National News
Gold, silver surges to unprecedented highs on global hues
Gold and silver prices are rising in Indian markets. They are close to record highs due to global uncertainty. Gold futures reached Rs 1,05,300 per 10 grams.
Silver also increased to Rs 1,25,249 per kg. Experts suggest buying gold and silver on dips. They expect gold to reach Rs 1,07,000 and silver Rs 1,27,000 soon. Market trends are volatile.
On the Multi Commodity Exchange (MCX), October gold futures climbed 2.03% to Rs. 1,05,937 per 10 grams, while December contracts touched Rs. 1,06,539. Silver December futures spiked 2.5% to Rs. 1,24,990 per kilogram
A confluence of factors has triggered a fresh up-move in gold prices. The biggest one is the hopes of a rate cut by the US Federal Reserve in September. After US Fed Chair Jerome Powell signalled a rate cut in his Jackson Hole speech, a few other Fed officials have indicated in the last few days that the Fed is ready to cut rates this month.
Last Thursday Fed Governor Christopher Waller said he would support an interest-rate cut in September and further reductions over the next three to six months.
Reuters reported that in a Friday social media post, San Francisco Fed Bank President Mary Daly reiterated her support for an interest rate cut, given the risks to the labour market.
Gold climbed from $3,375 to $3,450 over the past week, driven by dovish economic data and expectations of a Federal Reserve rate cut. A neutral reading in Friday’s PCE Index kept the rate-cut narrative intact, while Thursday’s stronger-than-expected 3.3% QoQ GDP revision added momentum to gold buying. With prices now at fresh highs, market attention is turning to next week’s US Jobs Report, which could serve as the next major catalyst—or a potential headwind—for the metal.
National News
IAGES Accredited Partner Directory Brings Verified Gold Businesses Together on One Trusted Platform
Hosting More than 700 Accredited Outlets Across 200+ cities, the IAGES Directory Serves as a Bridge Between Consumers Seeking Trustworthy Gold Transactions and Accredited businesses
The Accredited Partner Directory launched by the Indian Association for Gold Excellence and Standards (IAGES) in November, 2025 has gained significant momentum among consumers and gold businesses since its inception. This one-stop digital platform now hosts a growing network of over 700 IAGES partner outlets across 200 cities, allowing consumers to find verified, trusted jewellers nearest to them before they step out to buy or exchange gold.
An IAGES verified business follows a stringent code of conduct that mandates accountability, responsibility and ethical conduct across its entire value chain. IAGES’ Accredited Partner Directory offers consumers trust, confidence and peace of mind, allowing them to explore and choose these verified, third-party assessed gold jewellers nearest to them either by brand name, location, or category.
The accredited entities appearing in the directory include strong national, regional and city-based large, medium and small retailers. The directory not only includes verified gold jewellers, but also lists gold refiners, bullion traders, manufacturers and assaying and hallmarking centres and digital gold retailers.
Kaushlendra Sinha, CEO, IAGES, said:
“The growing list of partners in the IAGES Accredited Partner Directory reflects the gold industry’s readiness to adopt transparent and compliant business practices, building consumer confidence and trust while slowly formalising the gold ecosystem in India. We invite all gold businesses to come forward and join the movement to transform India’s gold industry, one accreditation at a time!”
IAGES is currently running a consumer awareness campaign – ‘Before you exchange or buy gold #PehlaCheckIAGES’ to spread the word about the importance of buying gold only from a verified, credible retailer. The successful campaign has reached 50 million+ consumers through online and offline mediums, while the IAGES website is seeing massive hits every day as consumers check the directory to verify a gold business.
Sumeet Deoda, Vice President – Marketing and Communication, IAGES said:
“Clearly, the IAGES Accredited Partner Directory has been much anticipated by consumers, gold jewellers and gold business entities alike! We are happy to finally share this growing database with the world even as we continue to work towards our goal of changing the gold-buying mindset in India as the first, crucial step towards formalising the industry,”
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