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 Represents Mumbai’s GJ Sector At ODOP Award Assessment
GJEPC Presented An Overview Of Mumbai Suburban’s GJ Industry, Highlighting Its Contribution To Exports, Employment Generation, MSME Development
GJEPC participated in the Government of Maharashtra’s One District One Product (ODOP) Award 2025 assessment on 25 June 2026, representing the gems and jewellery sector as Mumbai Suburban District advanced to the first stage of the award process.
As part of the second-stage physical verification, officials from the Department for Promotion of Industry and Internal Trade (DPIIT) reviewed the district’s performance under the ODOP initiative. GJEPC presented an overview of Mumbai Suburban’s gems and jewellery industry, highlighting its contribution to exports, employment generation, MSME development, and Maharashtra’s industrial economy.
As part of the verification process, the DPIIT delegation is also scheduled to visit SEEPZ, Mumbai, to assess the district’s manufacturing and export ecosystem and gain first-hand insight into the sector’s capabilities.
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