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More measures on gold coming? Finance ministry asks banks for information on gold loans
In a move that may possibly be a sign of upcoming measures on gold, the finance ministry has directed bullion-importing banks to furnish detailed information on gold metal loans and loans backed by gold from 2023 onwards. Despite a lower import volume of 721 tonnes compared with the previous year, India's gold import bill rose 24% to a record $71.9 billion in 2025-26. The dozen banks involved in gold imports either borrow gold from international lenders and extend it to jewellers through...
Gold price prediction today: Will gold prices see limited upside? Key levels to watch out
Gold price prediction today: Momentum in gold prices remains weak, and markets will track the US-Iran developments for cues, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd. Gold traded under sustained pressure through the week on the hourly timeframe, extending its corrective phase after failing to hold gains above the ₹166,000–167,000 zone. The broader trend remains range-bound to mildly bearish in the short term, with prices consistently trading...
Mining set to restart at one of the NT's biggest gold reserves
Mount Todd gold mine near Katherine gearing up to restart production, with first gold bars set for 2030 Wed 10 Jun 2026 at 12:03pm In short: The long-dormant Mount Todd gold mine, near Katherine, is gearing up to restart production from one of the NT's biggest gold reserves. Traditional owners want "first crack" at mining jobs for local Aboriginal people, though Vista Gold is planning a largely FIFO workforce from the outset. The mine is seeking final approvals and hopes to begin engineering...
Gessel gold hoard: A 3,300-year-old stash of gleaming treasures that's one of the largest Bronze Age hoards from Europe
Gessel gold hoard: A 3,300-year-old stash of gleaming treasures that's one of the largest Bronze Age hoards from Europe The Gessel gold hoard is among the largest treasures ever discovered in prehistoric Europe but has only three pieces of jewelry in it. Name: Gessel gold hoard What it is: 117 gold objects Where it is from: Syke, northern Germany When it was made: Circa 1300 B.C. In April 2011, excavators working on a natural gas pipeline in northern Germany unearthed one of the largest gold...
Singapore pushes to become regional gold hub as demand for bullion rises
Singapore pushes to become regional gold hub as demand for bullion rises Industry players say interest in storing gold in Singapore is rising among investors from markets such as India, Indonesia and Vietnam, drawn by the country's reputation for stability, security and strong governance. Singapore is looking to position itself as a regional hub for gold trading and storage, as demand for bullion grows across Asia. Industry players say interest in storing gold in the country is rising among...
Cheaper gold by Rs 10 lakh - 15% import duty prompts smuggling wave in India
The government's recent hike in gold import duty has fuelled a surge in smuggling, with illicitly imported gold reportedly being sold at discounts of up to Rs 10 lakh per kilogram, creating a significant price gap with legally imported bullion. According to industry participants cited by ET, gold brought into the country through unofficial routes is currently available at a discount of Rs 8-10 lakh per kilogram when compared current domestic market prices. Much of this gold is said to come...
Gold falls to nearly 11-week low before recovering; check outlook for today
Gold is still not out of the woods as oil prices remain elevated with an upside risk. Gold price prediction today: Gold prices continue to be under pressure as crude oil prices remain high, says Praveen Singh, Head Currencies and Commodities, Mirae Asset ShareKhan.
Gold smugglers ‘make a killing’ in India as grey market outshines hefty tariffs
Gold smugglers ‘make a killing’ in India as grey market outshines hefty tariffs Illegal gold imports could exceed 100 tonnes this year, threatening US$2.65 billion in government revenue India, the world’s biggest gold market after China, more than doubled import tariffs to 15 per cent in May to curb demand, cut the trade deficit and ease pressure on the rupee. But the move has created an opportunity for smugglers who are able to offer prices legitimate importers cannot match, they said. The...
How Ebola Spreads Through Gold Mining
new video loaded: How Ebola Spreads Through Gold Mining How Ebola Spreads Through Gold Mining Our chief Africa correspondent, Declan Walsh, reports from the epicenter of the Ebola outbreak on how the gold mining industry and the outbreak are linked. By Declan Walsh, Estelle Caswell, Coleman Lowndes and Arlette Bashizi June 5, 2026 Watch Today’s Videos Advertisement
Is bovine colostrum really 'liquid gold' for gut health?
Is bovine colostrum really 'liquid gold' for gut health? Is bovine colostrum really 'liquid gold' for gut health? Known as "liquid gold," colostrum is the first milk that mammals produce after giving birth.