Gold in Singapore, which normally sets the price trend on the domestic front, fell by 1.4 per cent to $1,278.94 an ounce and silver by 2.8 per cent to $19.55 an ounce.
Punjab's Sahil and Haryana's Ravina emerged victorious in the men's and women's half marathon events respectively at the Indian Open Race Walk Competition.
Also, the import tariff value -- the base price at which customs duty is determined to prevent under-invoicing -- in case of silver has been reduced to $644 per kg from $694 per kg earlier, a notification by the Central Board of Excise and Customs said.
Traders said scattered buying by retailers amid a firm global trend, where gold climbed to six-month high, and escalating tension in Ukraine mainly boosted demand for the precious metals as a safe haven.
Olympic medallist Lovlina Borgohain and two-time world champion Nikhat Zareen will lead the Indian contingent at the Asian Boxing Championships in Mongolia.
Namrata Thakker picks Rashmika Mandanna's best wedding looks, and asks you, dear reader, to vote for her best look.
The government on Tuesday cut the import tariff value on gold and silver to $396 per 10 gram and $575 per kg, taking into account weak global trends.
Indian women boxers, led by star pugilist Nikhat Zareen, lived up to their top billings to claim seven gold medals, while Hitesh Gulia and Sachin Siwach also clinched the coveted yellow metal at the World Boxing Cup Finals in Greater Noida on Thursday.
Trading sentiment turned extremely bullish as gold and silver soared to a record levels in 31 years in global markets as inflation in China accelerated underscoring the challenge that central bankers worldwide face in combating rising prices.
The government on Friday slashed the import tariff value on gold and silver to $405 per ten gram and $642 per kg, respectively, in line with global trends.
Bullion traders said sustained buying by jewellery fabricators and retailers to meet the festive season demand mainly kept precious metal prices higher.
Indian shooters are set to compete in the Rifle/Pistol World Cup in Granada, Spain, facing a strong international field in both 10m air rifle and air pistol events. The competition serves as a crucial assessment opportunity ahead of the Asian Games and the World Championships, where Olympic quotas will be awarded.
The ongoing wedding season could not boost the trading sentiment and low demand from jewellers and retailers was witnessed, traders said, adding that a weak global trend because of strengthening of dollar also reduced appeal for the bullion.
Gold prices rose further by Rs 10 to Rs 27,500 per ten grams in the national capital today on the back of pick-up in buying by jewellers to meet wedding season demand.
A weak trend was noticed in Mumbai, as gold of 99.9 and 99.5 per cent purity slipped by Rs 60 each to Rs 30,540 and Rs 30,390 per ten gram respectively, while silver lost Rs 200 at Rs 45,600 per kg.
A notorious criminal with over 100 offenses, including murder, was arrested in Indore while attempting to register to vote. Abdul Rashid, also known as Talwar Singh, was wanted in multiple cases in Madhya Pradesh and Maharashtra.
Gold prices dropped by Rs 4,100 to Rs 121,800 per 10 grams in the national capital and slipped below $4,000 an ounce in the global markets on Tuesday as easing US-China trade tensions dampened safe-haven appeal. According to the All India Sarafa Association, the precious metal had closed at Rs 125,900 per 10 grams on Monday.
The Enforcement Directorate (ED) has arrested Jay Kamdar, a Kolkata businessman, for alleged money laundering. The ED claims Kamdar had close ties with police officers and misused his influence in land-related matters. The investigation is linked to an alleged criminal syndicate led by Biswajit Podder.
Steeplechaser Ankita Dhyani came up with a blistering run to clinch silver in the gruelling 3000m event with a personal-best time of 9:31.99 seconds.
Gold in New York, which normally sets price trend on the domestic front, traded marginally up 0.07 per cent to $1,291.80 an ounce.
Traders said stockists selling against sluggish demand at prevailing higher levels amid weak global trend mainly kept pressure on precious metals.
Traders said apart from increased buying by jewellers and retailers to meet seasonal demand, a firming trend in global markets on increased tensions in Ukraine and weakening dollar mainly influenced precious metal prices.
The CBI has arrested a chief electrical distribution engineer with the Central Railway and two private individuals in connection with an alleged bribery case involving Rs 10 lakh.
Precious metals closed at new historic highs at the Bullion market in Mumbai on Monday as silver zoomed by a whopping Rs 570 to end at Rs 19,890 and gold firmed up by Rs 30 to close at Rs 8,855.
Traders said sustained selling by stockists against sluggish demand and weakening global trend mainly kept pressure on precious metals.
Gold in Singapore, which normally sets price trend on the domestic front, fell by 0.9 per cent to $1,327.94 an ounce and silver by 1.6 per cent to $20.61 an ounce.
Gold and silver extended gains in New Delhi on Monday on sustained buying by stockists, driven by firm global trends.
Silver also jumped Rs 950 to Rs 44,750 per kg on increased offtake by jewellers and industrial units.
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The interest on foreign currency non-resident accounts has been liberalised to attract more deposits.
India has emerged as the most impacted market within emerging economies, experiencing $3.7 billion in outflows over the past three weeks, matching the total outflows from the entire emerging market basket, as global equity funds turn negative for the first time since January 2026 due to escalating geopolitical tensions.
India's retail inflation marginally increased to 3.4 per cent in March, up from 3.21 per cent in February, primarily due to an uptick in certain food items and the initial impact of the West Asia crisis on fuel prices, according to government data.
Earlier, Kucerova and Lucy Myers of the USA had prevailed in a tense qualification shoot-off to secure the final berths ahead of India's Sabeera Haris, who finished seventh despite tying on 112 hits.
India's Ayush Shetty secured a spot in the Badminton Asia Championships final after defeating top seed Kunlavut Vitidsarn in a thrilling three-game match.
India's merchandise exports experienced a slight decrease in February, while imports surged due to increased gold and silver purchases, leading to a widened trade deficit. The West Asia crisis is expected to further impact trade in the coming months.
Indian boxers are set to compete at the Asian Championships in Ulaanbaatar, Mongolia, aiming for medals and direct qualification for major multi-sport events later in the year, including the Commonwealth Games and Asian Games.
Day Three of the Lakme Fashion Week x FDCI was all about bold styles that refused to blend in.
The Target Olympic Podium Scheme (TOPS) Core group has been updated with the inclusion of rising stars like Samrat Rana and Gulveer Singh, while some established athletes have been dropped due to performance issues.
The Target Olympic Podium Scheme (TOPS) Core group has been updated, with rising stars like Samrat Rana and Gulveer Singh joining, while underperforming athletes such as H.S. Prannoy and Deepak Punia have been dropped.
A weak global trend on speculation that signs of a strengthening US economy might reduce demand for the precious metals as safe haven also influenced the sentiment, traders said.
India's junior shooting team is set to compete at the ISSF Junior World Cup in Cairo, with a strong contingent of 71 athletes participating in various events.
