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Gold, counted among the most precious metals of the world, has played a key role in the monetary framework. It is also used for producing gold bars, bullion coins and similar units of fixed purity and weight, which makes gold a medium to store wealth in hoards. The utility of gold in the monetary framework increased in the period leading to the first World War, when warring countries decided to use fractional gold standards in bid to inflate their currencies. The move was aimed at financing the war costs, point out experts. Following the war, the United Kingdom had begun restoring gold-convertibility, but global outflows of gold in the forms of bills of exchange remained embargoed. International shipments at the time were restricted exclusively for war reparations and bilateral trade. Following the second World War, gold was swapped by a regime of nominally convertible currencies regulated by fixed exchange rates -- based on the Bretton Woods system. In the period to come, gold standards and the direct convertibility of currencies to the precious metal was discontinued by most countries. This move was led by the United States of America, which decided not to redeem its dollars into gold in 1971. Currently, fiat currency fulfils most monetary roles in the world. More

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  • Thief 'eats' Rs 17 lakh gold pendant inspired by James Bond movie. Police wait for him to defecate

    Crafted from gold and painted with green enamel, the pendant is encrusted with 183 diamonds and two sapphires. It has an 18-carat yellow gold octopus adorned with white diamond suckers and black diamond eyes.

  • Chart of the Day | From distress to mainstream: The rise of gold loans in India

    Contrary to popular perception, gold loans are no longer primarily distress-driven

  • Silver hits fresh record after trading outage, supply tightness

    The precious metal rose as much as 1.4% to $57.29 in the spot market, surpassing a peak struck on Friday

  • India pushing for FDI-linked FTAs to attract global investors, says Commerce Secy Rajesh Agrawal

    Rupee weakness isn’t a concern for exporters, but October’s wider trade gap was driven by a spike in precious metals imports, said Commerce Secretary Rajesh Agrawal.

  • Personal Finance: Gold is glittering, equity is holding up -- What must investors do?

    Know that your personal financial goals matter more than capital market jolts 

  • Digital gold companies approach Finmin for recognition, promise standardised practices

    While buying digital gold is legal, there is still no clarity on whether it is regulated or formally recognised by any government authority. The SEBI advisory has caused concern among industry participants

  • India restricts imports of certain platinum jewellery

    This follows similar steps taken in September, when the government restricted imports of certain silver jewellery until March 31, 2026

  • Tradition to tariffs: How India’s gold import tripled ahead of wedding season, defying record prices

    When international gold prices see a sharp uptick, many buyers perceive it as an opportune moment to accumulate gold, anticipating that the prices may continue to rise further.

  • Digital gold players to form self-regulatory organisation by Nov-end after SEBI caution

    The investment in digital gold by Indians is estimated to be around Rs 55,000 crore, backed by physical gold kept in vaults managed by companies like MMTC, SafeGold and Brink’s

  • Dhanteras brings sparkle to digital gold sales, surge by 62% in October

    The sale of digital gold through online platforms has been steadily rising all year, going up from Rs 762 crore in January this year to Rs 2,290 crore in October

  • Gold price dips slightly. Is now the perfect time to buy?

    For investors, the strategy should be to book profits on sharp rises and accumulate on dips, as the long-term outlook for bullion remains bullish, says MOFSL’s precious metal analyst.

  • Chart of the Day: Is the gold rally a warning about inflation ahead?

    Markets have not priced in a sharp uptick in global inflation

  • Why India’s jewellery market is still sparkling despite record gold prices

    Analysts say that instead of reducing overall spending, many consumers — particularly in the mid-to-premium segment — are choosing fewer but higher-value purchases.

  • Gold holds gains as traders contend with data void on US economy

    Bullion was trading around $4,200 an ounce on Thursday, consolidating four days of gains — the longest winning streak in a month

  • Why is SEBI warning against digital gold?

    SEBI has issued a stark warning about digital gold investments, revealing they operate in an unregulated space with no investor protections, despite their growing popularity among smartphone-savvy Indians

  • Gold rally tempts jewellers with a literal debasement trade

    Surging prices are causing issues even at the top end of the market

  • Stop buying jewellery. Here are four smarter ways to invest in gold

    Why gold still matters in 2025, and how ordinary savers can use modern, low-cost options instead of buying heavy jewellery that never delivers real returns.

  • Is your gold safe in bank lockers?

    Understanding what banks actually guarantee and how you can protect your valuables.

  • Gold or real estate in 2025: What should Indian investors choose?

    Choose liquidity or long-term ownership by matching gold and property to your horizon, risk and cash flow.

  • Personal Finance: Will gold’s shimmer dim?

    Why gold’s role as a portfolio diversifier has strengthened

  • Data Story: India’s Golden ATM

    A massive Rs 1 lakh crore expansion in gold loans in the last six months is unlocking the vast, dormant wealth of India's unproductive family gold hoards

  • Borrowing against gold: Pick between a loan and an overdraft

    A simple guide to choosing the right option based on how much, how long, and how often you need money.

  • India's gold investment demand surges above $10 bn in Sept quarter, says WGC

    Spot gold prices are up 50% so far this year after hitting a record high on October 20 on safe-haven demand driven by geopolitical tensions, US tariff uncertainty and more recently a wave of fear-of-missing-out or 'FOMO' buying

  • India's silver demand eases, premiums fall after festive surge

    Silver premiums over official domestic prices have come down to 25 to 40 cents per ounce this week from more than $5 earlier this month, dealers said

  • Copper, aluminium, zinc hit record-highs as gold and silver's shine fades; what's fuelling the rally?

    Base metals including copper, aluminium, and zinc are rallying on supply shortages, strong industrial demand, and a weaker dollar, even as precious metals see a pullback.

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