National News
DC Jewellers Launches Indore Showroom with Traditional Ceremony
DC Jewellers has opened a new 5,000 sq. ft showroom at Y N Road, Indore, marking its first outlet outside of Ratlam. The store launch stood out in the jewellery industry for its cultural and spiritual theme, diverging from the typical celebrity-filled inaugurations.
The two-storey retail space is designed to offer a premium shopping experience while staying rooted in the brand’s heritage.

“We wanted this launch event to be different,” said Vikas Kataria, Director of DC Jewellers. “Instead of the typical celebrity appearances, we focused on something deeply rooted in tradition and culture.”
The opening ceremony featured students from Ujjain, known for their expertise in Hindu Ved Shastras, who led the event with Vedic mantras. A group of 21 young pandits performed chanting for 30 minutes, followed by the Navkar Mantra. The spiritual proceedings were accompanied by a 20-minute performance of Mahakal beats, adding a cultural dimension tied to the ancient temple city of Ujjain.
This traditional format was a deliberate choice by the brand, aiming to reflect its values of authenticity and heritage. DC Jewellers positioned the launch not just as a commercial milestone but as a cultural statement.
As part of its Indore launch strategy, the company undertook several outreach campaigns. These included the ‘Indore ke Gehne’ initiative to honor sanitation workers and their contribution to Indore’s cleanliness record, and the ‘DC Jewellers Traffic Awareness Programme’, which aimed to encourage road safety among residents.
The launch marks a significant expansion step for DC Jewellers, reinforcing its identity not just as a retailer but as a custodian of tradition and craftsmanship.
National News
Lower Gold Prices Is Driving Jewellery Demand in India
For The First Time In Over Three Months, Indian Dealers Are Selling Gold At A Premium
Domestic gold prices dropped to around Rs 148,200 per 10 grams on Friday (after touching a two-week low of Rs 145,627).
Back in Demand: Because prices dropped and the wedding/festival season is starting, people are buying more gold jewelry.
Selling at a Premium: For the first time in over three months, Indian dealers are selling gold at a premium (up to +$7/ounce over official domestic prices), compared to last week’s discount (-$6/ounce).
Supply Shortage: Gold imports dropped massively in September ($1.8 billion vs. $9.6 billion last year), creating a tight local supply.
Mutual Fund Freeze: Several major Indian mutual funds have paused large investments into Gold ETFs.
Rest of Asia: Buyers Stay Cautious
China: Demand remains low because global gold prices are swinging wildly, making buyers hesitate. Gold traded at premiums of $4 to $13/ounce.
Singapore & Hong Kong: Mild activity, with small premiums ($0.50 to $1.70 in Singapore; flat to $1.50 in Hong Kong).
Japan: Buying interest remains weak among both everyday consumers and investors (-$0.25 discount to +$0.50 premium).
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