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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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GJEPC Partners With The Leela To Offer Exclusive Hospitality Benefits To Members

The Association Is Designed To Support Members’ Business and Personal Travel Needs, Offering Special Pricing, Room Upgrades, Hotel Credits, Dining and Spa Discounts, and Other Privileges

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GJEPC has entered into a strategic alliance with The Leela Palaces, Hotels and Resorts to provide exclusive hospitality benefits to its members, marking the Council’s first partnership with a hotel group.

The association is designed to support members’ business and personal travel needs, offering special pricing, room upgrades, hotel credits, dining and spa discounts, and other privileges at participating Leela properties across India. Benefits also include early check-ins, late check-outs and complimentary nights, subject to applicable terms and length of stay.

Kirit Bhansali, Chairman, GJEPC:

“Our members travel across India for business, exhibitions and other activities. This association will make their stays more comfortable and rewarding. The Leela is known for its excellent hospitality and service, and through this partnership, our members can access special benefits at participating hotels across India, including hotel credits, discounts on dining and spa services, and other exclusive privileges.”

Anurag Bhatnagar, Whole-time Director and Chief Executive Officer, The Leela Palaces, Hotels and Resorts said:

“The MOU is just a symbol. What we are cementing today is a relationship that goes beyond transactions and beyond the MOU. As members of this Council, you have The Leela for life, for your families and your friends.”

For GJEPC, the alliance adds a hospitality dimension to its member services, recognising the frequent travel associated with the gem and jewellery trade. For The Leela, the partnership offers an opportunity to build a closer relationship with a nationwide industry community while extending its Indian hospitality proposition to members, their families and business associates.

Key benefits for GJEPC members include :Special member rates across participating Leela properties,Room upgrades (subject to availability),Hotel credits, and discounts on dining and spa services,Early check-ins and late check-outs, Complimentary fourth night on eligible three-night bookings (select destinations),Club lounge access (subject to applicable conditions),Dedicated guest services and support for travel arrangements, Curated cultural experiences showcasing the art and traditions of each destination.

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