physical gold

Electronic Gold Receipts (EGRs) are now trading on the NSE, revolutionizing India's gold market. This digital format, backed by physical gold in SEBI-regulated vaults, offers investors a secure and transparent way to hold the precious metal. EGRs aim to overcome traditional concerns like purity and storage, integrating gold more closely with the capital markets.

Gold import duty has been raised to 15%, a move expected to increase domestic prices and alter trade patterns. SBI Research reports that past duty hikes have widened the gap between international and domestic prices, potentially diverting supply to informal channels. Import values have risen while volumes have fallen, indicating price-driven import growth.

Facing a widening trade deficit, India's Prime Minister urges reduced gold purchases. Industry bodies propose tapping into the nation's vast household gold reserves. Their plan involves using refined household gold for domestic demand and channeling imported gold into jewellery exports via gold metal loans, aiming to boost working capital and cut imports.

India's enduring love for gold spans centuries, evolving from tradition to modern investment. Women hold vast reserves, and the market is set for significant growth. Digital gold and ETFs are gaining traction alongside traditional jewellery. Gold remains a symbol of prosperity, security, and auspiciousness for Indians across generations.

Claressa Shields has reportedly been banned from future events promoted by Most Valuable Promotions after an altercation with fellow boxer Alycia Baumgardner during a major combat sports event in California. The incident took place inside a VIP section at the Intuit Dome in Inglewood and quickly became one of the biggest talking points of the evening.

Former undisputed champion Claressa Shields has reacted strongly after being banned from attending events promoted by Most Valuable Promotions. The decision came after Shields appeared to slap fellow boxer Alycia Baumgardner during a heated confrontation at the MMA event headlined by Ronda Rousey and Gina Carano in California. Videos of the incident quickly spread across social media and sparked debate among fans and fighters.

Railway staff in India went to extraordinary lengths, working through a train's filthy drainage system, to recover an expensive gold ring lost by a passenger. The successful retrieval, despite the unpleasant conditions, has garnered widespread praise online for the team's dedication and honesty.

Gold price prediction today: Gold and silver prices are rallying in the domestic market due to the sudden hike in import duties. In the coming days they are expected to align closer to the international prices, says Vedika Narvekar, Research Analyst - Commodities & Currencies, Anand Rathi Shares and Stock Brokers.

India’s gold imports hit a record $71.98 billion in 2025-26, rising over 24% from $58 billion a year earlier. This was largely due to skyrocketing global gold prices, which have bumped up the value of imported gold.