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The Latest Breaking News from Gold

Gold volume growth may dip 10–15% after duty hike, say jewellers

India's gold and silver import duty hike may affect jewellery sales volumes initially. Industry leaders believe demand will stay strong due to gold's cultural and investment importance. Consumers might opt for lighter jewellery. The government aims to conserve foreign exchange and boost domestic gold recycling. Initiatives are underway to encourage…

The Economic Times

Grant Cardone Says 'Bitcoin Is the Real Thing' — Claims Gold Sellers Lose 20–30% Trying to Cash Out

Real estate mogul Grant Cardone favors Bitcoin over gold and silver. Discover his innovative strategy combining crypto and real estate, and his bold predictions for Bitcoin's future value.

International Business Times UK

Why are gold and silver prices down today, and will precious metals continue to fall or rise again? Gold falls after US inflation data reduces rate cut hopes

Why are gold and silver prices down today, and will precious metals continue to fall or rise again? Precious metals declined after strong US inflation data reduced hopes of interest rate cuts. A stronger US dollar also weighed on bullion demand. Investors are watching producer price data and a Trump-Xi…

The Economic Times

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Will Gold Hit $6,300 in 2026? JPMorgan's Bold Forecast Keeps Investors Watching Closely

JPMorgan forecasts gold could reach $6,300 per ounce by 2026, driven by central bank buying and global tensions. Analysts remain divided, with some predicting lower prices.

International Business Times UK

Gold import duty hike in US may have led to insider trading, says Zerodha’s Nithin Kamath

Zerodha CEO Nithin Kamath highlighted the tight regulation in Indian financial markets following a surprise import duty hike on gold and silver. He noted the absence of unusual trading activity before the announcement, contrasting it with potential scenarios in Western markets where privileged information might be exploited.

The Economic Times

What should you do with your gold investments as gold import duty increases to 15%?

Gold prices surged after the government raised gold import duty from 6% to 15%, impacting MCX, IBJA rates, ETFs, and jewellery retailer prices. Experts advise existing investors to hold gold as a hedge against inflation and global uncertainty, avoiding panic selling. New investors should opt for staggered buying instead of…

The Economic Times

Auction Expert Breaks Down The 20 Rarest Historical Treasures Ever Sold In History

What drives someone to spend $80 million on a centuries-old ceramic bowl? Or millions more on a faded manuscript, a single jewel, or a fragile piece of paper preserved through history? These extraordinary auction prices are not simply about wealth, they reflect the moments when humanity collectively decides that certain…

Bored Panda

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PM Narendra Modi's convoy reduced to just two cars, watch viral video

Prime Minister Narendra Modi has significantly reduced his convoy size to just two vehicles during recent domestic travel, a move also adopted by Union Home Minister Amit Shah. This austerity push, aimed at fuel conservation and sustainable practices, aligns with the PM's appeal for reduced fuel and gold consumption, prompting…

The Economic Times

Silver rate today: Silver prices surge across IBJA, MCX, MMTC-PAMP after import duty on white metal increased

Silver prices saw a significant jump on May 13, 2026. This surge followed the government's decision to increase customs duty on silver imports. Global geopolitical tensions and inflation worries also contributed to the price rise. Experts predict higher domestic prices and potential impact on consumer demand. The duty hike aims…

The Economic Times

Amal Clooney's Vintage McQueen Gold Gown Proves Celebrity Style Is Better the Second Time Around

Re-wearing is the new power move in celebrity style. Amal Clooney's vintage McQueen gold gown proves vintage fashion isn't just a trend—it's a statement.

Fashion Times

Gold can strengthen portfolio diversification without sharply increasing volatility: WhiteOak Capital MF

A study by WhiteOak Capital Mutual Fund suggests gold can do more than just act as a safe-haven asset, helping improve portfolio returns when combined with equity and debt investments. Analysing data from September 2001 to April 2026, the study found that adding equities to debt portfolios boosted returns without…

The Economic Times

54 Posts From ‘Memes.com’ That Show Why The Internet Never Disappoints

This time, we stumbled upon an absolute gold mine of internet humor from the Instagram page ‘Memes.com.’ With more than 6 million followers, the account has built a massive community of people who clearly appreciate a good laugh and painfully relatable content. The page perfectly blends sarcasm, irony, nostalgia, pop…

Bored Panda

Manappuram Finance, IIFL Finance, other stocks rally up to 11% as gold prices soar after import duty hike

Shares of gold financiers Manappuram Finance, Muthoot Finance and IIFL Finance rallied sharply after the government raised import duty on gold to 15%, triggering a surge in domestic gold prices. Higher gold prices improve collateral value for gold loans, potentially boosting lending demand and benefiting companies focused on gold-backed financing…

The Economic Times

Higher gold import duty may boost gold loan demand, says Nirmal Jain

Increased import duties on gold, while potentially impacting jewellery demand, present new opportunities for the gold loan industry. Higher gold prices boost collateral value, enabling larger loans for borrowers, particularly MSMEs needing working capital amidst economic pressures. The gold loan sector largely relies on existing jewellery, not new purchases, thus…

The Economic Times

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The Economic Times

DRI, Customs officers to intensify vigil on gold smuggling post import duty hike

Revenue intelligence and customs officials are preparing to tighten surveillance across airports, seaports and land borders after India raised import duty on gold and silver to 15%. Authorities plan to increase monitoring of smuggling routes, carrier networks and foreign syndicates to prevent a revival in illegal gold trade following the…

The Independent UK

Australia’s Gold Coast abandons plans to build ‘toxic’ new Trump tower

Developer blamed ‘toxic’ Trump brand and Iran war for the project’s collapse

The Economic Times

India rolls out new gold math with import duty hike. Who will foot the bill?

India has sharply raised import duties on gold and silver to 15% from 6% to curb demand, protect the rupee and preserve foreign-exchange reserves amid rising risks from the Middle East conflict. The move follows Prime Minister Narendra Modi’s appeal to avoid unnecessary gold purchases and foreign travel.

The Economic Times

Gold imports from Dubai may rise after duty hike: GTRI

India's recent hike in import duties on gold and silver opens the door for enhanced trade relations with Dubai. Thanks to the India-UAE trade agreement, gold coming from Dubai will incur a more favorable 14 percent duty, a welcome change from the anticipated 15 percent. This scenario creates an exciting…

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The Economic Times

Jewellery stocks take Rs 60,000 crore hit in 3 days on govt's double-blow. Is the worst behind?

Jewellery stocks have plunged up to 20% in three sessions, erasing nearly Rs 60,000 crore in investor wealth after PM Narendra Modi urged households to defer gold purchases and the government hiked import duties. The double blow has rattled sentiment, though analysts see no structural threat to India’s long-term gold…

The Economic Times

22k gold rate today: Check 24k, 22k, 18k gold prices (May 13, 2026) on IBJA, Malabar Gold & Diamonds, Joyalukkas, Tanishq and Kalyan Jewellers

Gold prices surged on Wednesday, May 13, 2026, following a government increase in customs duty from 6% to 15% to curb imports. This duty hike is expected to further elevate domestic bullion prices, potentially impacting jewellery stocks and consumer demand, with significant price jumps observed across major brands.

The Economic Times

Gold import duty hike triggers buying rush and volume concerns, says Senco Gold MD

India's gold jewellery market is adjusting to a new reality. An import duty hike is causing consumers to rush purchases. Industry experts predict a drop in sales volumes. Consumers are expected to opt for lighter, lower-value jewellery. This shift could also benefit retailers through higher margins on lower karatage items.…

The Economic Times

'Husbands support PM's no-gold buy appeal for a year' Memefest erupts over social media, check hilarious posts on 'gold rush'

Prime Minister Modi's call to reduce gold buying has sparked widespread online humor, with husbands across India celebrating the appeal. Social media is flooded with memes and jokes, portraying this as a long-awaited government endorsement for delaying expensive jewelry purchases and prioritizing savings.

The Economic Times

'Rich Dad Poor Dad' Robert Kiyosaki warns global economy is about to crash in 2026, but says it will be a good news for those...

Robert Kiyosaki's latest warning: As India sharply raises import duty on gold and silver to 15%, precious metal prices are surging — and now Robert Kiyosaki’s latest warning about an economic crash is going viral online. The Rich Dad Poor Dad author says silver remains one of his best investments…

The Economic Times

The 2013 ghost returns: Will higher gold duties actually restrict imports or just fuel the grey market?

India’s shock hike in gold and silver import duty to 15% has revived memories of the 2013 crisis. While the move aims to curb dollar outflows and stabilise the rupee, experts warn it may simply push more demand into the grey market, with limited impact on India’s structural gold appetite.

The Economic Times

Gold import duty hike inflates prices, raises smuggling risk: Gem & Jewellery Export Promotion Council

The Gem and Jewellery Export Promotion Council has urged the government to discuss ways to control gold imports. They state that increasing import duties only raises prices and does not reduce imports. Higher duties also encourage smuggling and increase export costs. The council suggests promoting lower-carat gold jewellery and reviving…

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