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Gold and Silver Prices Set to Surge in 2025- Gold Could Reach Rs 90000

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Gold prices in India surged by 21% in 2024, driven by central bank policies, geopolitical risks, and strong global demand. As of January 1, 2025, gold prices were Rs 78,000 per 10 grams for 24K, with predictions pointing towards a rise to Rs 85,000-90,000 in 2025. While gold outperformed other commodities in 2024, experts recommend a “buy-on-dips” strategy for investors, as prices may consolidate before further gains. Geopolitical tensions and central bank actions will continue to support the demand for gold and silver.

Silver also saw impressive gains in 2024, with prices expected to reach Rs 1.1-1.25 lakh per kg, fueled by industrial and investment demand. Experts like Manav Modi from Motilal Oswal Financial Services maintain a positive outlook for both metals in the medium to long term, forecasting potential price growth even amid market fluctuations. However, while Rs 1 lakh for gold is considered optimistic, extreme economic conditions could push it towards that mark.

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Rajesh Kalyanaraman Unveils AKS JEWELS’ New Office and Factory Premises In Mumbai

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AKS JEWELS, part of VEER GEMS Group of Companies, unveiled their new office and factory premises at grand inauguration ceremony in Mumbai. AKS JEWELS showcased a state-of-the-art factory and elegant corporate premises to leading  players of the GJ industry. AKS JEWELS’ new office and factory premises are located at 1st & 2nd Floor, Khanna Park, Rd. No.8, MIDC, Andheri (E), Mumbai.

The formal inauguration was done by Rajesh Kalyanaraman, ED-Kalyan Jewellers in the esteemed presence of Ba. Ramesh, Jt MD-Thangamayil Jewellery, Russell Mehta, Chairman-Rosy Blue, Varghese Alukkas, MD-Jos Alukkas, along with Guests of Honour, Pramod Agrawal, Chairman NGJCI, Kirit Bhansali, Chairman GJEPC, Avinash Gupta, Vice Chairman GJC, Amit Pratihari, MD- GIA India, Richa Singh, MD-Natural Diamond Council,  Suvankar Sen, MD-Senco Gold, Dr. Chetan Mehta,CMD-Laxmi Diamonds, Bengaluru, John Alukkas, MD-Jos Alukkas, ABS Sanjjay, MD-AVR Swarnamahal, Suvro Chandra, Director- P.C.Chandra, Vinod Hayagriv, MD-CKC, Vikas Kataria, DP Abhushan, Sumeet Khimji, Khimji Jewellers, T M Abdul Rahim, Sulthan Diamonds & Gold, Mahender Tayal, President HJMA, Surendra Mehta, National Secretary IBJA, Niraj Shah, IndusInd Bank-Head of Corporate Banking, G&J, Ramesh Vora, Bafleh Jewellery, Ashish Pethe, Waman Hari Pethe, Sumesh Wadhera, AOJ Media and dignitaries from the GJ industry. Representing AKS JEWELS were Dilip M Shah Chairman, Aadesh D Shah MD,VEER GEMS Group of Companies.

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