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
MCX Gold, Silver Decline On Weak Global Cues
Global Spot Gold Just Touched An Eight-Month Low, Dipping Below The $4,000 Psychological Barrier
India’s MCX gold prices took a heavy hit, dropping over Rs 1,650 (1.2%) to hover around Rs 140,750 per 10 grams. Silver didn’t escape the pressure either, sliding below the Rs 218,600 per kg mark.
What’s driving the sell-off? A weak international market. Global spot gold just touched an eight-month low, dipping below the $4,000 psychological barrier, while spot silver tumbled under $58 per ounce. Both metals are currently down up to 1.5%.
Meanwhile, energy markets are playing it cool. Crude oil remained virtually flat, with Brent scraping $74 per barrel and US WTI holding steady near $71.
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