National News
GJEPC Delhi launches 3rd Batch of GJ Export Training Programme
GJEPC’s Northern Regional Office successfully launched the third batch of its training programme, “How to Start Exports of Gems and Jewellery.” Designed as a hybrid model, the programme offers one- and three-day sessions aimed at equipping aspiring exporters with practical insights into the export process.
The latest batch saw the participation of 13 students, with 6 attending online and 7 offline. Shri Antarpal Singh Sawhney, Regional Chairman (North), GJEPC, interacted personally with the participants, sharing industry experiences and motivating them to confidently embark on their export journeys.
National News
MCX Gold and Silver Decline On Rising US Dollar and Higher US Bond Yields
Market Participants Are Now Waiting For The Upcoming US Jobs Report To Get A Clearer Picture Of The Federal Reserve’s Next Move On Interest Rates
Gold and silver prices dropped on Friday morning as investors sold off metals to lock in recent profits. A rising US dollar and higher US bond yields also made precious metals less attractive to buyers. Market participants are now waiting for the upcoming US jobs report to get a clearer picture of the Federal Reserve’s next move on interest rates.
MCX Gold (October Futures): Down 0.47% to Rs 1,55,041 per 10 grams.MCX Silver (December Futures): Down 0.48% to Rs 2,41,189 per kg.
US Gold (December Futures): Down 0.30% to $4,513.76 per troy ounce. The US dollar index rose to 99.02 (up from 98.91), making gold more expensive for buyers holding other currencies. Higher Bond Yields: The US 10-year Treasury yield rose to 4.77% after falling for two straight days, drawing investors toward interest-bearing assets instead of non-yielding gold.
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