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GJEPC is Title Partner  of IIJS Jewellers Cricket League

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GJEPC is proud to be the Title Partner of the highly anticipated IIJS-JCL (Jewellers Cricket League), which kicked off on 11Apr  at the state-of-the-art Cricket Hub Ground, strategically located on the Banur-Landran Highway in Mohali. Representing GJEPC at this exciting event are esteemed officials Shamal Pote, Director along with team Pranabes Hazra and  S. Madaan. Together, they will showcase the Council’s dynamic activities and promote its initiatives to a wider audience, underscoring GJEPC’s commitment to innovation and community engagement.

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National News

Gold Prices Decline On Easing Global Tensions

Gold and Silver ETFs Face Selling Pressure As Easing Geopolitical Risks, A Stronger US Dollar, and Hawkish Fed Signals Weigh On Bullion Prices; IBJA Releases Latest Indicative Retail Rates

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Gold prices have experienced a downward trend this week, driven by a significant easing of global geopolitical tensions following the recent US-Iran peace agreement and the ceasefire between Israel and Lebanon.

Gold and silver exchange-traded funds (ETFs) came under selling pressure on Friday as precious metal prices remained on track for a third consecutive weekly decline.

The weakness followed a stronger US dollar and hawkish signals from the US Federal Reserve, which weighed on bullion prices.

IBJA has released the latest indicative retail selling rates.

Metal / PurityRetail Selling Rate
Fine Gold (999) / 24KRs. 14,497 per gram
22K GoldRs. 14,149 per gram
20K GoldRs. 12,902 per gram
18K GoldRs. 11,743 per gram
14K GoldRs. 9,351 per gram
Silver (999)Rs. 2,31,973 per kg

These baseline rates serve as market indicators and are strictly exclusive of the mandatory 3% Goods and Services Tax (GST) as well as any additional making charges applied by individual jewelers.

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