gold prices moved higher in India on Thursday, reflecting an increase in the underlying international benchmark and the local currency translation used to derive domestic rates.
The price of gold rose to 13,162 Indian rupees per gram from 12,985 rupees a day earlier. On a per-tola basis, the metal increased to 153,515 rupees from 151,457 rupees on Wednesday. These figures are based on the conversion of global gold prices into local units and should be treated as reference levels, since retail and physical market quotes may differ slightly.
gold remains one of the most closely watched assets in periods of market stress. Beyond its traditional role in jewelry and ornamentation, it is widely viewed as a store of value and a hedge against inflation, currency weakness and broader financial uncertainty. Because it is not tied to any government or issuer, gold often attracts demand when confidence in paper assets weakens.
Central banks are also major holders of the metal. Many institutions use gold to diversify reserves and reinforce the credibility of their balance sheets during volatile periods. According to the World gold Council, central banks added 1,136 tonnes of gold to reserves in 2022, worth about $70 billion, marking the largest annual increase on record. Buying has been especially strong among emerging-market central banks, including those in China, India and Turkey.
gold typically moves in the opposite direction of the US dollar and US Treasury yields, both of which compete with it as safe-haven assets. When the dollar weakens, gold often becomes more attractive to international buyers. By contrast, a stronger dollar or rising yields can limit gains by increasing the opportunity cost of holding a non-yielding asset.
The metal is also sensitive to changes in risk appetite. Gains in equity markets can reduce demand for gold , while sharp declines in risk assets, geopolitical tensions or fears of recession often support prices. Interest-rate expectations remain another key driver, since lower rates usually favor gold , while tighter monetary conditions tend to weigh on it.France’s national cybersecurity agency, ANSSI, plans to stop certifying security products that do not incorporate quantum-resistant encryption beginning in 2027, signaling a more aggressive push toward post-quantum protection across government and critical infrastructure.
The policy shift was outlined by ANSSI chief of staff Samih Souissi at the France Quantum 2026 Summit, according to Reuters. Businesses are being urged to move toward quantum-safe products by 2030, effectively giving vendors a limited window to update their encryption standards or risk losing access to public-sector contracts in France.
ANSSI certification is widely used as a gatekeeper for systems deployed by French government agencies and operators of essential infrastructure. By tying certification to post-quantum capabilities, the agency is making quantum readiness a procurement requirement rather than a long-term technical ambition. Souissi framed the issue as one that extends beyond engineering and into governance, industrial strategy, regulation, and national sovereignty.
The timeline places France alongside the United States, where the National Security Agency has also moved to require quantum-resistant algorithms across national security systems under its CNSA 2.0 standard. New acquisitions must support approved algorithms by Jan. 1, 2027, while older systems are expected to be phased out over the following years.
Industry observers say the parallel moves by two major security authorities could accelerate adoption of post-quantum cryptography globally. The convergence is especially significant because both France and the U.S. represent large markets for defense and government technology, making certification standards a powerful force in shaping vendor roadmaps.
Concerns about quantum computing are also spreading through the cryptocurrency sector. Analysts have warned that a meaningful share of Bitcoin supply could become vulnerable if large-scale quantum machines arrive sooner than expected. Coinbase has separately cautioned that proof-of-stake networks such as Ethereum and Solana may face added exposure because of the signature systems used to secure transactions.
At the same time, several blockchain projects are already working toward quantum resistance. Algorand, Aptos, Ethereum , and Solana have each outlined plans or upgrades intended to strengthen their cryptographic defenses against future quantum threats.