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Gold  hovers around Rs 1 lakh/10gm, MCX  gold prices breach ₹99,000

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Gold prices in the retail market of Delhi surged to a historic high of ₹1 lakh per 10 grams on Tuesday, driven by strong safe-haven and investment demand for the yellow metal. Gold bullion rates in Mumbai reached ₹97,380/10 gm.

On the Multi Commodity Exchange (MCX), gold prices breached the ₹99,000 mark for the first time, mirroring the rally in international bullion prices. Weakened risk appetite among investors further bolstered the demand for gold as a safe-haven asset.

MCX gold rate opened higher at ₹98,753 per 10 grams, compared to the previous close of ₹97,279. Gold prices rallied by ₹1,899 or 1.95% during the session, hitting a new all-time high of ₹99,178 per 10 grams.

In the international market, gold extended its record-breaking rally amid mounting investor concerns following US President Donald Trump’s criticism of Federal Reserve Chair Jerome Powell.

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Rajiv Jain Elected Chairman Of Jaipur Jewellery Show

The members expressed their confidence that, under his leadership, JJS will continue to achieve new milestones while further strengthening its position as one of the country’s premier gem and jewellery exhibitions.

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The Jaipur Jewellery Show Organising Committee has unanimously elected  Rajiv Jain as the Chairman of Jaipur Jewellery Show (JJS).  Rajiv Jain is a distinguished industry leader with decades of exemplary service to the gem and jewellery sector and had held many important positions.

A few of the key positions held by him are: Past Chairman, Gems & Jewellery Export Promotion Council (GJEPC), sponsored by the Ministry of Commerce & Industry, Government of India; Chairman, Confederation of Indian Industry (CII), Rajasthan; Founder Chairman, Museum of Gems & Jewellery, Jaipur; and Past Chairman, Indian Institute of Gems & Jewellery, Jaipur (IIGJ Jaipur).

Rajiv Jain succeeds Vimal Chand Surana, who has served as the Chairman of JJS for the past 19 years. Under his visionary leadership, Jaipur Jewellery Show has evolved into one of India’s most respected and successful gem and jewellery exhibitions. In recognition of his distinguished service, exemplary leadership, and invaluable contribution to the growth of JJS, the Organizing Committee has unanimously named him as the Patron of Jaipur Jewellery Show.

Following these appointments, the Executive Committee of Jaipur Jewellery Show (JJS) is constituted as under: Vice Chairman,  Dinesh Khatoria; Secretary,  Kamal Kothari; Joint Secretary,  Ajay Kala; Joint Secretary,  Ashok Singhi; and Treasurer, Dr. Nawal Agrawal.

The members conveyed their heartfelt congratulations to Shri Rajiv Jain on his unanimous election as Chairman and expressed their confidence that, under his leadership, Jaipur Jewellery Show will continue to achieve new milestones while further strengthening its position as one of the country’s premier gem and jewellery exhibitions.

The Organizing Committee looks forward to the continued support and active cooperation of all Committee Members and Sub-Committee Members in carrying forward the vision and legacy of Jaipur Jewellery Show.

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