth during Q1 of the fiscal 2025-26 compared to Q1 of the previous year, the company said in a regulatory filing. The revenue from global operations was up 31 per cent and contributed 15 per cent to the consolidated revenue in Q1. The revenue from Middle East operations was up 26 per cent driven predominantly by same-store-sales growth, while the digital platform Candere recorded 67 revenue growth during Q1 of FY26. During Q1, the company opened 10 Kalyan showrooms and eight Candere showrooms in India and one Kalyan showroom in the US. The company has drawn up plans to