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
The recent volatility in silver prices and leveraged positions have led to some investors lowering their exposure. Retail investors should evaluate their own positions
A dramatic unwind which recently hit gold and silver markets recently, erased a significant of their record breaking January gains last week.
Scott Bessent was responding to a question about a record-breaking rally in precious metals — fueled by speculative buying, geopolitical turmoil and concern about the Federal Reserve’s independence
Archaeologists in Bulgaria have uncovered 6,500-year-old gold artefacts in an ancient grave, revealing evidence of early social elites and advanced metalworking in prehistoric Europe.
Central banks’ gold purchases fell below 1,000 tonnes in 2025 after three record years, as high prices led to caution.
Despite the ongoing rebound, gold and silver, along with their respective ETFs are yet to scale back to their lifetime highs which they hit in late January this year.
Rajinikanth met Padma, a sanitation worker praised for returning lost valuables, applauding her integrity after Tamil Nadu Chief Minister M K Stalin honoured her with a Rs one lakh cheque.
Investors should view gold and silver ETFs as part of a longer-term portfolio allocation rather than reacting to short-term price movements, say experts
Spot gold climbed as much as 4.2% to over $4,855 an ounce, after falling 4.8% in the previous session
When prices are making headlines, the urge to buy feels logical. But with precious metals, timing and expectations matter more than momentum.
After a sharp 15 percent correction in gold prices since Jan 30, the central bank is said to have sharpened its oversight on banks and NBFCs
Spot gold fell as much as 10% on Monday and is now down almost a fifth from an all-time high reached in the last-but-one session
Under the proposed changes, the exemption will apply only to investors who purchase the bond at its original issue price set by the RBI and hold it until maturity
A viral video from China shows a man extracting 191 grams of gold from SIM cards, triggering an online frenzy and fresh warnings about hazardous chemical reactions.
Spot gold fell as much as 6.3% on Monday. Silver swung sharply, dropping to around $75 an ounce having earlier climbed as much as 3.2%.
Gold and silver prices crashed globally after profit booking and rising expectations of a hawkish U.S. Federal Reserve chair.
Experts advised investors to diversify, avoid panic selling, and eye rebounds from central bank demand.
The increase means those who want to trade futures of gold, silver, platinum and palladium will need to put up more collateral to ensure they can meet their obligations.
With infrastructure demand assured, the metals sector looks to Budget 2026 for cost relief, supply security and policy stability rather than fresh incentives.
The precious metals, viewed as safe-haven investments, had already begun sliding on reports, later confirmed, that Trump had nominated former Fed official Kevin Warsh to replace Jerome Powell as chair of the US central bank.
Copper fell almost 4% in London, after surging above $14,000 a ton for the first time Thursday in its biggest intraday jump since 2008.
Spot gold dropped 5.8% to $5,081.52 per ounce at 09:37 a.m. ET (1437 GMT), after retreating to an intraday low of $4,957.53 earlier. U.S. gold futures for February delivery slipped 4.1% to $5,079.60
The sharp fall in gold and silver's global prices comes amid speculations that the US Federal Reserve may get a more hawkish chair.
The price of bullion has skyrocketed is recent weeks, with the yellow metal advancing more than 20% since the start of January, despite a pullback on Friday
The precious metal had climbed more than 20% just this month, with some technical indicators pointing to a near-term price correction.