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Gold,  silver price decline continues, downward momentum may continue  in the short term

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Gold and silver prices in India continued their downward trend for the third consecutive day, following record highs seen just before Dhanteras 2025. By the end of Tuesday’s trading session, gold was down 2.06%, closing at Rs.1,18,461 per 10 grams, while silver dropped 1.36% to Rs.1,41,424 per kilogram. On the Multi Commodity Exchange (MCX), gold opened 0.7% lower at Rs.1,20,106 per 10 grams, compared to the previous session’s Rs.1,20,957. Silver also registered a similar decline, opening 0.69% lower at Rs.1,42,366 per kilogram.

The fall comes after a strong two-month rally, with traders now booking profits amid changing global cues. After a solid two-month rally, gold and silver prices came under heavy selling pressure as both metals slipped below key psychological levels — $4,000 for gold and $47 per ounce for silver. The decline is being driven by a stronger dollar index and renewed optimism over US trade discussions with China and India.

Analysts opine that gold prices continue to decline as safe-haven demand weakens amid optimism over a potential US–China trade deal and a stronger US dollar.Investors considering gold as a hedge should prepare for short-term volatility and sharp price swings Experts attribute this continued weakness to profit booking and global market cues. Many analysts warn that the downward momentum may persist in the short term, urging investors to monitor price movements before making fresh purchases.Despite the current dip, gold remains significantly higher than pre-festive season levels, highlighting ongoing volatility in the bullion market

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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.

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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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