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
BHIMA Jewellery Receives Prestigious IAGES Accreditation
Thiruvananthapuram’s M.G. Road Showroom Receives Accreditation Following An Independent Assessment Against IAGES Standards, Recognising Purity Transparency and Customer Trust.
Bhima Jewellery, one of India’s most trusted jewellery brands with a legacy of over a century, has received the Certificate of Accreditation from IAGES (Indian Association for Gold Excellence and Standards). The accreditation was awarded to Bhima’s M.G. Road showroom in Thiruvananthapuram after a rigorous independent assessment against the IAGES Code of Conduct.
Suhas M S, Managing Director, Bhima Jewellery, received the certificate from Kaushalendra Sinha, CEO, IAGES. Raja Venkatesh, GM – Trade Engagements (South), IAGES, was also present at the ceremony.
IAGES is an industry initiative that sets the benchmark for excellence, transparency, ethical business practices and customer trust in the gold jewellery industry. The association recognises jewellery brands that meet the highest standards of purity, transparent pricing, ethical sourcing and customer service.
Suhas M S, Managing Director, Bhima Jewellery said
“For over a century, our customers’ trust has been Bhima’s greatest wealth. That trust is built on the purity of our gold and transparency in every transaction. This accreditation is a testament to that trust, and we will continue to serve our customers with the same purity and sincerity.”
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