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
Precious Metal Futures Show Renewed Momentum
Gold Has Reclaimed The Rs1.50 Lakh Level After Coming Under Pressure Earlier This Week. This Shows That Buyers Are Returning At Lower Levels. The Immediate Test Is Whether Gold Can Sustain Above Rs1.50 Lakh.
Retail gold prices across India registered a minor dip today, falling by up to Rs65 per gram across key purities In contrast, precious metal futures showed renewed momentum on the domestic exchange, reclaiming critical resistance levels in morning trade.
On October 7, 2026, retail gold spot prices in India softened across all purities. The price of 24 Carat gold dipped by Rs 65 to Rs 14,957 per gram (Rs 1,49,570 per 10 grams), while 22 Carat gold fell by Rs60 to Rs 13,710 per gram (Rs 1,37,100 per 10 grams). Similarly, 18 Carat gold registered a decline of Rs49, bringing its rate to Rs11,218 per gram (Rs1,12,180 per 10 grams) compared to the previous day’s close.
Despite the minor dip in physical retail rates, the Multi Commodity Exchange (MCX) witnessed positive buying interest:
- MCX December Gold Futures: Rose 0.50% to around Rs 1,50,059 per 10 grams. After opening at Rs 1,48,928, the contract surged to an intra-day high of Rs 1,50,575.
- MCX December Silver Futures: Advanced 0.62% to trade near Rs 2,27,480 per kg.
Gold has reclaimed the Rs1.50 lakh level after coming under pressure earlier this week. This shows that buyers are returning at lower levels. The immediate test is whether gold can sustain above Rs 1.50 lakh.
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