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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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This Onam, Shanaya Kapoor Curates Indinoor’s Celebration Of Timeless Temple Jewellery

Indinoor Brings South Indian Heritage To Life With A Contemporary Temple Jewellery Edit Curated By Shanaya Kapoor

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As homes fill with the fragrance of fresh flowers, Onam Sadhyas are lovingly prepared, and Kasavu sarees come out of wardrobes once again, jewellery becomes more than an accessory. It becomes a celebration of heritage, identity and the traditions that bring generations together.

This Onam, Indinoor brings that sentiment to life with a specially curated Temple Jewellery Edit by co-creator Shanaya Kapoor. Rooted in South India’s rich jewellery traditions yet designed for the modern woman, the edit reflects Indinoor’s belief that heritage jewellery should feel just as relevant today as it did generations ago.

Since co-creating the brand, Shanaya has helped shape Indinoor’s creative vision with a simple philosophy: traditional jewellery should be effortless to wear, versatile to style and cherished beyond festive occasions. Her Onam curation brings together timeless Temple jewellery that pairs as beautifully with a classic Kasavu saree as it does with contemporary festive silhouettes, encouraging women to celebrate tradition in their own way.

At the heart of the collection lies the artistry of Temple jewellery, inspired by centuries-old South Indian craftsmanship. From lotus and keri motifs to intricate temple-inspired detailing, every design pays homage to India’s cultural legacy while embracing a modern sensibility. The edit features everything from statement necklaces and earrings to bangles, rings and festive accessories, offering thoughtfully crafted pieces for every celebration.

With the Temple Jewellery Edit, Indinoor reimagines festive dressing for a new generation, where heritage is not preserved behind glass but worn with confidence, celebrated with joy and passed on through every occasion. This Onam, the brand invites women to embrace jewellery that honours tradition while becoming part of their own evolving story.

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