National News
Grand opening of Joyalukkas Showroom in Jodhpur, Rajasthan
Joyalukkas has expanded its presence with the grand opening of a new showroom in Jodhpur, Rajasthan. The inauguration ceremony was graced by . Vanita Seth, Mayor of Jodhpur Nagar Nigam (South), alongside Joy Alukkas, Chairman and Managing Director of Joyalukkas Group, and Thomas Mathew, Executive Director of Joyalukkas
National News
Domestic precious metal markets record steady retail pricing
Despite Friday’s modest rebound, gold remains on track for a weekly decline of 4.6% amid market concerns over potential U.S. Federal Reserve rate hikes and inflationary pressures
Domestic precious metal markets recorded steady retail pricing across major Indian metropolitan centers today, following global market fluctuations driven by international interest rate expectations and crude oil trends.
In the domestic bullion market, benchmark gold bullion traded at ₹1,37,310 per 10 grams, while silver stood at ₹1,77,260 per kilogram as of morning market hours. Â
Global Market Context
On the international front, spot gold saw a marginal uptick of 0.1% to reach $3,882.09 per ounce, recovering slightly after touching a 13-month low in the previous session. Despite Friday’s modest rebound, gold remains on track for a weekly decline of 4.6%—its steepest weekly drop since early June—amid market concerns over potential U.S. Federal Reserve rate hikes and inflationary pressures from rising oil prices. Meanwhile, spot silver declined by 1.74%, platinum edged lower, and palladium posted gains.
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National News36 minutes agoDomestic precious metal markets record steady retail pricing
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