Precious metal prices witnessed mixed trends on Thursday as gold prices dipped on the Multi Commodity Exchange (MCX), while silver maintained its upward momentum. The movement came in the backdrop of heightened global trade tensions after US President Donald Trump announced an additional 25% tariff on Indian goods, which rattled investor sentiment and prompted profit booking in the bullion market.

Gold Prices on MCX

The October 3 gold futures contract on the MCX opened weak, sliding by ₹92 to ₹1,01,450 per 10 grams compared to the previous close of ₹1,01,542. Soon after, it slipped further to an intraday low of ₹1,01,334 per 10 grams before staging a mild recovery. At last trade, gold stood at ₹1,01,470 per 10 grams, down by ₹72 or 0.07%. During the session, the yellow metal touched an intraday high of ₹1,01,542 but failed to sustain momentum amid profit-taking.

Analysts attribute the decline to two main factors – first, investor profit booking after a sharp rally in the past week, and second, concerns over Trump’s tariff decision, which has triggered fears of potential pressure on India’s exports and broader economic sentiment.

Silver Prices on MCX

In contrast, silver futures (September 5, 2025 maturity) began the session with a slight gain and quickly built momentum. The contract opened at ₹1,16,099 per kg, just ₹2 higher than the previous close, but soon surged to hit an intraday high of ₹1,16,690 per kg. Last seen, it was trading at ₹1,16,620 per kg, marking a gain of ₹523 or 0.45%.

Experts suggest that while gold is under pressure due to trade-related uncertainties, silver is benefiting from strong industrial demand, particularly in electronics and renewable energy sectors, which has helped prices remain buoyant.

Global Gold Market Trends

In the international market, gold prices showed a muted trend. COMEX gold was almost flat at USD 3,448.7 per troy ounce, while spot gold slipped slightly by 0.18% to USD 3,390.39 per ounce at 11:30 AM IST. Analysts note that global investors are closely monitoring US-China trade relations and the impact of Trump’s tariff measures on emerging markets like India.

Gold Prices in Major Indian Cities

• Delhi – 24-carat: ₹1,02,750 per 10g | 22-carat: ₹94,200 per 10g
• Mumbai – 24-carat: ₹1,02,600 per 10g | 22-carat: ₹94,050 per 10g
• Kolkata – 24-carat: ₹1,02,600 per 10g | 22-carat: ₹94,050 per 10g
• Chennai – 24-carat: ₹1,02,600 per 10g | 22-carat: ₹94,050 per 10g

Silver Prices in Key Cities

• Delhi – ₹1,20,000 per kg
• Mumbai – ₹1,20,000 per kg
• Kolkata – ₹1,20,000 per kg
• Chennai – ₹1,30,000 per kg

Outlook

While gold faces short-term resistance due to profit booking and global trade uncertainties, experts believe the long-term outlook remains positive, with demand expected to pick up during the upcoming festive season in India. Silver, on the other hand, is likely to see stronger momentum given its dual role as a precious and industrial metal.

Traders advise investors to watch for global cues, particularly US trade policies and the strength of the dollar, which will play a crucial role in shaping gold and silver trends in the coming weeks.

The National Highways Authority of India (NHAI) is introducing a game-changing toll payment solution for frequent highway travellers — the FASTag Annual Pass — starting August 15, 2025. This initiative is designed to make highway travel more convenient, cost-effective, and completely cashless.

The move comes as part of the government’s broader push towards 100% digital toll collection, aimed at reducing congestion at toll plazas and ensuring a smoother travel experience.

What is the FASTag Annual Pass?

The FASTag Annual Pass is a one-time payment subscription that allows unlimited toll crossings on designated routes for an entire year. Unlike the traditional FASTag, which requires topping up after balance deductions for every trip, the annual pass offers unlimited usage within its validity without worrying about per-trip charges.

It uses the same RFID (Radio Frequency Identification) technology already in place for FASTag, which automatically scans your tag when you pass through a toll plaza.

FASTag Annual Pass Fee and Validity

• Annual Fee: Expected to start from ₹10,000, but may vary based on route and toll category.
• Validity Period: 12 months from activation date.
• Coverage: Initially applicable to selected toll plazas and specific national highway stretches, with plans to expand nationwide.

Benefits of the Annual Pass

1. Unlimited Travel on Selected Routes

Perfect for those who travel the same route regularly — for example, office commuters, transport companies, and long-distance taxi services.

Time-Saving Convenience

No need to stop for cash payments or worry about low FASTag balance — annual pass holders can breeze through dedicated FASTag lanes without interruptions.

Cost-Effective for Frequent Users

While ₹10,000 might seem high at first, frequent travellers often spend more on tolls annually. For them, the pass can mean significant savings over time.

Hassle-Free Management

No recharges, no top-ups, no balance checks — just one payment for the whole year.

Who Should Get the FASTag Annual Pass?

• Daily Commuters – Employees traveling between two cities for work.
• Logistics Operators – Trucks, vans, and delivery vehicles using fixed routes.
• Passenger Transport Services – Inter-city cabs and buses.
• Regular Highway Travellers – Families or individuals visiting relatives in nearby towns frequently.

How to Apply for FASTag Annual Pass

1. Visit the NHAI FASTag official portal or authorised partner banks.
2. Select the “Annual Pass” option under the services menu.
3. Fill in vehicle details including registration number, chassis number, and category.
4. Upload KYC documents – Aadhaar, RC book, and ID proof.
5. Make the one-time payment online or at an authorised agent.
6. Activation will be completed within 24–48 hours.

Things to Keep in Mind

• Non-Transferable: Linked to one vehicle; cannot be used for multiple vehicles.
• Route-Specific: Initially valid only for selected stretches; may expand later.
• No Refunds: Mid-term cancellations will not be refunded.
• Vehicle Category Limits: Separate pricing for commercial and private vehicles.

Comparison: FASTag Annual Pass vs Regular FASTag

Government’s Push for Digital Tolling

The annual pass is part of NHAI’s plan to make toll collection entirely cashless. With over 95% adoption rate of FASTag in India, the government is now focusing on reducing congestion further by minimising recharge-related delays.

Cryptocurrency is becoming increasingly accessible in India—now, you can start investing in Bitcoin with as little as ₹100. Here’s how the landscape has evolved and why this is a game-changer:

Fractional Ownership of Bitcoin

Unlike a whole Bitcoin, which costs around ₹1.05 crore today, the cryptocurrency can be bought in fractions (called satoshis). This allows investors to enter the market with minimal amounts. Platforms like CoinDCX, Mudrex, Unocoin, WazirX, Flitpay, and CoinSwitch support purchases as low as ₹100

How to Buy with ₹100: Step-by-Step

Here’s a simplified guide using any of the major Indian exchanges:

1. Choose a Crypto Exchange
   Select a trusted platform like CoinDCX, WazirX, or Unocoin—all allow ₹100 minimum purchases
2. Sign Up and Complete KYC
   You’ll typically submit your PAN, Aadhaar, and a selfie to comply with Indian regulations
3. Deposit ₹100 INR
   Use UPI, IMPS, or net banking to deposit the money into your exchange wallet
4. Buy Bitcoin
   Go to the Bitcoin (BTC) page, enter ₹100, and buy. You’ll receive a fraction of a Bitcoin accordingly
5. Store Securely
   Keep your BTC in the platform’s wallet or transfer to a cold wallet for enhanced security.

Start a Systematic Bitcoin Plan

Many exchanges like Unocoin and Mudrex offer Systematic Buying Plans (SIPs) or recurring buys, letting you invest ₹100 daily, weekly, or monthly. This helps average out volatility and build holdings over time

Benefits of Micro-Investing

• Beginner-Friendly: Low-risk entry for crypto newcomers
• Portfolio Diversification: Helps spread investments across assets
• Dollar-Cost Averaging: Reduces market timing risks
• Build Discipline: Start small and gradually scale

ZebPay highlights that fractional ownership empowers individuals to invest even with limited funds

Points to Watch

• Platform Fees: Small investments could be disproportionately affected by transaction fees—choose low-cost platforms
• Regulatory Uncertainty: Cryptocurrencies aren’t legal tender in India, though buying/selling is allowed; tax rules apply
• Volatility Risk: Bitcoin prices are highly volatile—invest only what you can afford to lose

Why ₹100 Matters in the Big Picture

Even tiny investments can compound over time. For example, ₹100 monthly SIPs could grow significantly during bull cycles. Plus, they help new users get comfortable with the market mechanics before scaling up.

Final Takeaway

Thanks to fractional Bitcoin and user-friendly Indian platforms, you no longer need large capital to start. With just ₹100, you can:

• Start building crypto exposure
• Experience hands-on how buying, storing, and selling works
• Leverage SIPs to manage volatility and grow steadily

Just choose a reliable crypto exchange, do your KYC, invest ₹100, and begin your crypto journey today!