National News
Gold prices touch Rs 1 lakh/10 gm mark: AUGMONT BULLION REPORT
Gold prices reached a record high of $3397 (~Rs 96747) on exchanges and nearly Rs 1 lakh in the spot market after adding 3% GST. Concerns over global economic growth as a result of the escalating Sino-U.S. trade war are driving the rise, with a weaker dollar adding to the momentum.
Fundamentally, markets are pricing in increased geopolitical risks, fueled by U.S. trade tensions and stagflation concerns, while persistent central bank demand adds to price pressures. On April 2, US President Donald Trump imposed “reciprocal tariffs” on dozens of countries, and while his administration has suspended duties for some, it has escalated its trade war with China.
China cautioned countries on Monday not to strike a bigger economic deal with the United States at its expense, a move Trump is allegedly looking for from countries seeking tariff reductions or exemptions. Meanwhile, Trump launched a slew of attacks on Federal Reserve Chairman Jerome Powell on Thursday, as his administration considers firing him.
On the geopolitical front, Russia and Ukraine accused one other of hundreds of strikes that breached President Vladimir Putin’s one-day Easter ceasefire, with the Kremlin claiming there was no instruction to extend the pause in frontline fighting.
The next potential milestone for gold could be around $3500 (~Rs 100,000) if this rally continues further, but positioning may appear crowded in the short run, and technical indications suggest near-term overbought circumstances. However, one must exercise extreme caution because prices have skyrocketed in a relatively short period. If prices fall below $3300 (~Rs 94300), profit-booking can lower prices to around $3100 (~Rs 90000). Silver prices have been trading in the range of $32 (~ Rs 94000) and $33 (~ Rs 97000) and to to continue same range in the coming week
National News
This Ashadh, Maharashtra’s Greatest Walk Of Faith Becomes A Jewel: PNGS Unveils ‘Waricha Suvarnasaj’
The 192-year-Old Jewellery House Launches ‘Dagina Maharashtra-Cha ‘, A First-Of-Its-Kind Series That Crafts One Handcrafted Gold Masterpiece Every Month, Each Capturing An Iconic Symbol Of Maharashtra. The Journey Begins With A Tribute To The Wari.
What if you could hold a month in your hands? The rhythm of the taal and mridang, the chant of “Dnyanoba–Tukaram” rising over dusty roads, lakhs of Warkaris walking towards Pandharpur with nothing but longing in their hearts and all of it, captured in gold.
P. N. Gadgil & Sons (PNGS), Maharashtra’s beloved 192+ year old jewellery house, today unveiled ‘Dagina Maharashtra-cha’ (The Jewel of Maharashtra) an unprecedented Product of the Month series in which the brand’s master craftsmen will create one unique, handcrafted gold masterpiece every month, each inspired by a singular, iconic symbol of Maharashtra: its seasons, its festivals, its faith, and its living heritage.
The series opens in the sacred month of Ashadh with ‘Waricha Suvarnasaj ‘, a one-of-a-kind creation dedicated to the Wari, the centuries-old pilgrimage that defines Maharashtra’s spiritual soul.

A Pilgrimage You Can Wear
Look closely, and the piece begins to speak.
The myriad golden beads echo the sanctity of the Tulsi mala and the unbroken devotion of the Warkaris. At its heart, two ornate forms evoke the divine presence of Vitthal and Rukmini, while an arrangement of green gemstones recalls the Kaustubh gem and the purity of Tulsi leaves. Even the design language draws from the traditional fish-shaped ear ornaments (masoli karnabhushan) adorning Vitthal and Rukmini, so that every detail of the piece carries the cultural memory of the Wari.
This is not jewellery designed for a season’s trend. It is a story of faith, rendered in gold.
Aditya Modak, COO/CFO of P N Gadgil & Sons said:

“A dagina is never just an ornament; it carries the heritage of a culture and the identity of its land. With ‘Dagina Maharashtra-cha’, we are attempting something no jewellery house has done before: preserving Maharashtra’s story, month by month, in gold. There could be no truer beginning than the Wari because the Wari is not a pilgrimage alone; it is who we are,”
Twelve Months. Twelve Stories. One Maharashtra.
Each month, PNGS will unveil a new handcrafted creation inspired by the character of that Marathi month, its changing landscape, its celebrations, its beliefs and its history. Together, the twelve pieces will form a golden chronicle of Maharashtra itself, a collection conceived not merely to be owned, but to be inherited.
For patrons and collectors, this makes every month an occasion: a new story revealed, a new masterpiece to discover, and a rare opportunity to bring home a piece of Maharashtra’s identity before the calendar turns.
‘Waricha Suvarnasaj’ is now on display across all PNGS stores in Maharashtra. Patrons can experience the piece up close and learn the story behind every motif from PNGS’s in-store experts.
***END***
About P N Gadgil & Sons (PNGS)
Founded in 1832, P N Gadgil & Sons is one of India’s most trusted legacy jewellery houses, carrying forward 192+ years of craftsmanship, purity, and cultural pride. Today, PNGS serves customers through 126 points of sale across 65 cities and 21 states, blending time-honoured artistry with contemporary design under its house of brands, including Gargi by PNGS.
Social media handle of PNGS and Spokesperson
PNGS Website -https://www.onlinepng.com/
PNGS Instagram – https://www.instagram.com/pngadgilandsons/
PNGS LinkedIn – https://www.linkedin.com/company/png-sons-p-n-gadgil-and-sons-ltd/
Aditya Modak LinkedIn – https://www.linkedin.com/in/aditya-modak-9a8393102/
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Aarya Raut – 8484809115
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