National News
Gold and Silver Prices Set to Surge in 2025- Gold Could Reach Rs 90000
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.
National News
GJEPC Hosts UK Trade Interaction In Kolkata To Boost Exports
British Deputy High Commissioner Highlighted Emerging Opportunities In The UK Market and Outlined The Support Available To Indian Businesses Through The UK High Commission. Exporters Discussed Their Experience and Interest In Participating In International Trade Fairs In The UK,
India’s GJEPC) held a trade interaction with British diplomats in Kolkata on Sept. 9 to boost gem and jewellery exports to the United Kingdom, the industry body said.
- The meeting, led by GJEPC Eastern Region Chairman Pankaj Parekh and British Deputy High Commissioner Andrew Fleming, convened over 20 regional exporters and prominent local jewellers.
- Dr. Fleming highlighted emerging opportunities in the UK market and outlined the support available to Indian businesses through the UK High Commission. Exporters discussed their experience and interest in participating in international trade fairs in the UK,
- Discussions focused on expanding trade under the India-UK Comprehensive Economic and Trade Agreement (CETA), launched on July 15, 2026.
- The event highlighted six regional exporters who recently completed their maiden shipments to the UK from Kolkata port under the new trade pact.
- British officials, including Deputy Consul Sandip Choudhary, addressed trade bottlenecks, tariff barriers, and participation in UK trade fairs, pledging ongoing support to facilitate market access for Eastern Region exporters.
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