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Gold prices are once again grabbing investors’ attention as the precious metal continues its strong upward move in the Indian market. On Tuesday, August 11, 2026, gold remained firmly in focus after a sharp rally over the previous three trading sessions.

On the Multi Commodity Exchange (MCX), gold for the August contract was trading 0.5% higher at ₹143,200 per 10 grams, while silver for the September contract was marginally lower at ₹228,421 per kilogram at the latest update.

In this operation DRI detected and busted gold melting facility that was being used for melting of foreign origin smuggled gold.

The industry portfolio also expanded substantially from Rs. 6.3 lakh crore in March 2023 to Rs.19.4 lakh crore by March 2026, reflecting sustained momentum across the category, observed Experian in its latest report.

In a statement, the RBI said that the physical stock of gold held by it is regularly disclosed in its Monthly Bulletin and the latest available data shows that the gold stock remains unchanged at 880.52 tonnes.

Many social media users said that the billionaire banker cautioned yesterday, and it seems like the impact just started showing, connecting the two developments.