Gold price climbs ₹10 to ₹98,400; silver up ₹100, trading at ₹1,10,000
The price of 22-carat gold also increased by ₹10, with ten grams of the yellow metal selling at ₹90,200.
The price of ten grams of 24-carat gold in Mumbai, Kolkata, and Chennai stood at ₹98,400.
In Delhi, the price of ten grams of 24-carat gold stood at ₹98,550.
In Mumbai, the price of ten grams of 22-carat gold is in line with that of Kolkata, Bengaluru, Chennai, and Hyderabad at ₹90,200.
In Delhi, the price of ten grams of 22-carat gold stood at ₹90,350.
The price of one kilogram of silver in Delhi, Kolkata, and Mumbai stood at ₹1,10,000.
US Gold prices rose on Tuesday, supported by a weaker dollar and heightened uncertainty over US President Donald Trump's tariff policies ahead of the July 9 deadline, driving investors toward safe-haven assets.
Spot gold was up 0.6 per cent at $3,322.55 per ounce, as of 0430 GMT.

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Indian Express
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The Hindu
an hour ago
- The Hindu
A triangular dynamic in South Asia's power politics
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Islamabad's outreach to Washington, which is reflected in trade negotiations, concessions over rare earth minerals, and innovative economic partnerships entwined with American business interests, suggests a cunning charm offensive to sustain international attention and economic lifelines. It is a strategy that perhaps recognises its own limitations in raw military power and economic scale but leverages the geographic centrality and personal diplomacy to maintain geopolitical relevance. The U.S.'s role in this volatile equation is characterised by a deliberate ambivalence that reflects the complexity of its competing priorities. Washington today seems to have become preoccupied to the point of obsession with tariff and trade, implying that India's role in the Indo-Pacific attracts proportionately less attention than in the past, even though the Quad Foreign Ministers held their meeting in Washington on July 1. New Delhi's persistent rejection of any third-party mediation in Kashmir underscores its determination to keep its core security issues tightly within its own sovereign domain. On the contrary, a Beijing-aligned Pakistan is desperate to embrace American engagement, perceiving it as a means to keep Kashmir from fading into diplomatic obscurity and to counterbalance India's manoeuvring space. However, any American effort to 'hyphenate' New Delhi and Islamabad would run counter to India's vision of itself as a rising global power, while undermining bipartisan consensus to deepen ties with the U.S. What drives Pakistan's relevance Pakistan's continued relevance in American foreign policy seems to be driven by immutable facts of geography as well as carefully honed craft of personal diplomacy, giving its military leadership an inflated sense of purpose and power. Situated at the crossroads of South Asia, Central and West Asia, and bordering Iran, Afghanistan and China, there are certain quarters in Washington prone to the view that Pakistan is an indispensable linchpin to America's regional strategy, particularly in Afghanistan and Iran where its logistical and intelligence roles are still critical. This geographic leverage likely magnifies Pakistan's diplomatic voice in Washington, reinforcing a perception in Rawalpindi that it could help Pakistan counter India's superior economic and demographic credentials. Personal rapport in diplomatic corridors often translates into material and political support, ensuring Pakistan's endurance as a contradictory, yet 'phenomenal' partner. As enduring strategic sympathy for India becomes hostage to the shifting sands of personality-driven politics in the U.S., and the 'friend' in the U.S.-Pakistan frenemy dynamic gaining the upper hand, a geopolitically conscious Washington must walk a delicate tightrope. Each party seeks to instrumentalise the U.S. to its own ends, while American policy oscillates between idealism, realism and transactionalism. Vinay Kaura is Assistant Professor in the Department of International Affairs and Security Studies at the Sardar Patel University of Police, Security and Criminal Justice, Rajasthan, and Non-Resident Fellow, Institute of South Asian Studies, National University of Singapore


NDTV
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