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Central banks worldwide increased their gold acquisitions during the third quarter of this year, with a net addition of 220 tonnes. (AI image) Betting big on gold as a reserve asset, central banks around the world have ramped up their gold reserves in the third quarter of the ongoing calendar year 2025. Gold is traditionally…
Gold prices in your city: Gold prices declined in domestic futures trade on Tuesday as the dollar held steady and trade tensions between the US and China eased, dampening the precious metal’s safe-haven appeal.On the Multi Commodity Exchange (MCX), gold futures for December delivery decreased by Rs 836, or 0.69%, to Rs 1,20,573 per 10…
The vast wealth lying idle in lockers can be put to productive use through this scheme. Someone with 100 grams of gold can earn up to Rs 25,000 a year on the investment. (AI image) Gold has often been derided as a dead investment that neither gives dividends nor earns income for the investor. But…
Gold prices slipped close to a three-week low on Monday, dragged down by a stronger dollar and easing trade tensions between the US and China. On the Multi Commodity Exchange (MCX), gold opened weaker at Rs 1,21,284 per 10 grams, down Rs 224 or 0.18%, while silver prices gained Rs 1,087 or 0.73% to Rs…
Gold stayed close to the $4,000-an-ounce mark on Monday, recovering from early losses after China moved to limit a tax rebate that has long benefited the country’s retailers and jewellery makers. The metal initially slipped by as much as 1% in Asian trading, but later regained ground, with bullion for immediate delivery up 0.2%, according…
Widely recognised as the “City of Gold,” both Dubai and Johannesburg embody a radiant connection with the precious metal that has profoundly shaped their history, identity, and enduring global legacy. According to the Dubai Multi Commodities Centre (DMCC), Dubai accounts for nearly 15% of the world’s gold trade, symbolising modern opulence and global influence. Once…
Gold futures opened the week on a stronger note, helped by safe-haven buying as investors reacted to fresh geopolitical tensions. Reports suggesting that US President Donald Trump may move to restrict exports of advanced artificial intelligence hardware to China lifted sentiment in the bullion market, prompting traders to hedge against potential volatility. On the Multi…
Gold prices fell last week as a stronger dollar, profit booking, easing US-China trade tensions dented safe-haven demand. (AI image) Gold price prediction: Gold prices are likely to be weighed down by global developments in the near –term, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd. Here is his outlook…
The paychecks that once symbolised India’s ascent as a global technology hub are shrinking, sharply. According to a joint report by payroll and compliance platform Deel and equity management firm Carta, median compensation for engineering and data roles in India has nosedived by 40%, plunging to $22,000 in 2025 from $36,000 a year earlier. In…
LUCKNOW: In an unusual revelation of criminal ingenuity, the Lucknow Police busted a six-member all-women gang that employed a peculiar tactic to steal gold ornaments from fellow female passengers. The gang would pretend to puke during a ride, creating panic and confusion, and then take advantage of the distraction to snatch valuable items. The arrested…
