gold price

Over ₹12 trillion and interest! What government owes to Sovereign Gold Bond holders | Mint

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The government will have to pay its Sovereign Gold Bond investors ₹12,06,92,00,00,000 if it were to redeem all outstanding bonds as of yesterday (April 1, 2025). That is a little over ₹1.2 trillion, or ₹1.2 lakh crore, with April 1 gold price of ₹9,284/gram. The government, in a written reply to the Parliament, has said … Read more

How Gold ETFs hold an edge over physical gold for diversification

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Given the current gold prices and the average consumption over the past five years, India is expected to consume gold worth approximately $70 billion in 2025. While concerns over the widening current account deficit (CAD) persist, they often overshadow the broader perspective. Gold continues to provide a buffer for Indian households during economic turbulence and … Read more