National News
Gold, silver price decline continues, downward momentum may continue in the short term
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
National News
Bhima Gold Unveils Ashtalakshmi Coin Collection for Akshaya Tritiya, Blending Devotion with Exquisite Design
A culturally rooted, insight-led launch that reimagines festive gold buying through storytelling, symbolism, and spiritual relevance.
In a move that blends cultural storytelling with product innovation, Bhima Gold has unveiled its Ashtalakshmi Coin Collection for Akshaya Tritiya – positioning gold not just as a purchase, but as a deeply symbolic expression of prosperity, faith, and intent.
Timed with one of India’s most significant gold-buying occasions, Akshaya Tritiya, the launch reflects a deeper cultural shift in consumer behaviour. While the festival continues to drive strong purchase intent, there is a growing preference for meaningful, purpose-led buying experiences over purely transactional consumption.
Aligned with this evolving mindset, the Ashtalakshmi coin collection has been thoughtfully conceptualised to blend tradition with deeper symbolism. Inspired by the eight sacred forms of Goddess Lakshmi, each coin represents a distinct dimension of prosperity—from wealth and nourishment to courage, knowledge, and continuity.

By bringing together Adi Lakshmi, Dhana Lakshmi, Dhanya Lakshmi, Gaja Lakshmi, Santana Lakshmi, Veera Lakshmi, Vijaya Lakshmi and Vidya Lakshmi, the collection reframes gold coins from being a generic festive purchase to a story-driven, culturally immersive product experience – one that resonates across generations and belief systems.
This launch also aligns with Bhima Gold’s larger centenary narrative of “Together Purever,” which focuses on legacy, shared traditions, and evolving consumer meaning. The collection becomes an extension of that philosophy – reinforcing how heritage brands are reinterpreting tradition for a more aware and emotionally driven consumer.
Customers can pre-book their favourite jewellery by paying just 10% in advance & get their jewellery on Akshaya Tritiya at the lowest rate, which gives customers more flexibility and helps them plan their purchases with greater confidence, especially at a time when gold prices are high.
Akshaya Tritiya has traditionally been associated with intention, belief, and the aspiration for prosperity, extending beyond a purely transactional act of buying gold. The Ashtalakshmi Coin Collection has been conceptualised to reflect this deeper cultural and spiritual significance, with each coin designed to carry a distinct meaning and sense of purpose. The initiative also aligns with evolving consumer preferences, where there is a noticeable shift towards jewellery that offers emotional, cultural, and spiritual resonance in addition to intrinsic value.
With gold prices near record highs and consumer sentiment becoming more considered, Bhima’s Ashtalakshmi Coin Collection signals a broader shift in the category — from price-led promotions to meaning-led engagement, where design, storytelling, and cultural relevance drive both differentiation and demand.
As legacy brands navigate a new era of conscious consumption, Bhima Gold’s latest offering highlights how tradition can be reimagined as experience, making gold buying not just an act of investment, but an expression of identity and belief.
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