Analysts say long-term investors may still benefit, but recommend limiting bullion exposure to around 10 per cent.
The contraction in total reserves was driven by a fall in gold reserves, which dropped $13.49 billion to $117.19 billion during the reported week.
Gold prices experienced a significant decline in futures trading due to uncertainty surrounding geopolitical tensions in West Asia and conflicting statements regarding the conflict. Investors are also awaiting key macroeconomic data for further direction on interest rate cuts.
Jharkhand, Himachal Pradesh, and Mizoram secured multiple gold medals at the Khelo India Tribal Games, with wrestling and weightlifting events taking centre stage.
Nikita's weightlifting gold ends Chhattisgarh's wait, while Odisha's swimmers dominate at the Khelo India Tribal Games 2026.
A woman sustained minor injuries after a daylight gold chain snatching attempt in Delhi's CR Park. CCTV footage shows the attackers trailing and assaulting the victim.
Indian compound archers achieved remarkable success at the Asia Cup-World Ranking Tournament Stage 1, securing gold in the mixed team event, silver in the women's team event, and a clean sweep in the men's individual category.
Indian archers delivered a strong performance at the Asia Cup-World Ranking Tournament Stage 1, securing gold in the mixed team compound event and silver in the women's team compound event, along with a clean sweep in the men's individual compound category.
A 24-year-old gold trader and his father were allegedly robbed by four individuals in the Seelampur area of northeast Delhi. Police are investigating the incident, which occurred near Welcome Metro Station.
Three-time world champion and former Olympic gold medallist Carolina Marin, who had to pull out of her semi-final at the Paris Games due to a knee injury, announced her retirement on Thursday.
People across Kashmir have donated generously to Iran, which has been ravaged by war. Donations included cash, gold, silverware, and copper utensils. A woman even donated gold kept as a memento of her husband, who died 28 years ago. The Iranian Embassy in New Delhi has expressed its gratitude for the support.
Mizoram's Isak Malsawmtluanga overcame the loss of his parents and a back injury to win a gold medal in weightlifting at the Khelo India Tribal Games, showcasing resilience and determination.
'Many have contributed in terms of gold and silver. Ladies in big numbers have contributed their home belongings and gold.' 'Some have donated their cars too.'
Abdulla Aboobacker won gold in the men's triple jump at the Indian Open Jumps Competition, while Sarvesh Anil Kushare secured victory in the high jump and Dev Meena won the pole vault.
A woman in Delhi's Krishna Nagar was assaulted and robbed of her gold bangle by four men on motorcycles. CCTV footage of the incident has gone viral, prompting a police investigation.
Police in Thane have registered a case against a former accounts clerk of a co-operative credit society for allegedly stealing gold ornaments worth Rs 5.66 lakh from customers.
Gold prices experienced a significant drop in futures trading due to global selloff, inflation concerns, and a strong US dollar. Analysts predict a continued downward trend amid geopolitical tensions and potential rate hikes.
CPI(M) state secretariat member T M Thomas Isaac announced that A Padmakumar, accused in the Sabarimala gold loss cases, will be kept away from party activities pending the filing of charge sheets.
Gold and silver prices experienced a significant drop in the national capital due to a global selloff driven by inflation concerns, central bank policies, and geopolitical tensions.
Customs officials at Delhi's Indira Gandhi International Airport have thwarted two separate gold smuggling attempts, seizing over 3.17 kg of gold worth approximately Rs 4.35 crore and arresting three foreign nationals.
Thane police have arrested a man involved in numerous burglaries and recovered a significant amount of stolen gold ornaments.
Josh Kerr of Britain won the 3,000 metres title at the World Indoor Championships in Poland, while other athletes broke records in the heptathlon, 400 metres, and pole vault.
Paralympic champion Krishna Nagar won two gold medals in the SH6 category at the 7th Senior National Para Badminton Championship.
Mubassina Mohammed won the long jump gold at the fifth Indian Open Jumps Competition held at the Anju Bobby George Foundation Campus.
A gold chain worth Rs 2.37 lakh was stolen from a woman revenue official during a religious function in Beed, Maharashtra. Police suspect gangs targeting large gatherings.
A man posing as a seer has been arrested in Delhi for allegedly duping a 65-year-old woman of her gold ornaments under the guise of resolving her problems.
Gold prices are expected to remain volatile next week as investors track geopolitical developments in the Middle East and key macroeconomic data releases that could shape the sentiment in the domestic market, analysts said.
Sumit Antil spearheaded India's impressive performance at the World Para Athletics Grand Prix, securing gold in the javelin throw. Indian athletes dominated various events, including the 400m and throwing disciplines.
Tajinderpal Singh Toor won gold in the shot put at the Indian Open Throws Competition with a throw of 20.51m. Other winners included Damneet Singh in the hammer throw, Seema in the discus throw, and Sanjana Choudhary in the javelin.
Tajinderpal Singh Toor won gold in the shot put at the Indian Open Throws Competition with a season's best throw. Damneet Singh narrowly missed the national hammer throw record.
Precious metal prices, particularly gold and silver, experienced a significant surge in the national capital as investors sought safe-haven assets amid escalating hostilities in the Middle East.
Analysts predict a surge in gold and silver prices as investors seek safe-haven assets due to escalating tensions in the Middle East. The impact on domestic prices will depend on the conflict's duration, with geopolitical factors and macroeconomic data also playing a role.
Precious metal prices surged in futures trading, with silver hitting Rs 2.93 lakh per kg and gold nearing Rs 1.68 lakh per 10 grams, driven by safe-haven demand following US-Israel strikes in Iran and retaliatory attacks.
India's T20 World Cup winning captain Suryakumar Yadav has announced his ambition to secure an Olympic gold medal for the country, following their recent World Cup victory.
Young Indian athlete Lokesh Sathyanathan won the gold medal in the men's long jump at the NCAA Indoor Championships, setting a new indoor national record.
India lifted the prestigious trophy after defeating New Zealand by 96 runs in the final at the Narendra Modi Stadium in Ahmedabad on Sunday, successfully defending the title and becoming the first team in the history of the tournament to retain the ICC Men's T20 World Cup.
A 30-year-old man in Latur, Maharashtra, was arrested within hours of stealing his mother's gold ornaments from their home.
The recent correction suggests that while precious metals hedge geopolitical tension and inflation, they are not immune to sharp short-term corrections and profit-booking.
The highlight in January, with no surprise, has been flows into gold and silver ETFs.
The Congress-led UDF in Kerala has criticised the ruling LDF over the Sabarimala gold loss cases, the issue of women's entry to the shrine, and the state's health sector, where government doctors and private nurses are striking over wages.
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