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
Tamannaah Fine Jewellery Expands Across 10 Cities Through Taj Khazana
The Tamannaah Bhatia-Founded Fine Jewellery Brand Partners With Taj’s Khazana To Bring Its Collections To 10 Indian Cities, Beginning With New Delhi and Expanding To Bengaluru, Chennai, Kolkata and Hyderabad.
Tamannaah Fine Jewellery, founded by actor and entrepreneur Tamannaah Bhatia, has partnered with Khazana, Taj’s luxury retail destination, marking the brand’s retail expansion across 10 Indian cities. The rollout began with Khazana at Taj Mahal, New Delhi.
The partnership will extend to markets including Bengaluru, Chennai, Kolkata and Hyderabad, among other cities. Khazana will serve as the exclusive retail outlet for Tamannaah Fine Jewellery collections under the collaboration. The brand, founded in 2024, follows a Beyond the Occasion positioning, with its collections focused on contemporary, versatile fine jewellery designed for everyday wear as well as special occasions.


Tamannaah Bhatia said the collaboration marked a step towards taking the brand to new cities and audiences through an alternative retail route. She added that the brand’s approach centres on creating jewellery that is refined and versatile for contemporary lifestyles.
Faisal Momen, Vice President, Khazana, said the partnership brings together a focus on Indian craftsmanship, design and quality. The collections will be presented to Taj guests through Khazana’s retail network.
The 10-city rollout gives Tamannaah Fine Jewellery a retail presence across multiple markets through the Taj Khazana network, with the New Delhi launch serving as the first location.
-
National News2 days agoSankesh Surana Studio Unveils Viśvaṃ Viṣṇuḥ: A Monumental Contemporary Sculpture Reimagining Sacred Art
-
DiamondBuzz5 hours agoLIMIRA Enters India’s Jewellery Market With An E-Commerce-Only Model Built Around Design, Transparency and Lab-Grown Diamonds
-
National News2 days agoGold Prices Hold Steady In India, Limited Movement In Domestic Retail Gold Prices
-
New Premises4 hours agoBVLGARI Expands Its Presence In India With Its First Luxury Destination In Kolkata

