Gold prices are soaring, but new tax rules from July 23, 2024, impact investors. Physical gold, ETFs, and mutual funds lose indexation benefits, with higher taxes on longer-term gains. Sovereign Gold Bonds offer tax-free maturity, but secondary market sales now face stricter taxation without indexation.
Gold rate today: Gold prices in Delhi hit a record high of Rs 1,30,300 per 10 grams on Monday, fueled by global safe-haven demand and a weaker rupee. Silver also saw substantial gains, reaching Rs 1,57,400 per kg. Analysts attribute the surge to investor confidence in bullion amidst economic uncertainties and a strong bullish trend.
Overseas investors’ bearish bets on Nifty futures reached record highs last week, reflecting a sustained equity sell-off driven by US tariff actions and a weak Indian currency. Foreign fund managers’ bullish positions are near an all-time low, with concerns over valuations and safe-haven asset preference contributing to the cautious sentiment.
India’s digital payments will undergo a major security overhaul by April 2026, as the RBI mandates a risk-based authentication model. Moving beyond sole OTP reliance, banks will use device, location, and transaction history to detect fraud, balancing security with user convenience.
October 2025 will witness extensive bank closures across India due to major festivals like Diwali and Chhath Puja, as per the RBI holiday calendar. While physical branches will remain shut on various state-specific dates, digital banking services, ATMs, and mobile banking will continue to operate seamlessly. Customers should note that in-person transactions will be unavailable…
Gold price prediction today: Gold prices are expected to maintain their bullish rally, driven by robust safe-haven demand amid intensifying geopolitical and economic uncertainty, including the US government shutdown and rising Fed rate cut expectations.
Gold prices surged to unprecedented levels globally and domestically, driven by safe-haven demand amidst the US government shutdown and anticipated Federal Reserve rate cuts. MCX gold futures hit new records, with the February 2026 contract reaching Rs 1,20,845 per 10 grams. Silver also rallied significantly as investors sought safety, despite mixed physical demand.
Japan’s Nikkei 225 surged over 4% to record highs after Sanae Takaichi’s election as LDP leader, with investors optimistic about her pro-market policies. The yen weakened amid expectations of higher public spending. Analysts noted Takaichi’s election, strong corporate sentiment, and a global oil rebound boosted confidence, though short-term corrections are possible.
AIIB chief economist Erik Berglof states US tariffs create unprecedented global uncertainty, surpassing Covid or GFC impacts. He notes China’s preparedness and leverage, while global supply chains remain robust, with “China plus one” benefiting nations like India. Berglof emphasizes India’s need for greater integration into Asian value chains, despite its domestic focus.
RBI’s tokenization initiative has significantly reduced fraud and improved transaction success rates since 2022. Now, Visa is introducing its Payment Passkey, a biometric and cryptographic authentication alternative to OTPs, which has shown nearly 50% lower fraud rates. This move, supported by RBI’s flexible framework, positions India as a global leader in secure and innovative digital…
