National News
Gold discounts in India widened this week to their highest point in nearly eight months
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
National News
Senco Gold & Diamonds Celebrates The Season Of Everyday Indulgence With ‘Drops Of Joy’
This Monsoon, Senco Invites Consumers To Embrace Everyday Moments With Jewellery That Celebrates Self-Expression, Personal Milestones and The Simple Joy Of Treating Yourself
The monsoon has quietly become a season of self-upgrades, when the modern Indian woman slows down to celebrate herself through small yet meaningful indulgences. Whether it’s investing in something she’s long wanted, refreshing her wardrobe, or picking up a piece of jewellery simply because it brings her joy, the season has evolved into a time for personal rewards rather than just festive shopping.
Reflecting this evolving consumer mindset, Senco Gold & Diamonds unveils its ‘Drops of Joy’ monsoon campaign, celebrating everyday moments with thoughtfully crafted gold and diamond jewellery and attractive seasonal offers. Customers can enjoy up to 20% off on diamond jewellery, up to 40% off on gold jewellery making charges, making charges starting from 6%, along with 0% deduction on old gold exchange, even if the jewellery was purchased from another jeweller, making it easier than ever to upgrade to something new.
The campaign also taps into another significant shift in jewellery consumption. Once reserved for weddings and milestone occasions, diamonds are increasingly becoming an everyday expression of personal style, with younger consumers embracing wearable, versatile and accessible pieces that fit effortlessly into their daily lives. Against the muted backdrop of the monsoon, diamonds become a personal source of brightness, adding sparkle to ordinary moments and making every day feel a little more special.
Speaking about the campaign, Joita Sen, Director & Head of Marketing & Design, Senco Gold & Diamonds, said:

“The monsoon has a beautiful way of reminding us to slow down and appreciate the little things, a quiet coffee, an unexpected compliment, spending time with loved ones, or simply taking a moment for ourselves. With ‘Drops of Joy’, we wanted to celebrate these everyday moments that often bring the biggest smiles. Jewellery today is no longer only about grand occasions; it has become a way for people to express themselves every day.
Through these offers, we hope to make owning a beautiful piece of jewellery even more accessible, whether you’re buying your first diamond, exchanging old gold for something new, or simply treating yourself because you deserve it.”
The campaign reflects Senco’s continued focus on making fine jewellery more approachable for modern consumers by combining thoughtful pricing with timeless craftsmanship. With collections spanning gold, diamonds, platinum and more, the brand continues to redefine jewellery as an everyday expression of style and self-celebration while remaining deeply meaningful.
The ‘Drops of Joy’ monsoon offers are available across all Senco Gold & Diamonds showrooms, on the Senco App, and at www.sencogoldanddiamonds.com, for a limited period starting 3 July 2026.
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