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Gold prices in India witness massive jump; XAU/USD hangs close to record highs above $3,200

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Gold prices in India witnessed a massive jump for the second consecutive day, continuing their bullish streak. MCX gold prices stood at ₹92,050 per 10 grams on April 11 at 8:15 am, up ₹17, or 0.02 per cent and MCX silver prices rose 0.1 per cent or ₹94 to ₹91.689 per kg, according to data on the multi-commodity exchange (MCX).Further, 24-carat gold was priced at ₹92,170 per 10 grams, according to data on the Indian Bullion Association (IBA) and 22-carat gold was priced at ₹84,489 per 10 grams. Silver was priced at ₹92,030 per kg (Silver 999 Fine) at 8:15 am on April 10, according to the IBA website.

XAU/USD hangs close to record highs above $3,200.Gold price flirts with record highs near $3,220 in early Europe on Friday. Deepening US-China trade war and US economic concerns underpin the Gold price. Gold price looks to the US PPI inflation data and tariff talks for further cues.  US Gold price (XAU/USD) keeps its range close to fresh all-time highs near $3,220 in early Europe on Friday. The US Dollar (USD) downward spiral and escalating trade war between the United States (US) and China continue to underpin the safe-haven appeal of Gold price.

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National News

Challani Jewellery Mart Marks 13th Anniversary with Grand Celebrations and Employee Recognition

Grand Event Honours Employees With Rewards and Recognises Contributions, Celebrating Growth, Unity, and Organisational Milestones

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Challani Jewellery Mart, with a strong presence across Chennai, Madurai, and Pondicherry, celebrated its 13th Anniversary at the Sheraton Grand Chennai Resort & Spa in a grand and vibrant ceremony.

The event witnessed the presence of distinguished personalities, including Ravi, IPS, Isari Ganesh, Vikramaraja, Varadarajan, Sowbhagya, Jayantilal Challani, Hemalatha Jayantilal, Rishub Challani, Goutham Challani, and Sripal Challani, along with several other notable guests.

A key highlight of the celebration was the recognition of employees, where 52 staff members were rewarded with televisions, washing machines, and refrigerators for their dedication. In a remarkable gesture, 8 employees were also gifted plots worth ₹15 lakh each, acknowledging their significant contribution to the company’s growth.

The gathering was further enriched by inspiring addresses from Erode Magesh and Ramakrishnan, whose speeches resonated with the audience. The event also featured lively dance performances by staff, adding energy and entertainment to the celebrations.

The day was marked by a spirit of achievement, appreciation, and camaraderie, making it a memorable milestone for the organisation. The event concluded with a vote of thanks by Elayaraja, Vice President, bringing the celebrations to a close on a note of gratitude.

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