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).
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.
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.
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.
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.
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.
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.
'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.
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 Shri Ram Janmabhoomi Teerth Kshetra Trust is set to hold crucial meetings to appoint a new general secretary, fill three vacant trustee posts, and deliberate on the appointment of the temple's first Chief Executive Officer (CEO), all while addressing the ongoing donation theft controversy and the Supreme Court's call for a fair investigation.
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.
Indian para-swimmer Karthik Budigina finished a commendable fourth in the men's 100m Freestyle S13 final at the Commonwealth Games, narrowly missing a medal. Meanwhile, Olympian Srihari Nataraj failed to qualify for the men's 50m backstroke final, finishing seventh in his semifinal heat. Another Indian para-swimmer, Imam Ali, placed seventh in his final.
'Earlier, people used to hand money directly to priests after a ritual, and priests would keep it in their own pockets. We completely stopped that practice.'
India's organised gold jewellery retail sector is projected to experience a 13-15 per cent year-on-year decline in sales volumes this fiscal, following an 8 per cent drop last year, due to elevated gold prices and a recent import duty hike, according to a Crisil report.
Insights from behavioural economics suggest that an ambitious nudge can be effective if three conditions are met, points out Ram Singh Insights from behavioural economics suggest that an ambitious nudge can be effective if three conditions are met, points out Ram Singh, director, Delhi School of Economics.
Jewellers in Lucknow protest Prime Minister Modi's appeal to defer gold purchases for a year amid the West Asia crisis, fearing significant business losses and economic hardship for those involved in the trade.
Think chocolate is just for eating? Think again. Chocolate is also all about competitions too and breaking records.
Skyroot Aerospace successfully launched India's first privately developed orbital rocket, Vikram-1, placing multiple technology demonstration payloads and commemorative items, including a postcard from Prime Minister Narendra Modi, into low Earth orbit, marking a significant entry into the global orbital launch market.
India's Prachi Lohan and Sachin achieved top-25 finishes at the Asian Senior Fencing Championships in New Delhi. Japan's Kyosuke Matsuyama won gold in men's foil, while Kazakhstan's Irina Bakaldina secured gold in women's epee, marking a historic first for her country.
Gold prices are likely to trade firm next week as traders await key economic data, including US inflation numbers, for fresh cues on interest rate outlook, while silver may remain volatile amid shifting risk sentiment and speculative activity, analysts said.
The Reserve Bank of India (RBI) reported a significant 52 per cent year-on-year increase in gains from foreign exchange transactions, reaching 1.69 trillion in FY26. This surge occurred despite the central bank selling a gross $195 billion in the spot market to manage rupee volatility, which saw a 9.85 per cent depreciation.
P V Sindhu clinched her maiden Super 750 title at the Japan Open, defeating local favourite Akane Yamaguchi in a dominant performance that showcased her return to top form, ending a nearly two-year title drought and rekindling hopes for a record sixth World Championships medal.
Jaspreet Kaur and Jhandu Kumar, two Indian para powerlifters, have overcome significant personal challenges, including polio and poverty, to qualify for the upcoming Commonwealth Games.
In cities where women own a larger share of small businesses, women also account for a larger share of jobs.
Karnataka's G Sindhushree, an unheralded pole vaulter, achieved a new national record of 4.25m at the National Inter-State Senior Athletics Championships in Bhubaneswar. This performance not only secured her a gold medal but also a spot in the Asian Games. Overcoming personal hardships, Sindhushree dedicated her achievement to her late father. The event also saw other athletes like Animesh Kujur, Harshita Bhadra, Manpreet Kaur, Gowthami Jayaraman, Mohammed Afsal, and N Thowfeeq qualify for the Asian Games in various disciplines.
Italian Prime Minister Giorgia Meloni and rival Carlos Alcaraz led congratulations for Jannik Sinner after he successfully defended his Wimbledon men's singles title, a victory that also significantly widened his lead over Alcaraz in the 'Big Titles' race.
Dr Lovi Raj Gupta, pro vice-chancellor, Lovely Professional University, explains how aspiring professionals can equip themselves for a competitive AI-driven job market.
A preliminary report by a Special Investigation Team (SIT) has identified Avinash Shukla as the prime accused in the alleged theft of devotees' offerings at the Ram Temple in Ayodhya, linking him to a suspected 40-day racket involving nearly 70 instances of pilferage from the donation-counting system.
A day after his resignation was accepted by the Ram temple trust, its former general secretary Champat Rai on Tuesday said he would respond to all allegations of donation embezzlement after the SIT submits its final report, even as opposition parties alleged a "cover-up" and stepped up the demand for its dissolution.
Julien Alfred became the third-fastest woman in 200m history with a 21.51-second win, while Emmanuel Wanyonyi broke a 27-year-old world record in the rarely contested 1,000m at the Monaco Diamond League.
India's foreign exchange reserves decreased by $711 million to $681.61 billion for the week ending June 5, primarily driven by a significant reduction in foreign currency assets, according to the Reserve Bank of India (RBI).
India's premier long-distance runner, Gulveer Singh, is confident of improving his bronze medal performance from the 2022 Asian Games in the upcoming edition. Holding national records in multiple events, Singh is preparing for both the Commonwealth Games and Asian Games, focusing on strategic training under his US-based coach and utilising advanced sportswear technology.
Indian fencing teams, including the women's sabre team led by Olympian CA Bhavani Devi and the men's epee team, delivered spirited performances at the 26th Asian Senior Fencing Championships in New Delhi but were unable to secure medals. South Korea claimed the women's sabre team title, while Kazakhstan won the men's epee team title.
