The FIFA World Cup trophy's gold content has more than doubled in value since 2022, now estimated at USD 713,000, driven by a broader rally in gold prices due to geopolitical tensions and economic uncertainty. This makes it the most valuable sporting trophy by melt value, significantly surpassing other major awards like the Champions League and American sports trophies.
The case for long-term investment in gold, however, remains intact.
Monthly gold imports have declined to 25-30 tonnes from 70-80 tonnes while recycling of old jewellery has increased following the recent hike in import duties.
Mouni Roy made a stunning impression at the Cannes 2026 Pre-amfAR event, dazzling in a dramatic black-and-gold gown.
The Directorate of Revenue Intelligence (DRI) has dismantled a gold smuggling syndicate at Mumbai's international airport, seizing 2.6 kg of gold in wax form, valued at approximately Rs 4.20 crore.
Odisha Vigilance has seized an additional 703 grams of gold from a bank locker belonging to Baikuntha Nath Behera, an assistant executive engineer, bringing the total recovery to 1.255 kg. Behera was arrested for possessing assets disproportionate to his known income, including over Rs 2 crore in cash, five buildings, 14 plots, and significant deposits.
Odisha Vigilance has seized an additional 703 grams of gold from a bank locker belonging to Baikuntha Nath Behera, an assistant executive engineer, bringing the total recovery to 1.255 kg. Behera was arrested for possessing assets disproportionate to his known income, including over Rs 2 crore in cash, five buildings, 14 plots, and significant deposits.
Despite a sharp increase in import duties on gold and silver to 15 per cent, the precious metals are trading at significant discounts in the domestic market, with gold seeing discounts of up to $200 an ounce and silver up to $6 an ounce.
The Directorate of Revenue Intelligence (DRI) has dismantled a major gold-smuggling syndicate at Chhatrapati Shivaji Maharaj International Airport, seizing 3.2 kg of gold worth Rs 5 crore. Seven individuals, including Bangladeshi and Sri Lankan nationals and three airport staff, have been arrested in connection with "Operation Golden Nexus."
Gold prices in the national capital surged by Rs 600 to Rs 1.65 lakh per 10 grams, extending gains for the third consecutive day, while silver rebounded by Rs 5,000 to Rs 2.71 lakh per kilogram, driven by geopolitical tensions and inflation concerns.
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.
Commodity markets, especially the metals, are among the most volatile segments of the Indian financial ecosystem. To traders involved in commodity trading, it is not only helpful to keep track of the daily price changes but also necessary to make informed trading decisions. Commodities like gold, silver, copper, and aluminium react to many different factors, which makes it imperative for commodity traders to watch out for metal prices every day.
'Customers do not recover the original making charges paid on old jewellery. Sentimental value is lost when heirlooms are exchanged.'
Teenaged high jump star Pooja Singh broke the national senior record en route to winning the gold medal at the Asian U20 Athletics Championships. The 19-year-old cleared 1.93m, bettering Sahana Kumari's 14-year-old record. India secured seven medals, including four gold, on the second day of the competition.
The Indian government has increased import duties on gold and silver from 6 per cent to 15 per cent to curb inbound shipments of precious metals amid a rising import bill due to the West Asia crisis.
Gold prices in the national capital fell by Rs 600 to Rs 1.64 lakh per 10 grams, influenced by tentative progress in US-Iran negotiations, which reduced demand for precious metals. However, unresolved tensions surrounding the Strait of Hormuz continue to keep traders cautious.
Jannat Zubair Rehmani's feed is proof that subtle is overrated. With her film, Glory on OTT, and her fashion game shining just as bright, Jannat is fully in her metallic era serving gold, silver and everything in between like it's second nature.
Revenue intelligence and customs officers are set to intensify surveillance and increase vigilance on international borders to combat potential gold smuggling following a significant increase in customs duty on gold.
Analysts predict that developments in US-Iran negotiations, fluctuations in crude oil prices, and key global economic data will be the primary drivers of gold and silver prices in the coming week, with a strong focus on talks in Switzerland.
The Customs department seized gold worth Rs 3.15 crore from two passengers at Mumbai airport, including a finance professional smuggling gold due to US-Iran conflict concerns.
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.
India has capped gold imports under the Advance Authorisation scheme at 100 kg, a day after significantly increasing import duties on precious metals. This move aims to tighten conditions for duty-free gold imports by jewellery exporters and curb non-essential imports amidst a ballooning import bill.
Silver prices surged by Rs 11,800 to Rs 2.57 lakh per kg and gold advanced by Rs 3,000 to Rs 1.58 lakh per 10 grams in the national capital, driven by fresh buying from jewellers and stockists ahead of Akshaya Tritiya.
The gems and jewellery industry anticipates challenging times following the government's decision to increase gold import duty to 15 per cent, a move that exporters warn could fuel the grey market and heighten smuggling risks.
Gold and silver prices saw a significant decline in the national capital, with silver falling by Rs 7,800 to Rs 2.43 lakh per kilogram and gold by Rs 1,500 to Rs 1.54 lakh per 10 grams, as investors booked profits amid persistent doubts over the durability of the West Asia ceasefire.
Analysts say long-term investors may still benefit, but recommend limiting bullion exposure to around 10 per cent.
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.
From viral reels to millions of followers, Shreya Kalra has built a reputation for serving looks as effortlessly as she serves content.
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.
The Indian government has imposed import restrictions on all forms of gold, silver, and platinum articles to prevent misuse of free trade agreements (FTAs). The restrictions apply immediately, regardless of prior contracts or commitments.
Strapless outfits never really go out of style, but styling them well is what makes all the difference.
'Every year we import approximately $70 billion worth of gold -- closer to $72 billion in 2025-2026, an all-time record.' 'There is no parallel for this anywhere in the world. And this love for gold will not disappear overnight.'
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.
Diana Penty showcased a stunning gold Manish Malhotra sari that masterfully blended traditional Indian elegance with modern design elements, creating a truly unique red-carpet statement.
Recreating this set is almost impossible since no two turquoise gemstones are ever alike.
Jennifer Winget may keep her personal life private but when it comes to fashion, she has a clear soft spot for Indian wear.
From saris to gowns to couture creations, our favourite stars have glided down the Cannes red carpet dripping in gold - not just to raise the glamour quotient, but to make a bold statement. So here's a look at all the times Bollywood celebs slayed in gold...and we were totally sold.
The highlight in January, with no surprise, has been flows into gold and silver ETFs.
Teenaged high jump star Pooja Singh shattered the national senior record en route winning the gold medal to lead a strong Indian show on the second day of the Asian U20 Athletics Championships here on Friday.
A 46-year-old man has been arrested in Thane for allegedly cheating jewellers. Gold bars worth 2.3 crore have been recovered from his possession following a multi-state probe.
