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Gold loans surge as small borrowers shun MFIs: 122% jump in June, shows RBI data; soaring prices, lower rates fuel shift

Lower-income borrowers with limited income are increasingly turning to gold loans instead of microfinance institutions (MFIs) to meet urgent financial needs. Rising gold prices, lower gold-loan interest rates and stricter MFI lending norms are driving the trend. RBI data show gold-backed loans jumped 122 per cent year-on-year until June, while the Microfinance Industry Network reported…

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Gold price prediction today: Gold rates expected to rise in coming months – is it the right time to buy?

Gold is likely to rise to $3,800 (Rs 134,000) in the coming months. (AI image) Gold price prediction today: Gold rates are expected to rise in the coming months and investors would do better to buy the yellow metal on dips rather than chasing the rally, says Praveen Singh, Senior Fundamental Research Analyst- Currencies and…

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Anandkumar Velkumar creates history; wins India’s first-ever gold at Speed Skating World Championships in China | More sports News

Anandkumar Velkumar won a gold medal for India in the 1000m sprint event at the Speed Skating World Championships. (Image: X) Indian skater Anandkumar Velkumar made history by winning India’s first-ever gold medal at the Speed Skating World Championships in Beijing, China on Monday, clocking 1:24.924 in the senior men’s 1,000m sprint event.This victory followed…

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Gold vs Sensex: Gold beats Sensex with 50.1% returns; outperforms over three, five, ten & twenty-year periods

Gold prices on Comex reached an unprecedented $3,715.2 per troy ounce, whilst silver exceeded $43, achieving its highest value in 14 years. (AI image) Gold vs Sensex: Gold has delivered superior returns compared to Sensex over a several year horizon. Gold has surpassed domestic equities in terms of returns, primarily due to unprecedented buying by…

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Gold price prediction: What’s the gold rate outlook for September 15, 2025 week – should you buy or sell?

Gold prices took a breather last week after touching all-time highs on both Comex and the domestic front earlier in the week. (AI image) Gold price prediction today: Gold prices will be in focus with the US Federal Reserve expected to cut rates this week, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal…

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Gold rate outlook: Gold rally may pause ahead of US Fed policy; silver hits lifetime high on MCX

Gold prices are expected to hold their gains but may witness some consolidation as investors await the outcome of the US Federal Reserve’s policy meeting on September 17, analysts said.Traders will also track inflation data from major economies including the UK and Euro zone, along with policy decisions by the Bank of England and Bank…

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World Boxing Championships 2025: Historic night for India! Jaismine Lamboria wins gold, Nupur clinches silver in Liverpool | Boxing News

Jaismine Lamboria from India celebrates winning gold at World Boxing Championships. (Getty Images) NEW DELHI: Liverpool witnessed a landmark moment for Indian boxing on Saturday night as Jaismine Lamboria stormed to gold in the women’s 57kg category at the World Boxing Championships 2025, defeating Olympic silver medallist Julia Szeremeta of Poland in a gripping final….

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China gold licences: Yellow metal’s largest buyer to ease rules; continues to diversify away from dollar reserves

China, the world’s largest consumer of gold, is planning to relax licensing norms for the export and import of the yellow metal, as the nation continues to steer away its reserves from the US dollar.According to a draft proposal from the People’s Bank of China (PBOC), the country plans to expand the use of “multi-use…

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