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
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
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JB Insights3 hours agoGold Slips, Sentiment Surges: Gudi Padwa, Ugadi drive robust jewellery sales
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National News1 hour agoGold rallies 4%, silver soars over 5% on MCX as dollar weakens and oil prices ease
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International News3 hours agoSwiss watch industry sees export values up 9.2% yoy in Feb 2026, USA, Japan, France drive growth
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