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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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  • Gold prices seen firm next week as Fed rate cut hopes grow; silver may cool

    On the domestic front, gold futures on the Multi Commodity Exchange (MCX) rose Rs 3,698, or 2.7 per cent, over the past week, touching a record high of Rs 1,43,590 per 10 grams on Wednesday

  • India’s silver imports up 129% on price rise, supply concerns

    The surge in silver imports comes at time when gold has slipped and petroleum growth slowed, likely driven by global price spikes and China export curbs

  • Gold edges past $4,600/oz as Powell-Trump rift stokes safe-haven demand

    Spot gold jumped 1.3% to $4,566.80 per ounce by 0410 GMT. Bullion hit a record high of $4,600.33 earlier in the day

  • Budget 2026 Expectations: Fewer customs duty slabs on gold, simplified tariff structure soon

    India's gold market seeks reforms, including lower customs duties and tax breaks, to unlock potential and become a global trading hub.

  • Indian Gold ETFs see $1.25 billion inflows in December, highest ever

    For the full year, inflows into Indian gold ETFs reached $4.68 billion, the highest on record for any calendar year. This compares with $1.29 billion in 2024, $310 million in 2023, and just $33 million in 2022.

  • 'Lesson learnt', India to keep gold, silver out of future FTAs to prevent rerouting

    Under India's trade agreement with the UAE, tariff concessions on precious metals contributed to a sharp rise in imports, raising concerns over domestic market disruption

  • Gold grows on trees? Scientists reveal a surprising microbial trick

    Scientists discovered microscopic gold forming inside tree needles. Hidden microbes convert dissolved soil ions into solid metal, offering a greener, innovative approach to exploring underground mineral deposits.

  • Gold, silver set for a volatile week as US data, Fed signals and Maduro fallout keep investors on edge

    Gold and silver prices are expected to see sharp swings in the coming week as investors track key US economic data and assess rising geopolitical uncertainty following the US military operation that captured Venezuelan President Nicolas Maduro

  • Gold, silver stumble at the end of best year since the 1970s

    Spot gold hovered around $4,320 an ounce, while silver slid toward $71

  • Do SIP in gold, silver ETFs in 2026 than waiting for bottom: Experts advise investors as precious metals' prices decline

    After a record bull run, a sharp decline in gold and silver prices should be viewed as a positioning reset rather than a breakdown of the long-term thesis, an analyst said.

  • After historic 2025 gains, which precious metals still have room to run?

    The precious metals rally of 2025 demonstrates that despite being grouped together, each metal follows its own narrative

  • Precious metals see profit booking: Here's why analysts prefer gold over silver in 2026; check support levels

    Silver does offer greater upside potential but comes with higher volatility due to its reliance on industrial demand, an analyst said.

  • Gold, silver, copper prices decline up to 13% after record rally: 4 key reasons behind fall in commodity prices

    Easing geopolitical tensions and China’s export restrictions were among four key reasons behind the downturn.

  • Chart of the Day | Flexi cap funds redefine investor strategy in 2025

    The concentration of flows in flexi cap funds, coupled with rising interest in gold and silver ETFs reveals a market seeking both flexibility and hedging instruments

  • BSE SmallCap turns one of 2025’s weakest global assets; Gold, Silver stand out

    Apart from small-caps, the Philippine's PSEi index and Bitcoin were among the biggest global losers in 2025, declining more than 9 percent and 5 percent, respectively. Other laggards included the BSE MidCap and Jakarta Composite Index, which slipped 4 percent and 0.4 percent.

  • Birth of Gold Hydride: Scientists accidently formed a new compound, proving gold can be "reactive"

    Scientists accidentally created a new compound called gold hydride, showing how extreme conditions can push familiar materials into unfamiliar forms. Gold Hydride challenges assumptions about noble metals and may reshape chemistry and planetary science forever.

  • Gold steadies as traders book profits after rally to record

    Technical indicators supported the selling. Gold’s 14-day relative strength index was in overbought territory Wednesday, a warning that the price could be due for a pause or pullback.

  • Customer bought 22 iPhone 17s, gold coins, eggs worth over Rs 22 lakh on Instamart: 'Top spender'

    The platform's 2025 analysis highlights several record‑breaking patterns: the tiniest cart of the year (a Rs 10 printout in Bengaluru), the biggest single cart (Rs 4.3 lakh on iPhones in Hyderabad).

  • Gold in West Bengal: GSI identifies 9 key sites in several districts of West Bengal

    Scientists have identified nine potential gold-bearing sites in West Bengal. GSI confirms early-stage findings, sparking curiosity and economic interest. Could Bengal become India’s next mineral hotspot? Here is what study says.

  • India keeps dairy, key agri goods, gold out of Oman trade deal

    As part of the trade deal, India will cut duties on about 78 percent of its tariff lines, covering nearly 95 percent of imports from Oman, with sensitive products given access mainly through tariff-rate quotas.

  • Gold imports sink 73% MoM in November, analysts say demand intact

    India’s gold imports fell sharply in November due to a high base from October’s festive stocking and softer demand at record prices, even as year to date imports remain elevated.

  • Budget FY27: Gold import duty unlikely to be changed amid stable CAD outlook

    The government has tightened checks on 'mis-declared' gold and platinum imports. The basic customs duty on the yellow metal has been cut from 15% to 6% in July 2024

  • Gold steady as investors focus on US rate policy next year

    Swap traders are expecting a quarter-point rate cut by the Fed but are now leaning toward two further moves by the end of 2026, down from three signaled barely a week ago.

  • Chart of the Day | After a remarkable 2025 rally, can gold’s momentum continue?

    Gold shattered 50 all-time highs and surged over 60% in 2025—now analysts are asking whether the rally can extend into 2026, with forecasts ranging from cautious optimism to predictions of $5,000 per ounce

  • Gold jewellery a poor investment, financial gold shines brighter: Kotak

    Kotak says making charges and stone costs erode wealth, urging investors to shift to ETFs and bullion.

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