The surge in investments can be attributed to the prospects of higher returns, tax benefits, and the bonds’ exemption from capital gains tax.

Customs officials detain Shiv Kumar Prasad for allegedly receiving 500-gram gold chain from passenger Dharmendra Dubey at IGI airport

The crew member, identified as Surabhi Khatun from Kolkata, was intercepted at Kannur International Airport and found with 960 grams of smuggled gold

Most countries keep their gold in the vaults of the Bank of England or some such location and pay a fee for the privileges

The yellow metal outlook looks strong: Sachin Jain, Regional CEO of WGC

Since late last year, all the major central banks are moving their gold reserves back home given the volatile global developments, including the unrest in West Asia and conflict between Iran and Iraq

But traders can go long on dips

Investors are particularly focused on upcoming job data and key economic indicators to assess the health of the U.S. economy and its potential impact on future Fed decisions

Silver price falls as participants reduce bets, with global price at $31.35 per ounce

Gold price rises in futures trade due to fresh positions on firm spot demand, reaching ₹73,135 per 10 gram

Spot gold was up 0.2% at $2,396.69 per ounce, as of 0146 GMT. U.S. gold futures fell 0.5% to $2,313.60

The yellow metal set to lose its glitter on China pausing gold buys, US strong labour market

Gold demand has also been boosted due to lower confidence in other investment options, such as real estate and equities, analysts say

Silver prices mainly rise due to fresh positions built up by participants on a positive domestic trend, say analysts

Bitcoin lags behind bonds, stocks and gold, signaling a possible slowdown in the crypto market

`Concessional customs duty under the India-UAE CEPA must be revised’

Apex banks’ confidence in the dollar low; high prices for the yellow metal may affect demand in India

Both investment options aim to provide returns that closely correspond to the performance of physical silver in domestic prices

The state has seen an increase in mineral revenue, with plans to explore new deposits through agencies like the Geological Survey of India. 

Aspect Global Ventures’ Aksha Mohit Kamboj appointed the national vice-president

The recent increase in import duty from 7.5 to 15 per cent has significantly impacted production costs

The company’s digital platform can help users transact in the yellow metal

UIS dollar rose on safety bids after an attempted assassination of former US President Donald Trump, which raised his odds of winning

The report attributes this projection to the weakening US labour market, disinflation, and the Federal Reserve’s dovish pivot at the upcoming July FOMC meeting

Industry moots policy to bring transparency that can boost customer confidence

Traders can retain longs

Telecom equipment faces hike in basic customs duty to 15 per cent

Import levy cut to 6% from 11%, AIDC pruned to 1%; move may curb smuggling

A drop in gold price can lead to increased jewellery demand, improving their revenue and profits Market experts believe the price of yellow metal could drop between ₹300 and ₹500 per gram going ahead

The precious metal’s brilliance lies not just in its physical form, but also in its adaptability to diverse investment strategies

No plan to stop the issuance of Sovereign Green Bonds, says a Senior official

Spot gold rose 0.14% to $2,446.83 per ounce, while US gold futures increased by 0.8% to $2,488.50. 

The Association for Gold Excellence and Standards will frame good practices to be followed by the entire value chain of the industry, including bullion, jewellery manufacturers and retailers

‘The code of conduct will be different for each segment of players across the value chain’

Window for redemption of SGBs issued between 2017 and 2020

Manufacturers have noted that in some cases, orders have reached levels not seen in several years, underscoring the strong buying interest among jewellery retailers and consumers alike

Merchants’ association urges Centre to review decision on mandatory hallmarking and HUIC certification for purifying old ornaments

Analysts attribute the fall in gold prices to weak global cues

Globally, silver was trading 0.46% lower at $28.22 per ounce in New York

The new locations will be in key markets across India, the GCC countries, and the USA, bringing the total number of showrooms worldwide to 375.

The rise was primarily driven by a drop in the US dollar and lower 10-year Treasury yields due to potential Federal Reserve rate cuts.

Sales up 20% during Ganesh Chathurthi, wedding demand could buoy demand for the precious metal further

Silver probing a barrier

Recent data reveals a significant increase in trading volume, with retail holdings growing 63 per cent year-on-year. 

A crisis accompanying the rate cut cycles had given the safe haven push for the yellow metal 

It serves multiple purposes as it acts as a hedge against inflation and provides stability during economic downturns

Gold has rallied nearly 30 per cent this year, hitting a series of record highs.

US Fed rate cut, weak dollar and rising geopolitical tension to aid the precious metal’s surge

Gold demand in India has remained robust, particularly following an initial surge after the import duty cut

The market now awaits US Fed meeting minutes, CPI data, and the RBI policy decision, which could impact the rupee and gold prices