National News
Experience World-Class Jewellery at Joyalukkas Anantapur Showroom
Joyalukkas, the world’s favourite jeweller, marked a significant milestone in its expansion journey with the grand inauguration of its second showroom in Anantapur on 11th April 2025. The opening celebration was inaugurated by Ms. Palle Sindhura Reddy (MLA-Puttaparthi) in the presence of Mr. Joy Alukkas (CMD, Joyalukkas Group), Mr. Antony Jos (Executive Director, Joyalukkas), Mr. Thomas Mathew (Executive Director, Joyalukkas), Mr. Henry George (COO, Joyalukkas) and our esteemed customers along with other dignitaries.
The new showroom boasts international standard decor, expansive facilities and a commitment to delivering incomparable customer service, in addition to hosting an impressive array of award-winning multi-brand jewellery collections meticulously curated for discerning tastes. Shoppers are taking home an assured free gift with every purchase, adding to the magic of the joyous occasion.
From traditional to contemporary styles, Joyalukkas caters to every occasion and preference. Brands showcased include Anugraha Temple Jewellery, Pride Diamonds, Eleganza Polki Diamonds, Yuva Everyday Jewellery, Apurva Antique Collection and Ratna Precious Stone Jewellery. Furthermore, the latest designs of 2025 in gold and diamonds are also showcased, which are sure to be an irresistible draw to all jewellery enthusiasts.
Joy Alukkas, Chairman and MD of Joyalukkas Group, expressed his thoughts on the new opening “We are delighted to open our latest showroom in Anantapur. This expansion allows us to bring our world-class jewellery and exceptional service closer to our valued customers. Each new showroom is a step towards our vision of ornamenting the world, made possible by the unwavering support of our loyal customers. We warmly invite everyone to visit and experience the joy of jewellery shopping at Joyalukkas.”
The Anantapur showroom is now open to the public, inviting everyone to experience the brilliance and grandeur that Joyalukkas is renowned for. Visit us today and indulge in the finest jewellery selections with the promise of superior service and unmatched quality.
National News
Gold, Silver Slip As US Inflation Fuels Fed Rate Hike Concerns
A stronger US dollar, hotter-than-expected inflation data and hawkish signals from the Federal Reserve weighed on precious metals
Gold and silver prices declined on as higher-than-expected US inflation strengthened expectations of a possible Federal Reserve interest rate hike in December.
In international markets, Comex gold futures traded near $3,990 per ounce, while silver stood at around $51.40 per ounce.
Domestic bullion prices also remained under pressure. On the Multi Commodity Exchange (MCX), gold futures traded near Rs.1,39,000 per 10 grams, while silver futures were quoted at approximately Rs.1,82,650 per kg.
The MCX December gold contract opened Rs.434 lower at Rs.1,39,282 per 10 grams, against its previous close of Rs.1,39,716.
A stronger US dollar, hotter-than-expected inflation data and hawkish signals from the Federal Reserve weighed on precious metals. Growing expectations of tighter monetary policy have dampened bullion sentiment, as investors reassess the near-term outlook for gold and silver.
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