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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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Gold and Silver Surge On U.S. Treasury Debt Buybacks

Front-Month Gold Futures Traded Higher, Hitting Their Strongest Level In Three Months As Debt-Market Dynamics Spurred Safe-Haven and Inflation-Hedge Buying.

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On the Multi Commodity Exchange (MCX), gold futures were trading near Rs 1,63,150 per 10 gram while silver futures were around Rs 2,45,700 per kg.

Gold futures opened higher on MCX. The benchmark October gold contract opened at Rs 1,63,202 per 10 gram, up Rs 320 from the previous close of Rs 1,62,882.The contract was trading at Rs 1,63,136, up Rs 254. During the session, it touched a high of Rs 1,63,202 and a low of Rs 1,62,021. Gold futures had touched their highest level of the year at Rs 1,80,779.

Silver futures also opened higher. The benchmark September silver contract on MCX opened at Rs 2,45,583 per kg, up Rs 1,456 from the previous close of Rs 2,44,127.

Gold and silver futures advanced Wednesday, lifted by a surge in bullion prices to a three-month peak following an unexpected move by the U.S. Treasury to expand buybacks of long-term government debt.

The announcement triggered a pullback in benchmark yields, bolstering investor appetite for non-yielding precious metals across international markets.

Precious Metals Summary

  • Gold Advances: Front-month gold futures traded higher, hitting their strongest level in three months as debt-market dynamics spurred safe-haven and inflation-hedge buying.
  • Silver Tracks Higher: Silver futures followed suit, posting solid gains in tandem with bullion amid broad dollar softening.
  • Global Market Strength: Spot and derivative contracts across major overseas exchanges remained firmly in positive territory, supported by shifting interest-rate expectations.
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