Mr Muthoot said all traditional gold loan companies under AGLOC have set up robust systems to ensure compliance with the updated guidelines.

Businesswomen in Chennai, Mumbai & Delhi turn to gold for bank loans. Though popular, many prefer personal savings, indicating a dire need for better financial support.

Foreign investors shift from India to China amid rising uncertainty and intensifying West Asian tensions. Indian markets closed lower yesterday, no signs of improvement today.

Metal stocks continued their upward trend, benefiting from China's stimulus announcement.

Experts recommend maintaining a well-diversified portfolio that balances gold and equities, with an allocation to gold that ranges between 5 percent to 15 percent.

`Gold has the highest potential for a near-term price increase, given its role as a favoured hedge against risk'

The government reduced gold duty drawback rates from Rs 704.1 to Rs 335.50 per gram and for silver items from Rs 8,949 to Rs 4,468.10 per kilogram. Duty drawback rates are refunds given to exporters to offset the customs duties paid on imported inputs

MCX gold opens at ₹70,303 per 10 grams, quickly reaching ₹70,398 intraday. Meanwhile, Kerala gold prices experience a modest rise, with a slight increase noted today.

Through gold mutual funds, investors now have the opportunity to invest in gold without having to face the problems of storage and security associated with physical gold.

The market will be happy if the increased government revenues are utilised to reduce taxes and boost investments.