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Gold discounts in India widened this week to their highest point in nearly eight months

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Gold discounts in India widened this week to their highest point in nearly eight months, as a surge in prices to a record high dampened demand, while customers in other key hubs also remained on the sidelines. Indian dealers this week offered a discount of up to $39 an ounce over official domestic prices, including 6 per cent import and 3 per cent sales levies, up from a discount of $10 to $21 last week.

Indian dealers this week offered a discount of up to $39 an ounce over official domestic prices, including 6% import and 3% sales levies, up from a discount of $10 to $21 last week.

“Jewellers are not keen on building high-cost inventory at the end of the financial year, as they are busy closing accounts,” said a Mumbai-based dealer with a bullion-importing bank. India’s financial year runs from April until March 31.

India’s gold imports are set to tumble 85% in February from year-ago levels, reaching their lowest levels in 20 years, as demand is dampened by record-high bullion prices.

In China, the world’s largest consumer, gold traded at a discount of $1 to an $18 premium over spot prices. Meanwhile, dealers in Hong Kong charged premiums ranging from par to $2 per ounce.In Japan, bullion was sold between a discount of $3 and a premium of $0.5, a trader said. In Singapore, gold traded between a $0.50 discount and a $3 premium

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CaratLane Puts A Playful Spin On Sibling Love With Its Latest Raksha Bandhan Campaign Featuring Ashlesha Thakur

Set Against The Backdrop Of Raksha Bandhan, The Film Brings Out The Playful Equation Shared By On-Screen Siblings Ashlesha Thakur & Vedant Sinha Where Teasing, Banter, and Unspoken Understanding Come Together To Create Moments Of Genuine Affection.

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CaratLane, a Tata Product, has unveiled its latest Raksha Bandhan campaign, celebrating the unique bond between siblings through a light-hearted story about knowing, understanding, and appreciating the person who has been a constant through every stage of life. Titled “POV: Bhai Knows Best”, the film captures the familiar sibling dynamic with humour and warmth, bringing alive the idea that sometimes, a brother knows exactly what his sister wants, even before she says it.

Set against the backdrop of Raksha Bandhan, the film brings out the playful equation shared by on-screen siblings Ashlesha Thakur & Vedant Sinha where teasing, banter, and unspoken understanding come together to create moments of genuine affection. At the heart of the story is the sister teasing her brother, followed by the brother’s attempt to get his sister the perfect gift, reflecting the little things he knows about her and the years of shared memories that make their bond special.

Saumen Bhaumik, Managing Director, CaratLane, said:

“At the heart of every sibling relationship are years of inside jokes, playful banter, and countless little memories. With this film, we wanted to capture that familiar dynamic in a way that feels real and relatable. Because while siblings may not always say it out loud, there’s always affection beneath the teasing. This Raksha Bandhan, we’re celebrating that bond with thoughtful diamond jewellery starting at Rs 5,000, making the joy of gifting a little more special and accessible.”

With its playful take on the sibling relationship, the campaign brings a contemporary lens to Raksha Bandhan, while reinforcing a simple thought: the best gifts come from the people who know you best. Through humour, warmth and a familiar sibling dynamic, CaratLane celebrates the countless little ways brothers and sisters show up for each other.

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