National News
Gold prices edge higher on lower interest rate expectations
Gold prices moved slightly higher during Monday’s Asian trading session, reaching their highest levels in nearlyseven weeks. This upward movement was mainly supported by growing expectations that theUS Federal Reserve may begin cutting interest rates next year. Lower interest rates generally make gold more attractive, as the metal does not offer interestand becomes less costly to hold when borrowing costs fall.
In addition, ongoing global uncertainty has encouraged investors to seek safe-haven assets, further supporting demand for gold. However, gains remain somewhat limited, as recent hawkish comments from Federal Reserve officials have strengthened the US dollar, which can put pressure on dollar-priced commodities such as gold.
Market participants are now closely watching upcoming speeches by Federal Reserve Governor Stephen Miran and New York Fed President John Williams for further policy signals. Attention will also shift to the US employment data for October and November, due on Tuesday. Key indicators such as Nonfarm Payrolls, average hourly earnings, and the unemployment rate are expected to offer clearer insight into the health of the US labor market and help shape expectations for the Fed’s January policy meeting.
National News
Candere expands Karnataka presence with Kengeri store opening
Lifestyle jewellery brand by Kalyan Jewellers strengthens Bengaluru footprint with modern retail experience and launch offers up to ₹35,000 off per carat.
Candere, the lifestyle jewellery brand by Kalyan Jewellers known for its modern and trend-led designs, has expanded its retail presence in Karnataka with the launch of its newest store in Kengeri, Bengaluru. This new addition further reinforces the brand’s commitment to offering accessible, stylish, and contemporary jewellery for today’s discerning customers.
The Kengeri store represents Candere’s continued expansion in Karnataka, bringing its curated jewellery experience to one of the city’s rapidly developing residential and commercial neighbourhoods. The expansion strengthens the brand’s presence in key urban markets, catering to the growing demand for modern, design-led jewellery. Thoughtfully designed, the Kengeri store offers a contemporary retail environment complemented by personalised in-store assistance, reflecting Candere’s commitment to elegance, innovation, and an elevated shopping experience.
Known for its lightweight, versatile, and trend-forward jewellery, Candere appeals to Gen Z, working professionals, and style-conscious individuals looking for contemporary designs at accessible price points starting from Rs.10,000. Each piece is designed to help customers express their personal style through contemporary jewellery that blends seamlessly into everyday life.
To mark the launch of its new store, Candere is offering special promotions: Get up to Rs.35,000 off per carat + Rs.850 off per gram on making charges.
With the launch of its store in Kengeri, Candere continues to strengthen its omni-channel presence, integrating its digital expertise with a growing physical retail network. Supported by the heritage and trust of Kalyan Jewellers, the brand continues to enhance the jewellery-buying journey with a focus on transparency, ease, and customer relevance.
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