Gold futures saw a significant rise for the second consecutive day, driven by strong overseas market rallies, increased safe-haven demand due to geopolitical uncertainties, and a weaker US dollar. This surge coincided with the Reserve Bank of India's decision to maintain its repo rate, reflecting a focus on growth amidst global inflation concerns and easing oil prices.
Domestic gold exchange-traded funds (ETFs) saw their holdings jump 65 per cent to 95 tonnes in 2025, elevating Indian ETFs to sixth place globally, going by holdings of the yellow metal. At the end of 2024, they ranked eighth with 57.5 tonnes of holding, according to an analysis of data from the World Gold Council (WGC).
Indian weightlifter Mirabai Chanu won a gold medal at the Commonwealth Games, expressing her patriotism through tricolour ribbon clips and becoming emotional during the national anthem.
Chief Minister C Joseph Vijay-led Tamilaga Vettri Kazhagam government on Wednesday allotted over Rs 1,000 crore to provide gifts of gold coin, ring and milch cows to beneficiaries to fulfill the election promise made by the party ahead of the assembly election this year.
India's judokas scripted history at the Commonwealth Games on Friday as Asmita Dey and Harsh Singh clinched the country's first-ever gold medals in the sport, while Yamini Mourya added a silver to cap the nation's best-ever judo campaign.
Newly-crowned junior squash World champion Anahat Singh has decided to defer her admission to Harvard University to fully dedicate herself to preparing for the 2028 Los Angeles Olympics, aiming for a medal in squash's Olympic debut.
Indian benchmark equity indices closed higher on Thursday, with the Sensex gaining 273.55 points to 77,928.15 and the Nifty rising 66.95 points to 24,317.15, driven by bargain hunting and short-covering in IT and auto sectors.
India's foreign exchange reserves increased by USD 1.08 billion to USD 676.237 billion for the week ended July 17, primarily due to a significant rise in foreign currency assets, despite a drop in gold reserves.
The case for long-term investment in gold, however, remains intact.
Gold and silver are expected to remain volatile with a corrective bias as investors assess the latest flare-up in the US-Iran conflict, movements in crude oil prices, and inflation data, which could reshape expectations for global interest rates, according to analysts.
Weightlifter Mirabai Chanu will not attempt the coveted 90kg snatch at the Commonwealth Games, instead prioritising the upcoming Asian Games where she aims to secure her first medal in the competition.
The Reserve Bank of India (RBI) has debunked reports of gold sales, stating that its physical stock of gold remains unchanged at 880.52 tonnes, countering claims of selling approximately USD 12 billion to protect foreign-currency reserves.
Olympic gold medallist Arshad Nadeem has expressed his disappointment over social media criticism following his poor performance at the Commonwealth Games in Glasgow. He attributed his ninth-place finish to the extremely cold weather affecting his javelin throws and affirmed his commitment to return to winning form, stressing his grounded nature despite fame.
India concluded Day 7 of the Commonwealth Games in eighth position, securing a total of 15 medals, including three gold, nine silver, and three bronze. Australia maintained its lead in the overall standings with 103 medals.
Olympic silver medallist Mirabai Chanu is now setting her sights on an Asian Games medal, acknowledging the immense pressure that comes with high expectations after her successful Commonwealth Games campaign.
Indian discus thrower Seema Kaliramna secured a bronze medal at the Commonwealth Games with a throw of 58.65m, despite fouling her last three attempts. Compatriot Nidhi Rani finished fourth. Jamaica's Samantha Hall won gold, and Canada's Julia Tunks took silver.
Asmita Dey became India's first Commonwealth Games judo gold medallist in the women's 48kg category, dedicating her historic victory to her late father who supported her journey.
India's Yamini Mourya had to settle for the women's 57kg judo silver medal after a valiant fight against England's vastly experienced Acelya Toprak, ending India's bid for a third gold in the discipline at the Commonwealth Games in Glasgow on Friday.
Gulveer Singh has made history by becoming the first Indian to win a 5000m medal at the Commonwealth Games, securing a bronze.
Judoka Ishroop Narang gave her all in the bronze medal play-off but lost to Canadian Coralie Godbout by yuko as India's judo campaign ended at the Commonwealth Games without any medal.
Sri Lanka's Rumesh Pathirage has emerged as the favourite for gold in the Commonwealth Games javelin final, potentially overshadowing the much-anticipated rivalry between India's Neeraj Chopra and Pakistan's Arshad Nadeem. Pathirage, the world leader with a stunning 92.62m throw, has been in exceptional form this season, while Chopra and Nadeem are returning from injuries. The final also features other strong contenders, including former world and Olympic champions, promising a high-quality contest.
Indian athletes secured three gold medals at the Asian U20 Championships in Hong Kong, maintaining their second-place position. Nikhil Chandrashekar, Basant, and Shahnavaz Khan contributed to India's success in the 3000m steeplechase, high jump, and long jump events, respectively.
Indian badminton star P V Sindhu was defeated by local favourite Chen Yufei in a gruelling three-game match at the China Open second round. Sindhu, who recently won the Japan Open, lost 21-16, 20-22, 18-21 in a closely contested encounter that lasted nearly 90 minutes.
Leading Indian jewellery bodies, including the All India Gem & Jewellery Domestic Council (GJC) and Malabar Gold & Diamonds, have expressed support for Prime Minister Narendra Modi's appeal to reduce gold imports and are advocating for enhancements to the Gold Monetisation Scheme (GMS) to unlock India's vast idle gold reserves.
The Indian men's 4x200m freestyle relay team finished sixth in the final at the Commonwealth Games swimming competition. Despite improving their time significantly from the heats, the quartet of Dhakshan Shashikumar, Aneesh Sunil Kumar Gowda, Aryan Nehra, and Srihari Nataraj could not match the pace of leading nations like Australia, England, and Wales, highlighting the gap between India and traditional swimming powerhouses.
Gujarat Chief Minister Bhupendra Patel formally received the Commonwealth Games flag, symbolising the official commencement of preparations for Ahmedabad to host the global sporting event in 2030.
Indian men's hockey team chief coach Craig Fulton is focused on ending the 51-year World Cup medal drought, aiming for consistency and a strong performance at the upcoming tournament in the Netherlands and Belgium.
Gulveer Singh has become the first Indian to win a medal in the men's 10,000m event at the Commonwealth Games, securing a silver medal at the 2026 edition and marking a significant achievement for Indian athletics.
Chhattisgarh's weightlifter Gyaneshwari Yadav has won a silver medal at the 2026 Commonwealth Games in Glasgow, bringing pride to the state and the country. Chief Minister Vishnu Deo Sai and Deputy Chief Minister Arun Sao congratulated her, highlighting her achievement as an inspiration for young athletes. Yadav's performance in the 53kg category involved a thrilling contest where she set new personal bests.
Indian athletes delivered a strong performance at the Commonwealth Games, with weightlifters Gyaneshwari Yadav and Bindyarani Devi securing silver and bronze medals respectively. Several athletes, including long jumpers M Sreeshankar and Lokesh Sathyanathan, boxers Sachin Siwach and Ankush, and swimmers Sajan Prakash, Aryan Nehra, and Swatik Patel, also advanced to their respective finals or quarter-finals, showcasing India's diverse talent across multiple disciplines.
Amidst a sharp run-up in gold and silver prices, investors are advised to rebalance their portfolios by booking partial profits in precious metals and reallocating to domestic equities and debt, according to financial experts.
Rapid growth in personal gold loans has raised concerns over borrower leverage, large-ticket exposure and volatility in gold prices, points out Swaminathan J, Deputy Governor, Reserve Bank of India.
'What exactly is on the prime minister's mind, we do not know. But it feels like the government wants the country to be prepared for unseen challenges ahead.'
With duties at 15%, GST at 3%, and making charges running as high as 20% -- the gap between a smart purchase and a careless one can easily be Rs 30,000 to Rs 50,000 on every Rs 1 lakh invested. And most of that gap is entirely avoidable. Ramalingam Kalirajan explains the math.
Chhattisgarh's weightlifter Gyaneshwari Yadav has won a silver medal at the 2026 Commonwealth Games in Glasgow, bringing pride to the state and the country.
Indian athletes delivered a strong performance at the Commonwealth Games, with weightlifters Gyaneshwari Yadav and Bindyarani Devi securing silver and bronze medals respectively. Several athletes, including long jumpers M Sreeshankar and Lokesh Sathyanathan, boxers Sachin Siwach and Ankush, and swimmers Sajan Prakash, Aryan Nehra, and Swatik Patel, also advanced to their respective finals or quarter-finals, showcasing India's diverse talent across multiple disciplines.
The Shri Ram Janmabhoomi Teerth Kshetra Trust has displayed over 30 kg of gold-like items and 1,518 kg of silver-like items, asserting all 2,926 valuable articles donated by devotees are 'safe' and accounted for, amid an ongoing probe into alleged embezzlement of donations.
FIFA's proposal to create a $20 billion subsidiary for the World Cup highlights the intricate balance of power in global football, where the governing body's authority is often challenged by the significant commercial strength of UEFA, particularly in Europe.
Karthik Budigina narrowly missed a medal, finishing fourth in the men's 100m Freestyle S13 final at the Commonwealth Games in Glasgow. Fellow Indian Imam Ali placed seventh, while Srihari Nataraj also qualified for the 50m backstroke semifinals.
The Indian women's recurve team, consisting of Deepika Kumari, Ankita Bhakat, and Kumkum Mohod, secured a dramatic shoot-off victory against China to win the gold medal at the Archery World Cup Stage 2 in Shanghai.
