Page 5 - Gold

Govt collects ₹10,040 crore duty on gold imports in 2.5 months after hike

The effective customs duty on gold, silver and precious metals was raised from May 13, with gold imports yielding Rs 100.4 billion in duty through August 2

Gold looks beyond war as inflation, monetary policy steer prices: Report

Gold's traditional relationship with geopolitical conflicts is changing, with inflation, interest rates and monetary policy emerging more important drivers of bullion prices, according to a report. In its H1 2026 Precious Metals Report, Motilal Oswal Financial Services Ltd (MOFSL) said the first half of the year showed that geopolitical risks alone may not be enough to sustain a gold rally as investors increasingly assessed conflicts through their impact on inflation and interest rates. "H1 2026 demonstrated that the relationship between war and gold has become increasingly conditional," Navneet Damani, Head of Research, Commodities at MOFSL, said. Markets increasingly focused less on the geopolitical headlines themselves and more on their impact on inflation, real interest rates and monetary policy expectations, he added. "Rising bond yields emerged as the key headwind for gold, outweighing traditional safe-haven demand despite elevated geopolitical tensions," Damani said. Gold .

Gold rises ₹85 on MCX, silver jumps ₹2,033 on soft US inflation data

In the domestic market, gold recovered after a weak opening, while silver traded higher

Gold, silver likely to extend gains as inflation, West Asia risks loom

Gold and silver prices are expected to extend their gains next week, as inflation data from major economies and developments on efforts to end hostilities in West Asia are likely to set the tone for bullion, analysts said. Investors will track inflation numbers from the US, Germany, Japan and India, while upcoming Chinese economic data will also be crucial for industrial metals, they added. "Gold and silver momentum looks positive and are expected to trade with a positive bias and move up towards Rs 1.57 lakh per 10 grams and Rs 2.80 lakh per kg in the short term," Pranav Mer, Senior Vice President, EBG - Commodity & Currency Research, JM Financial Services Ltd, said. On the domestic front, gold futures for October delivery climbed Rs 8,444, or nearly 6 per cent, during the week to close at Rs 1.51 lakh per 10 grams. Silver futures for the September contract surged Rs 14,268, or nearly 7 per cent, to settle at Rs 2.31 lakh per kilogram on the Multi Commodity Exchange. "Gold ...

Gold rises ₹497 on MCX, silver jumps ₹2,157 amid geopolitical tensions

In the global market, gold was trading near $4,320 per ounce on Comex, while silver was around $62.50 per ounce

Gold rises ₹644 on MCX, silver gains ₹1,397 on hopes of Hormuz reopening

In the global market, gold was trading near $4,115 per ounce on Comex, while silver was around $58.90 per ounce

Gold rises ₹202 on MCX, silver gains ₹797 on reports of US-Iran talks

In the global market, gold was trading near $4,115 per ounce on Comex, while silver was around $58.30 per ounce

Short-term traders can look to buy gold for upside till $4200: Mirae Asset

Dovish FOMC outcome is supportive of higher gold prices in very short term, though oil prices can cut the rally short.

Gold can hit $5500 by year-end; invest in a staggered manner: MOFSL

Even if silver performs, we believe the weightage for gold could be higher in one's portfolio, said Manav Modi of MOFSL.

Gold climbs as weaker dollar, easing inflation lift bullion prices

The dollar fell 0.8% as the yen strengthened, while traders remained on alert for possible intervention by Japanese authorities to prop up the battered currency

Gold rises ₹176 on MCX amid short covering; silver drops ₹1,479

Gold futures edge higher on short covering even as a firmer dollar and elevated US Treasury yields cap gains, while silver trades lower

Global gold demand flat at 1,269 tonnes in June quarter, says WGC

Global gold demand remained flat year-on-year at 1,269 tonnes in the April-June quarter, according to a report by the World Gold Council (WGC). Prices of the precious metal moderated from the record highs touched earlier this year, the Council said in its report. The total demand for the yellow metal was at 1,268.6 tonnes during the corresponding quarter of 2025, said the WGC in its 'Q2 2026 Gold Demand Trends' report. The demand in the first half of the year rose 2 per cent year-on-year to an estimated 2,522 tonnes, worth USD 380 billion. Investment in gold ETFs (exchange-traded funds), bars and coins dropped to 262 tonnes in the second quarter as lower gold prices led to moderation in strong investment momentum witnessed earlier in the year. According to the WGC, the decline was primarily driven by 45 tonnes of outflows from gold-backed ETFs during the April-June period, although first-half ETF demand remained modestly positive at 18 tonnes. However, bar and coin investment was

India's gold demand falls 6% in April-June on weak demand, higher duty: WGC

India's gold demand fell 6 per cent year-on-year to 131.4 tonnes in the April-June quarter, weighed down by seasonally subdued sales, higher Customs duty and Prime Minister Narendra Modi's appeal to reduce purchases of the precious metal, the World Gold Council said in a report. The total demand was at 139.7 tonnes during the corresponding period last year, according to WGC's 'Q2 2026 Gold Demand Trends' report. "However, it's been a record in terms of the value of demand. So, consumption was Rs 1,98,100 crores, compared with Rs 1,32,500 crores in the same period in 2025, which is up by 50 per cent compared to the second quarter of 2025, highlighting that consumers continue to prioritise gold even in a high-price environment," WGC Regional CEO, India, Sachin Jain told PTI. Going forward, for the year, WGC estimated the demand to stay between 650 and 750 tonnes. "We still see demand in the range of 650 to 750 tonnes for this year. However, given the current geopolitical landscape, .

India's gold tariff hike boosts grey market, hurts organised trade: WGC

The World Gold Council says higher tariffs have widened the price gap, boosting grey-market gold imports and hurting organised players in India

Gold loan delinquencies may rise under new RBI repayment norms: Icra

Organised gold loans by banks and NBFCs are expected to cross Rs 30 trillion by March 2028, while lenders adjust to revised RBI repayment and LTV norms

Gold falls ₹243 ahead of Federal Reserve meeting; silver rises ₹815

Both metals had registered a sharp fall in the domestic and global markets on Tuesday

Gold climbs ₹757 on MCX, silver surges ₹2,266 as crude oil prices ease

Gold and silver futures traded higher after crude oil slipped below $100 a barrel, while renewed geopolitical tensions and safe-haven buying supported precious metals

Gold, silver regain momentum; crude oil falls below $100 a barrel

In the global market, gold opened with marginal gains. However, prices later declined before recovering again. Silver had a subdued start in the global market, but later prices rebounded sharply

Gold nears two-week high as Fed outlook, West Asia conflict stay in focus

Spot gold rose 0.9 per cent to $4,113.73 per ounce, as of 0123 GMT, having climbed to its highest since July 10

Gold, silver futures rise on short covering, signs of US-Iran talks

In the global market, both metals rose after a weak start, while their futures prices opened higher in the domestic market