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 rallies 4%, silver soars over 5% on MCX as dollar weakens and oil prices ease
MCX gold surged to ₹1,44,434 per 10g while silver jumped over 5.5%, supported by easing inflation concerns and improving geopolitical sentiment.
Gold and silver prices snapped a sharp two-session losing streak on Wednesday, as a retreating U.S. dollar and cooling crude oil prices reignited appetite for precious metals.
On the Multi Commodity Exchange (MCX), gold futures for June delivery jumped 4% to hit an intraday high of Rs.1,44,434 per 10 grams. Silver outpaced its yellow counterpart, surging more than 5.5% to trade near Rs.2,36,137 per kilogram. The rebound follows a brutal week of selling that saw bullion prices correct nearly 13% from recent highs amid a global liquidity squeeze.
The sudden reversal in sentiment was fueled by a convergence of three key macroeconomic shifts:
- Weakening Greenback: The U.S. Dollar Index (DXY) slipped to 99.34, making dollar-denominated assets more affordable for international buyers.
- Crude Oil De-escalation: Brent crude fell below the psychologically significant $100-per-barrel mark, trading near $96. Easing energy costs have tempered fears of “sticky” inflation, allowing traders to price in a more dovish stance from central banks.
- Geopolitical Thaw: Reports of potential diplomatic breakthroughs between Washington and Tehran—including a rumored 15-point peace proposal—reduced the immediate “war premium” on the dollar, shifting capital back into oversold commodities.
Market Impact and Outlook
The rally extended into the exchange-traded fund (ETF) space, where silver ETFs saw gains of up to 11%. Analysts note that while the long-term trend remains volatile, the “buy the dip” mentality has returned as gold holds key support at the Rs.1,41,000 level.
Gold rallies 4%, silver soars over 5% on MCX as dollar weakens and oil prices ease
Swiss watch industry sees export values up 9.2% yoy in Feb 2026, USA, Japan, France drive growth
Gold Slips, Sentiment Surges: Gudi Padwa, Ugadi drive robust jewellery sales
Gold Slips, Sentiment Surges: Gudi Padwa, Ugadi drive robust jewellery sales
Gold rallies 4%, silver soars over 5% on MCX as dollar weakens and oil prices ease
Swiss watch industry sees export values up 9.2% yoy in Feb 2026, USA, Japan, France drive growth
-
JB Insights4 hours agoGold Slips, Sentiment Surges: Gudi Padwa, Ugadi drive robust jewellery sales
-
National News2 hours agoGold rallies 4%, silver soars over 5% on MCX as dollar weakens and oil prices ease
-
International News4 hours agoSwiss watch industry sees export values up 9.2% yoy in Feb 2026, USA, Japan, France drive growth
-
National News21 hours agoHeer by GIVA Launches First Offline Store with ‘Alfaaz-e-Heer’ Poetry Night
JewelBuzz is Asia’s First Digital Jewellery Media & India’s No.1 B2B Jewellery Magazine, published by AM Media House. Since 2016, we’ve been the trusted source for jewellery news, market trends, trade insights, exhibitions, podcasts, and brand stories, connecting jewellers, retailers, and industry professionals worldwide.