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Gold price surges past Rs 1 Lakh/ 10 gm

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In a landmark moment for the Indian bullion market, gold prices have surged past the Rs 1 lakh mark per 10 grams, reinforcing the precious metal’s status as a safe-haven investment during times of economic uncertainty. On Friday, Mumbai’s renowned Zaveri Bazaar witnessed an unprecedented rise in the price of 24-carat gold, which now stands at Rs 1,01,000 per 10 grams—marking the highest ever recorded in India’s history.

This significant increase is largely attributed to a confluence of international and domestic factors. Market experts suggest that rising global gold prices, coupled with expectations of potential interest rate cuts in the United States and Europe, have played a pivotal role in boosting demand. Additionally, a weakening US dollar and ongoing geopolitical tensions, particularly in the Middle East, have further cemented gold’s appeal among investors seeking stability in volatile times.

While this surge may be welcomed by investors, it poses a financial challenge for everyday consumers, especially during the current wedding season. As gold becomes increasingly expensive, middle-class buyers may find it harder to afford new jewellery. In fact, several gold traders have reported a noticeable dip in demand for newly crafted ornaments, with many customers choosing instead to liquidate existing gold assets to take advantage of the high prices.

Looking ahead, the trajectory of gold prices remains uncertain. If global instability continues and investor demand holds strong, experts believe that prices could climb even higher. On the other hand, some analysts foresee a potential cooling-off period, citing the likelihood of profit booking by investors who may now choose to capitalize on the recent surge.

In conclusion, the current rally in gold prices underscores the metal’s enduring significance in global and domestic markets. Whether this trend will persist or see a temporary pullback remains to be seen, but for now, gold continues to shine brightly as both an investment and a symbol of security.

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ORIGEM Launches “First-In-India” 110% Lifetime Exchange Value, Disrupts The Lab-Grown Diamond Jewellery Market

With A New Exchange Proposition, The Brand Aims To Give Consumers An Additional 10% Value On Their Diamonds, Allowing Them To More Freely Upgrade Their Jewellery Choices

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ORIGEM, a lab-grown diamond jewellery brand backed by Goldiam International Ltd., has introduced its 110% Lifetime Exchange Value proposition, marking a significant step towards redefining how consumers perceive the long-term value of diamond jewellery.

As consumers become more experimental with personal style and increasingly seek value beyond the point of purchase, ORIGEM is rethinking what ownership can look like. The brand has introduced a first-of-its-kind 110% Lifetime Exchange Value proposition, offering customers 110% exchange value on the diamond value of their ORIGEM jewellery for life, along with 100% exchange value on gold at the prevailing gold rate (subject to applicable terms and conditions).

The programme is designed to give consumers the option to revisit their jewellery choices more routinely – whether that means moving to a different design, celebrating a new milestone or simply choosing something that feels more relevant to them today. In doing so, ORIGEM is looking to make the purchase journey less about committing to one piece and more about creating room for choices along the way, while being rewarded for it.

Anmol Bhansali, Managing Director, Goldiam International Limited, said:

“The jewellery category has traditionally been built around the idea of permanence, but the consumer is changing. Today, personal style is far more fluid, and people want their purchases to work with the way they live and evolve. With ORIGEM’s 110% Lifetime Exchange Value, we are bringing that thinking into jewellery – giving consumers an added sense of confidence & financial security that their choice today will continue to hold value tomorrow. It is a step towards making the category more relevant to how consumers actually think and shop today.

This is increasingly relevant in the lab grown diamond space, where we hope to encourage our customers to experiment frequently across a much larger variety of shapes than is otherwise affordable with natural diamonds.”

Abhinav Kumar, President, ORIGEM, said:

“We believe the first purchase should be the beginning of the jewellery journey, not the end of it. Consumers should have the freedom to discover different designs and make new choices without feeling restricted by an earlier purchase. Our lifetime exchange programme is built to enable exactly that, to not just allow, but also to reward upgrading one’s jewellery while making the overall experience of owning Origem diamond jewellery more contemporary and consumer-friendly.”

The proposition also marks ORIGEM’s effort to build a differentiated consumer experience within the growing lab-grown diamond jewellery category. By placing greater emphasis on what happens after the purchase, the brand is expanding the conversation around jewellery from just acquisition to ownership.

With this initiative, ORIGEM aims to establish a new benchmark for how consumers perceive the long-term value of diamond jewellery — one that combines the emotional significance of the purchase with the freedom to fulfil new desires along the way.

The offer is live across ORIGEM Stores pan-India.

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