Gold prices in India rose on Wednesday and this increase follows gains in international gold prices. The rise in gold rate today comes ahead of the US Federal Reserve’s interest rate decision and growing tensions in the Middle East. On the Multi Commodity Exchange (MCX) the gold rate today went up by ₹300 or 0.43%

The power of words often surpasses that of actions. Finance Minister Nirmala Sitharaman proved it with a single announcement. She cut the customs duty on gold in the Union Budget 2024. This led to a sharp fall in gold prices, Over ₹10.7 lakh crore wipe off in one day. This event marked one of the

The Union Budget 2024 presented on July 23 brought significant changes to the customs duties on precious metals. Finance Minister Nirmala Sitharaman announced a reduction in customs duties for gold, silver, and platinum. This decision is taken to make jewelry made from these metals more affordable. Therefore the gold and silver prices drop have made

As gold prices surpasses the $2,300 mark for the very first time, due to geopolitical tensions and expectation of the US interest rate cuts, China’s role in yellow metal’s demand is now under spotlight. The People’s Bank of China (PBC) continues to lead the race, buying gold for 17 consecutive months. As a result of