loader image
Connect with us

National News

Indian Gold ETF investments surge in October amid global outflows

Published

on

Gold ETfs
1,946 Views

Investments in physically backed gold exchange-traded funds (ETFs) by Indian investors were the third highest globally in October, even as major Western markets such as the UK and Germany saw sustained outflows, according to the latest data from the World Gold Council.

From January 1 to October 31, India emerged as the fifth-largest contributor to global gold ETF inflows. Notably, October proved to be a pivotal month, accounting for nearly one-third of India’s total inflows for the period. As of November 7, Indian gold ETF holdings had reached $2.91 billion, supported by a strong monthly inflow of $849.8 million in October.

However, preliminary data for November suggests a shift in sentiment across key markets. In the first week of the month, US gold ETFs registered outflows worth $77.6 million, while investors in other regions collectively withdrew $38.3 million. Comparable figures for Indian ETFs during this early-November window have not yet been reported.

According to the WGC, physically-backed gold exchange-traded funds are an important source of gold demand, with institutional and individual investors using them as part of well-diversified investment strategies.Investments in gold in various forms have increased over the past two years on rising geopolitical crisis and uncertainty over trade wars, particularly between the US and other nations such as China, Brazil and Canada.

Continue Reading
Advertisement JewelBuzz Banner
Click to comment
Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

National News

Sennes by Senco Gold & Diamonds Launches  First Exclusive LGD Jewellery Store In Gaur City Mall, Noida

A Month-Long Offer Of Up To 50% Off On Making Charges, 30% Off On Diamond Value, and Up To 40% Off On Leather Products To Mark The Launch

Published

on

1,959 Views

Backed by the legacy and trust of Senco Gold & Diamonds, Sennes – Senco’s lab-grown diamond-focused lifestyle brand – announced the launch of its first exclusive store in Noida at Gaur City Mall. This marks Sennes’ 12th store in the country and its debut in the Noida market, further strengthening its presence across key urban centres. Strategically located at Gaur City Mall, the store is poised to become a key destination for shoppers in Noida, offering a refined retail environment that blends product innovation with a modern lifestyle experience.

Positioned at the intersection of sustainability and modern design, Sennes brings lab-grown diamond jewellery into a broader lifestyle context, alongside leather accessories and fragrances.

To celebrate the launch, Sennes is offering attractive introductory promotions, including up to 50% off on making charges and 30% off on diamond value, along with up to 40% off on leather products – creating a compelling entry point for customers to explore the brand.

Spread across approximately 670 sq. ft., the newly launched store has been designed to deliver a modern, immersive retail experience, reflecting Sennes’ contemporary design language and its focus on a seamless customer journey. As an exclusive, company-owned outlet, the store reinforces the brand’s commitment to offering a consistent and elevated experience across locations.

The store showcases a curated selection of Sennes’ offerings across lab-grown diamond jewellery, leather accessories, and fragrances – bringing together craftsmanship with a distinctly modern aesthetic. Among the highlights are statement pieces such as the Pear Allure Diamond Ring (3.72 carat), Enchanting Interplay Diamond Ring, Classic Glamour Diamond Earrings, and Confident Glamour Diamond Earrings featuring striking blue stones. The leather collection includes versatile styles like the Vivace Sling Bag, available in multiple colours, and the Charisma Handbag with a distinctive croc-textured finish. The fragrance range further enhances the experience with offerings such as L’Euphorie, La Sérénité, L’Élégance, Le Désir, La Passion, and L’Harmonie, available in both 100ml and 50ml formats for men and women.

Joita Sen, Director and Head of Marketing, Senco Gold & Diamonds, said:


“Noida consumers are both design-aware and decisively modern in how they approach jewellery today. With Sennes, our focus has been on introducing lab-grown diamonds not just as an alternative, but as part of a larger, design-led lifestyle. This store brings that vision together—where jewellery, leather, and fragrance exist as one cohesive experience. As we expand into Noida, the idea was to create a space that feels intuitive, contemporary, and clearly reflective of what Sennes stands for.”

Continue Reading

Trending

JewelBuzz is Asia’s First Digital Jewellery Media & India’s No.1 B2B Jewellery Magazine, published by AM Media House. Since 2016, we’ve been the trusted source for jewellery news, market trends, trade insights, exhibitions, podcasts, and brand stories, connecting jewellers, retailers, and industry professionals worldwide.

We would like to hear from you...

GET WHATSAPP NEWS ALERTS

0
Would love your thoughts, please comment.x
()
x