National News
GJEPC is Title Partner of IIJS Jewellers Cricket League
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.
National News
Gold and Silver Futures Open Higher Amid Volatility In Currency and Bond Markets.
Strong Investment Demand and Continued Gold Buying By Central Banks, Especially China’s Central Bank, Further Supported Prices.
Gold and silver futures opened higher on Friday as investors turned to safe-haven assets amid volatility in currency and bond markets.
Gold futures opened higher on MCX. The benchmark October gold contract opened at Rs 1,60,630 per 10 gram, up Rs 1,205 from the previous close of Rs 1,59,425.
Silver futures also opened higher. The benchmark September silver contract on MCX opened at Rs 2,44,988 per kg, up Rs 1,745 from the previous close of Rs 2,43,243.
Rising crude oil prices, following the US move to impose wider sanctions on Iran, also raised concerns about inflation. Strong investment demand and continued gold buying by central banks, especially China’s central bank, further supported prices.
In global markets, gold was trading near $4,590 per ounce on Comex, while silver was around $69 per ounce. On MCX, gold futures were near Rs 1,59,700 per 10 grams and silver futures around Rs 2,44,600 per kg at the time of writing.
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