Prime Minister Narendra Modi urged citizens to help conserve foreign exchange reserves by reducing the consumption of imported fuel through the use of public transport and electric vehicles
Prime Minister Narendra Modi on Sunday appealed to citizens to collectively adopt some resolutions to help the country cut down on its energy consumption to save foreign exchange
Gold Buying Could Hurt the Rupee: Why Modi Issued an Unusual Appeal to Indians
Shares of jewellery companies witnessed selling pressure on Monday after PM Modi urged citizens to abjure from purchasing gold and gold jewellery for the next one year.
PM Modi's Gold Warning Explained: How Buying Jewellery Could Hurt the Rupee
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,39,640
Gold and silver may remain range-bound for a second consecutive week as investors assess developments in US-Iran peace negotiations and global macroeconomic data, analysts said. Traders will track inflation data from China, Germany, and the United States, along with GDP numbers from the Eurozone and the UK, later this week, they added. "Gold prices momentum looks consolidative, while silver movement looks positive in the coming week as traders will focus again on the progress on peace talks between the US and Iran to end the war and markets are likely to react accordingly," Pranav Mer, Vice President, EBG - Commodity & Currency Research, JM Financial Services Ltd, said. On the Multi Commodity Exchange (MCX), gold futures gained Rs 1,178, or nearly 1 per cent over the past week, to settle at Rs 1.52 lakh per 10 grams. Silver climbed Rs 10,985, 4.4 per cent, to close at Rs 2.61 lakh per kg. "Gold traded with a positive undertone last week, posting gains of nearly 1 per cent on MCX ..
The price of 22-carat gold fell by ₹10, with ten grams of the yellow metal selling at ₹1,39,940
Spot gold prices have risen over 2 per cent so far this week on easing fears of inflation and higher interest rates, as investors remained optimistic about a US-Iran peace deal
From Vault to Demat: NSE Converts Gold into Tradable Digital Assets
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,37,140
Indians continue to favour physical gold for tradition and security, but ETFs offer a more efficient, low-cost route for long-term investment
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,38,340
Precious metal prices are expected to witness mixed movement next week as investors track developments in the US-Iran conflict, string of global economic data releases, and domestic political cues, analysts said. Traders will closely monitor PMI readings from major economies early in the week, followed by US labour market indicators and non-farm payroll data later in the week for fresh cues on monetary policy and bullion demand, they added. "In the week ahead, precious metal prices momentum is expected to remain mixed with focus on developments on the US-Iran tussle and follow-up on peace talks," Pranav Mer, Vice President, EBG - Commodity & Currency Research, JM Financial Services Ltd, said. On the Multi Commodity Exchange (MCX), gold futures declined Rs 1,347, or nearly 1 per cent, to close at Rs 1.51 lakh per 10 grams. Silver, however, outperformed and gained Rs 879 to settle at Rs 2.50 lakh per kilogram during the past week. "Gold traded largely range-bound last week, ending ..
The price of 22-carat gold fell by ₹10, with ten grams of the yellow metal selling at ₹1,37,840
From Dhan's Gold Vault launch to MakeMyTrip's India listing plans, markets see fresh momentum across commodities, IPOs, and index-driven inflows
Global gold demand rose a modest 2 per cent year-on-year to 1,231 tonnes in the January-March quarter, driven by a sharp 42 per cent surge in bar and coin investment to 474 tonnes amid geopolitical tensions and higher prices, according to the World Gold Council report released on Wednesday. The WGC's Q1 2026 Gold Demand Trends report revealed that total quarterly gold demand, including OTC, increased by 2 per cent year-on-year to 1,231 tonnes in the January-March quarter, compared to 1,205 tonnes in the corresponding period of 2025. While volumes increased modestly, the value of demand surged to a record USD 193 billion, up 74 per cent year-on-year. The average gold price during the January-March quarter surged by 81 per cent to USD 4,873 an ounce compared with USD 2,860 an ounce in the same period of 2025. "Geopolitical tensions attracted retail investors around the world to gold's price momentum and safe-haven appeal, driving bar and coin demand up 42 per cent. The impact of ...
Stronger investment demand in the world's second-largest consumer of gold partly offset a decline in jewellery buying, hit by a rally in prices, helping keep overall demand stable
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,40,890
Gold prices have surged nearly 60% since Akshaya Tritiya 2025 and are still hovering around ₹1.5 lakh per 10 grams after a recent correction.