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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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  • 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.

  • 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.

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