Ibrahim Patel

Due to the lack of proper price discovery for silver across the world, a deal for the delivery of 900 kg of silver between the Government of India company "Security Printing and Minting Corporation of India Limited" (SPMCIL), Hyderabad, and a Mumbai-based bullion firm named "Augmont  Enterprise Limited" has run into trouble, creating a huge  flutter in the Mumbai bullion market.   A silver bullion dealer from Mumbai said that silver traders across the country—including Mumbai, Rajkot, Jaipur,...

An AI bubble meltdown may push investors away from equities and into gold, while a softer dollar and low rates provide foundational support for price gains. Gold has reached once-unthinkable prices at USD 4,468 per troy ounce (31.1347 grams) in 2025, gaining over 72.25 per cent this year as of 23 December 2025. Due to record-high prices in the international market, there is reduced interest in spot buying in the Indian bullion market. In Mumbai, bullion dealers are offering gold at a 1 per...