The world’s second largest economy China has taken a big step regarding the gold market! From November 1, 2025, Beijing is now going to end VAT tax exemption on gold sales. With this decision, gold may become costlier in China by 3% to 5%, which will have a direct impact on the pockets of the common consumer. Actually, China’s economy is currently going through a slowdown, and the government needs to increase its revenue. That is why now the decision has been taken to increase the tax on gold. But it will also have a direct impact on countries like India — because when demand in the world’s largest gold market decreases, gold prices in India may remain stable for some time. However, experts say that gold will still remain strong in the long term, because continuous purchases by central banks, interest rate cuts in America and geopolitical uncertainty will keep it a safe-haven asset.

Gold Reserves: Amidst the ever increasing prices of gold, everyone’s attraction towards it is increasing. Central banks around the world are also purchasing gold extensively and reserves are being increased. This is believed to be the largest stockpile expansion in decades. However, this step is not being taken just because there is going to be a shortage of gold or there is some kind of fear, but it is a strategic decision.

Why is the stock being increased?

At a time when geopolitical tensions and economic instability persist, gold is considered the safest option for investment. According to market experts, this rise in gold prices will continue next year also. According to Morgan Stanley, the price of gold may reach $ 4,900 per ounce in the year 2026. Goldman Sachs says that when traditional currencies fall, the prices of gold and Bitcoin go up rapidly. RBI is expected to purchase about 900 tonnes of gold in the year 2025, which is more than the average for the fourth consecutive year.

According to Manoranjan Sharma, Chief Economist of Informatics Ratings, this increase in gold purchasing is different from the traditional pattern. He says that much of the gold reserves are driven by de-dollarisation efforts, especially in emerging markets such as China, India, Russia, Turkey and many Middle Eastern countries.

Doubt on traditional currencies

Another reason is that according to the IMF’s COFER database, the US dollar still holds about 58 percent of global reserves, but its dominance is gradually decreasing. This dominance position of the dollar is now facing challenge not only for economic reasons but also for political reasons. Recent financial sanctions imposed on Russia and the possibility of similar measures being taken against other countries have made many governments hesitant to invest heavily in US assets.

On the contrary, gold is outside this entire system. It can be stored domestically, sold and bought globally, and is not bound by the policies of any one country. This is why gold has become particularly attractive for emerging economies, which want to protect themselves from the influence of Western monetary power.

Also read: Such was the journey of Piyush Pandey, who gave punchlines like ‘Thanda means Coca Cola’, ‘Do Boonde Zindagi Ki’.

Gold price today: Gold prices were seeing a rapid rise for a week consecutive weeks. However, the price of gold on the Multi Commodity Exchange (MCX) suddenly reduced by more than Rs 1400 on the Multi Commodity Exchange (MCX) with a mere announcement on US President Donald Trump’s Truth social media. Actually, Trump has announced to keep the gold away from the tariff.

What did Trump say?

Trump said on his Truth Social on Monday that he is giving the gold bar exempted from the tariff. A few days after the decision of the Department of Customs and Border Security, Trump announced this, stating that the Gold Bullion Recipe is under the tariff. As soon as Trump said on Monday that there would be no tariff on gold, there was a huge decline in the futures of gold.

Earlier, gold futures sent from Switzerland and other trading and refining hubs had accelerated as there was speculation that 1 kg and 100 ounces of gold rods would be brought under the custom code by the US Customs and Border Security Department. That is, they will be targeted.

At the same time, as soon as Trump said on his social media post on Monday, “Gold will not be tariff!” On the New York Mercantile Exchange, the August delivery gold futures fell by more than 2 percent.

The US has recently imposed 39 percent tariffs on goods imported from Switzerland. Now Switzerland has a large store of gold. Gold is exported to all countries from here. India also takes gold from here on a large scale. In such a situation, if the tariff is removed from the gold, then there will be a decline in the futures of gold in the international market. This will also reduce prices in India.

Trump’s decision reduced prices

Explain that the US Customs and Border Security Department (CBP) classified gold from Switzerland under a special custom code (HS code). Under this, 39 percent tariffs were to be applied on 1 kg and 100 ounce gold rods. Here, these gold rods are usually used for delivery in American futures markets. Due to this, gold futures were accelerated on Thursday and Friday, but now Trump’s new decision has reduced prices.

What is the price of gold on MCX?

With the new announcement of Trump, the MCX Gold Price fell by Rs 1409 or 1.38 percent on Monday. The price of gold of 999 purity had risen by Rs 1,01,199 on Monday. At the same time, with the low price on Monday, it was reduced to Rs 1,00,389 per 10 grams. Gold opened with a decline during futures trading on Tuesday. So far, the all -time high level of gold on MCX is Rs 1,02,250 per 10 grams. That is, gold has become cheaper by Rs 1861 than this.

Gold pris today: There has been a decline in the price of gold in India amid a decrease in geopolitical tension. For the first time this year, on 23 April, after touching the level of gold historic one lakh rupees, it declined sharply. But since then, once again its price is constantly seeing fluctuations. On Monday 30 June 2025, 24 carat gold is being sold at the rate of Rs 97,583 per 10 grams, while the price of 22 carat gold is Rs 89,463 in early trade. If you talk over all, then the price of both 22 carat and 24 carat gold has declined today.

The fresh sense of your city-

In the national capital Delhi, 22 grams of gold per 10 grams per 10 grams, while 24 carat gold is being sold at the rate of Rs 97,583. While 22 carat gold in the financial capital Mumbai is trading at Rs 89,317 while 24 carat gold is trading at Rs 97,437.

In IT hub Bangalore, 22 carat gold is being sold at Rs 89,305 while 24 carat gold is being sold at Rs 97,424. Similarly, 22 carat gold is being sold in Chennai at Rs 89,311 while 24 carat gold is being sold for Rs 97,431. In Kolkata, 24 carat gold is trading at Rs 97,435, while 22 carat gold is trading at Rs 89,315.
Due to a decrease in commercial tension between US and China and weak dollars, the price of gold in the international market on Monday showed a rise. However, the spot gold is sold at 0.3 percent i.e. 3,281.65 an ounce.

Canada’s Trump threatened

Significantly, there was an agreement between China and America on the matter of rare meaning. Here, US President Donald Trump has stopped business talks with Canada due to tax imposing tax on the US firm on behalf of Canada. Along with this, Trump has threatened that he will implement new tariff rates over Canada within a week.

Also read: Market opened in red mark despite global boom, 124 points rolled Sensex, these stocks boom

Gold has always been considered as safe hasn. That is, whenever something bad happens in the world or is going to happen, then big investors from all over the world invest all their money in gold. This is the reason that whenever the situation between two countries is serious, the prices of gold starts increasing. But, this time the matter is something else. Let us know why the countries of Europe are asking for their gold back.

Why are the countries of Europe asking for gold

In fact, US President Donald Trump’s possible return to power has alerted the countries of Europe to its gold reserves. Now the voice is raising from many European countries that their gold kept in America should either be brought back or should be fully examined and audited.

Why EU’s gold in America’s chests?

European countries like Germany, Italy and France stor their large part of their large parts at the Federal Reserve Bank of New York in the US or Bank of England in London. There are historical and economic reasons behind this, such as the instability after World War II and reliable system in international transactions.

Taxpayers Association of Europe (TAE) open appeal

Taxpayers Association of Europe (TAE) has clearly stated that European countries should get their gold back from America or at least its inventory and independent audit. TAE believes that gold is not required to come back in its own country, but it should have complete reach and transparency.

Why worry about Trump and US Federal Reserve?

The report said that Trump has repeatedly questioned the freedom of US Federal Reserve, especially on interest rates. Trump wanted the Fed to be more directly under the control of the White House. In such a situation, there is a possibility that if the US says that returning their gold to foreign countries is “unfair”, then what will happen? For example, German MPs were not allowed to see gold kept in the American chest earlier, which raised questions on transparency.

Where is the gold of Europe kept?

Although it is not public that how much gold of EU countries is kept in the US or London, according to reports, about half of the Gold of Germany is in the 80 feet deep vault of the Federal Reserve Bank of New York, which is located under the rocks of Manhaton.

Why is the demand for gold increasing?

In the last three years, 2022, 2023 and 2024, central banks from all over the world bought more than 1000 tonnes of gold every year, which is more than the average of the previous decade (400–500 tons). Two big reasons are being considered behind this. The first rising inflation and the second international political instability. The European Central Bank report states that gold has now become a big foreign exchange reserve asset than the Euro.

Also read: Anil Ambani did another amazing, stock ran at the speed of rocket as soon as the information came out

Gold Price: Gold prices have now reached their peak and in the next two months it can fall by 12 to 15 percent. No one else has expressed this estimate by Quant Mutual Fund. However, the fund says that gold will still be important for medium and long -term investors.

Gold fall in gold

If you look at the current situation, the price of gold in the retail market on Tuesday was Rs 96,960 per 10 grams. It reached 99,868 after adding GST. But if analysts believe, then these prices can go down significantly in the coming weeks.

Morningstar’s big claim

The US -based financial analyst group Morningstar has made even a bigger claim. He has said that in the coming few years, it is possible to fall by 38 percent in gold prices.

Prices increased, sales of jewelry decreased

Increasing gold prices have affected the sale of jewelers. According to the India Bullion and Jewelers Association (IBJA), there has been a 30 per cent decline in sales of gold jewelery in India in the last 15 days. The biggest reason for this is a rise of up to 5 percent prices.

Enthusiasm after Akshaya Tritiya

Talking to IBJA National Secretary Surendra Mehta Economic Times, he says that there was a little demand during the first week of May, ie Akshaya Tritiya, because at that time gold had fallen to Rs 92,365 per 10 grams. But after that prices started climbing again and due to this the buyers started retreating.

So why was gold increased?

The reason for recent boom was global economic uncertainty, fear over inflation and geopolitical stress. Trade disputes between the US-China also turned investors towards gold. But now the same factor can work to push the prices down.

Actually, tension between the US and China seems to be deepening again. Donald Trump has accused China of breaking the terms of the agreement. This week, a phone call is being expected between Trump and Chinese President Xi Jinping. The market is closely monitoring this.

Europe also angry

On the other hand, the European Union is pressurizing the US to reduce fees. But the US is proceeding on the plan to impose 50 percent tax on steel and aluminum. Not only this, the US is seeking a hurry on trade proposals from other countries so that the talks can be intensified.

What to do investors?

Quant Mutual Fund suggests that gold should remain in your portfolio, but it would be better to be cautious for the next few months. Those who have bought at high prices, be mentally prepared for the decline.

Also read: Multibagger Penny Stocks: Paras stone of stock market, only 3 thousand and made 23 crore rupees in a day

The Central Bank of India, the Reserve Bank of India (RBI), has increased its gold reserve in the second half of FY 2024-25. The RBI bought about 25 tonnes of gold during this period, causing India’s total gold reserves to 879.59 tonnes by the end of March 2025. In the end of September 2024, the figure was 854.73 tonnes.

The highest annual purchase in 7 years

Talking about the entire FY25, RBI bought more than 57 tonnes of gold, which is the highest annual purchase in the last seven years. The special thing is that this purchase has been done at a time when gold prices were seen in the global markets about 30 percent.

Where has RBI kept so much gold?

According to the RBI official Half-Ailly report, 511.99 tonnes of gold has been kept in India by March 2025. At the same time, 348.62 tonnes of gold has been preserved in England’s Bank of England and Bank for International Settlements (BIS). While 18.98 tonnes of gold is in the form of gold deposits.

The biggest domestic transfer since 1991

In the first half of FY25, RBI transferred its big part of Gold Reserve to India. The storage which was around 408 tonnes by 31 March 2024 increased to 510.46 tonnes by September 2024. It is considered to be the biggest domestic gold movement after 1991. At that time, India had to mortgage its gold while struggling with the foreign exchange crisis.

Foreign exchange reserves decreased, but gold stake increased

India’s total foreign exchange reserves have come down to $ 668.33 billion at the end of March 2025, while in September 2024 it was $ 705.78 billion. However, despite this decline, gold’s stake has increased from 9.32 percent to 11.70 percent. Through this Forex Reserve, India can cover the import of 10.5 months, which is slightly less than before. This cover was 11.8 months in September 2024.

Why did RBI do such a big gold investment?

This step has been taken keeping in mind the global geopolitical stress and international economic uncertainties. Gold is always considered a safe investment and in the current international situation, RBI wants to make its reserve safe and diverse.

Also read: India-Pakistan tension and Trump’s trade war, China’s stock market is going to come in destruction!

Gold prices in India are now coming down from their all -time high one lakh. In such a situation, there is a question in the minds of many people whether it is right to buy gold at this time or should wait for the price to fall. Talking about 4 May 2025 today, there is no news of any major change in gold prices in India on this day.

In Mumbai today, the price of 22 carat gold was 87,550 per 10 grams and 24 carat gold was 95,510 per 10 grams. Comparison, the same rates on Friday were 87,740 and 95,720 per 10 grams, that is, there has been a slight decline in them as compared to Friday.

What gold rate in other cities of the country

In Delhi and Jaipur, 22 carat gold is being sold at 87,700 and 24 carat at Rs 95,660 per 10 grams. In Ahmedabad and Patna, 22 carat gold is being sold at 87,600 and 24 carat at Rs 95,560 per 10 grams. In cities like Mumbai, Hyderabad, Chennai, Bangalore and Kolkata, the price of 22 carat gold is 87,550 and 24 carat gold at 95,510 per 10 grams. Along with gold, silver prices also remained stable. In Mumbai today, silver remained at the level of 98,000 per kg, which is the same as Friday.

Because of which the prices of gold and silver are affected

According to experts, the prices of gold and silver in India depend on the international market, import duty, government tax, and the exchange rate between dollars and rupees. Apart from this, the cultural and family importance of gold in India also determines its demand, especially in the wedding and festivals.

If we look at the current situation in the market, investors and jewelry buyers should keep an eye on the ups and downs in the prices. Gold prices are currently about 7,000 below their highest level, causing some experts to consider it a suitable opportunity for shopping.

Also read: Greg Abel … ever washed the bottles of 72 lakh crores company! Know the real story of Warren Buffet’s heir

Gold has once again emerged as a safe haven for investors. In the first four months of 2025, gold has risen to about 25 percent and has reached its highest level on both MCX and COMEX international exchanges. It is believed that this boom in gold has come due to trade war, inflation pressure and inclination towards ‘safe haven’ properties of investors.

Trade war increased demand

Experts believe that the ongoing trade tension between the US and China, the growing war -like situation and inflation has attracted investors towards gold. Apart from this, gold shopping by central banks around the world is also strengthening prices.

Talking to The Mint, Navneet Damani, Group Senior Vice President of Motilal Oswal Financial Services, says that gold has emerged as a stable property amidst policy uncertainty, global inflation and instability of geopolitics. The increasing interest of central banks and investors is giving it further strength. According to Damani, in view of the current situation, the strategy of ‘by -on dips’ for the long term from medium is being considered better.

Buy or wait now?

If you want to buy gold now, then you probably need to stop. Actually, gold is still at its top level and there is every possibility of profit recovery and correction from here. In such a situation, if you invest in gold at this rate and after your investment, your money can get stuck.

Strategy for long term investors

For investors who want wealth preservation or geopolitical risk in the long term, there is still the right time to invest in gold. However, this investment should be made with the strategy of Dollar Cost Averagging. That is, gradually shopping in installments so that investment can be made at average price.

Disclaimer: (The information provided here is being given only for information. It is necessary to tell here that the investment in the market is subject to risks. Always consult expert before investing as an investor. Abplive.com is never advised to invest money here.)

Also read: Vijay Kedia told how you can become a millionaire! Said- salary of millions is not needed, watch video

From the era of kings and emperors to today’s billionaires, one thing that has always been special is gold. In olden times, it was not just a sign of wealth, but a symbol of power and pride. Time has changed, but the glow of gold and its importance remains the same today.

Especially in the era of economic uncertainty, gold has emerged as the safest investment, which is still called the ‘king of uncertainty’. In today’s world, gold is well liked not only in jewelery but also as investment. Be it central banks, billionaire investors or common man, gold is present in some form or the other portfolio.

Who has the most gold?

According to the report of Financial Express, if we talk about government reserves, America is at the forefront. By December 2024, the US had 8,134 tonnes of gold, which is the highest in the world. This is followed by the number of Germany, China and India. India has 876 tonnes of gold, which is included in the national reserve.

But the real shocking figure comes when we talk about gold kept by the general public. According to reports, Indian families have about 24,000 tonnes of gold, which is equal to the total stock of central banks from all over the world. The people of China are at number two, who have about 20,000 tonnes of gold.

How much is it right to invest in gold

The price of gold in India at this time has reached Rs 95,240 per 10 grams and soon it can touch the figure of 1 lakh. At the same time, gold is trading at $ 3,333 an ounce in the international market, which has given a return of about 40 percent in the last one year. In such a situation, experts recommend that 10 percent of your portfolio is a sensible step to invest in gold. So next time you buy a gold ring or coin, do not consider it just a jewelry or gift, but consider it a strong cover of your economic security.

Also read: 8th Pay Commission Date: Big news related to 8th Pay Commission, Modi government is going to make new appointments in 35 posts