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
Gold feels safe to hold, but knowing when to sell is what actually protects your money.
Without any signs the conflict in the Middle East is abating, the S&P 500 extended this month’s decline
Though bullion declined nearly 17% from the start of the war in late February to Monday’s close, it had previously been on a prolonged rally underpinned by factors including geopolitical and trade tensions and elevated purchases by central banks.
Archaeologists discover the world’s oldest gold in a 6,500-year-old grave in Bulgaria. There are almost 300 ancient graves on the site, but Grave 43 hold over 1.5 kilograms of gold. Scientists believe that humans had already developed advanced metallurgy during the Copper Age.
The rule of investing is that there is no one-size-fits-all. The right allocation is not decided by market conditions alone but by an investor’s goals, time horizon and ability to handle volatility
Why Gold & Silver Are Falling Despite US–Iran War | Market Mystery Explained Desc : Gold and silver are falling despite rising geopolitical tensions in West Asia. Traditionally seen as safe-haven assets, precious metals are behaving unexpectedly during the Iran war. So what’s driving this decline? From profit booking and ETF selling to rising bond yields and a stronger dollar, multiple factors are pushing gold prices down. Even inflation fears and high oil prices are playing a surprising role. Watch to understand why gold is not shining in times of crisis and what it means for investors.
Bullion slipped as much as 2.1% as the dollar and bond yields rallied after a Wall Street Journal report that the Pentagon is sending three warships and thousands of additional Marines to the Middle East
Gold slid as much as 6%, on track for its longest losing streak since 2023
Investors should stick to a disciplined allocation strategy, use price dips to increase exposure while keeping precious metals as a long-term hedge within diversified portfolios, say experts
The expert further said that the convergence of dollar strength, delayed rate-cut expectations, elevated oil prices, and weakening physical demand creates a challenging environment for precious metals
Throughout the discussion, panellists agreed that although gold maintains cultural and financial significance, disciplined asset allocation is much more important than attempting to time the market
Spot gold was up 0.2% at $5,087.61 per ounce, as of 0927 GMT, but was set for a 1.7% weekly drop. U.S. gold futures for April delivery fell 0.16% to $5,092.60
Deliveries of physical gold to and from Dubai - a major hub supplying Switzerland, Hong Kong and India - have been affected since the start of the US–Israeli war on Iran on February 28
Gold is doing what it did for millennia, provide stability
Discounts in Dubai have caught travellers’ attention, but customs limits and duties still determine how much gold can actually be brought home.
Any sign that the White House is prepared to end the war with Iran — now in its second week — could lift some of the pressure that has weighed on gold.
Rising geopolitical tensions and inflation worries are driving global investors back to gold, swelling the value of the precious metal market.
Bullion rose as much as 0.9% to top $5,180 an ounce, wiping out a decline in the previous session.
Spot gold was down 1.7% at $5,080.99 per ounce at 11:10 a.m. ET (1510 GMT). U.S. gold futures for April delivery were down 1.3% at $5,089.80
The Karnataka CID is probing Jar Gold Retail Pvt Ltd under the BUDS Act, following regulatory alerts and a police FIR alleging that the platform collected money from public through an unregulated scheme.
Escalating tensions in West Asia have triggered a global oil shock, with crude prices surging past $115 and raising fresh concerns over energy supply. Production cuts by Iraq, Kuwait, and the United Arab Emirates have intensified worries about disruptions around the Strait of Hormuz, a key artery for global oil trade. Surabhi Upadhyay speaks with Manisha Gupta on whether India could face an oil or LNG supply shock and how the global energy market may respond if the crisis deepens.
Precious metals have witnessed a sharp surge in investor inflows, reflecting a pattern where money flows into assets after strong price rallies
A villager in Hunan, China, found 10g of gold inside a duck, a rare discovery echoing Tang dynasty practices, while rising gold prices have made the metal a popular investment.
Households collectively hold 30,000–35,000 tonnes of gold valued at about Rs 450 lakh crore, while residential real estate assets are estimated at around Rs 500 lakh crore. Much of this wealth remains locked in physical assets that generate limited financial returns, says Sashi Krishnan
Gold and silver futures on MCX ended marginally higher, with gold rising 0.15 percent to close at 159920 per 10 grams and silver gaining 0.12 percent to settle at 262499 per kg.