National News
GJNRF Receives Prestigious Award for Outstanding Contribution to Social Consciousness
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The Gem & Jewellery National Relief Foundation (GJNRF) was honored with the “Award for Outstanding Contribution to Social Consciousness” at the World CSR Day event held at Taj Lands End, Bandra. Presented by the World CSR Congress and Awards, this accolade celebrates GJNRF’s impactful work in corporate social responsibility, sustainability, and community development. The foundation has been recognized for its tireless efforts in improving social welfare, promoting environmental sustainability, and driving positive change within the gem and jewelry industry.
GJNRF’s initiatives, ranging from education and healthcare to disaster relief, have made a lasting impact on marginalized communities and environmental preservation. This prestigious award reflects the foundation’s commitment to fostering social consciousness and creating a better future through corporate responsibility, collaborating with industry leaders, non-profits, and government bodies to create lasting, transformative change.
National News
MCX Gold Silver Futures See Dip
Global Precious Metals Showed Mixed Momentum On Monday. US Spot Gold Extended Its Rally For A Third Consecutive Session To Trade Above $4,200 Per Ounce
Domestic futures on the MCX saw a minor retracement, with gold trading around Rs 1,50,968 per 10 grams (down 0.4%) after touching an intraday low of Rs 1,50,500.domestic MCX silver traded slightly lower around Rs 2,25,631 per kg after testing an intraday low of Rs 2,24,326
China’s central bank (PBOC) extended its gold buying spree for a 23rd consecutive month, adding 23 tonnes in September to diversify reserves.
Global precious metals showed mixed momentum on Monday. Spot gold extended its rally for a third consecutive session to trade above $4,200 per ounce, bolstered by a pullback in crude oil prices following supply developments and softening inflation worries.,
Geopolitical tensions remained elevated in the Middle East following Houthi drone strikes near Saudi Arabia’s main airport, prompting potential US retaliatory considerations. US 10-year Treasury yields held steady around 5.24%, while the US Dollar Index eased to 102.12.
The Indian Rupee remained under pressure near record lows, with USD/INR closing around 96.78. High US yields and sustained elevated Brent crude prices continue to weigh on India’s import bill.
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