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India’s gold demand improves as prices dip

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Gold demand in India saw a slight improvement towards the week’s end as prices fell from record highs, yet remained below normal levels. Discounts in China persisted due to low activity, and India’s imports are predicted to drop significantly by 85 per cent in February. Meanwhile, gold trades in Singapore, Hong Kong, and Japan show varying premiums and discounts.

India’s gold demand improved in the second half of this week but remained lower than normal as prices retreated from all-time-high levels, while traders continued to offer discounts in China as activity remained lacklustre. Domestic gold prices were trading around 84,750 rupees per 10 grams on Friday after hitting a record high of 86,592 rupees last week.

Indian dealers this week offered a discount of $12-$27 an ounce over official domestic prices, inclusive of 6 per cent import and 3 per cent sales levies, down from the last week’s discount of $35.

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National News

Colorful Statements for the Season of Joy: The Curated Holi Edit by Kalyan Jewellers

A vibrant celebration of colour, heritage, and craftsmanship, bringing festive brilliance to your Holi celebrations.

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Celebrate the exuberance of Holi with a dazzling showcase of colours and craftsmanship from Kalyan Jewellers. A vibrant interplay of multicolored gemstones and intricately detailed gold designs captures the festive energy of the season in every luminous piece. Rooted in heritage yet refreshed with contemporary elegance, these creations are perfect for adding a radiant flourish to your celebrations. Each design reflects the joy and dynamism of the festival, blending traditional artistry with statement-making silhouettes. Whether you’re attending a festive gathering or hosting a celebration, these striking pieces promise to elevate your Holi look with effortless grandeur.

Vibrant Traditions: The Multi-Hued

Antique Set Celebrate the spirit of Holi with this antique gold set from Kalyan Jewellers, adorned with festive emerald greens, royal purples, and ruby reds that echo the playful hues of gulal. Intricate gold detailing and a serene teardrop turquoise centerpiece add depth and elegance to the design. Perfect for elevating your festive look, it pairs beautifully with a classic white kurta or a soft pastel saree, letting the colours truly shine.

Kaleidoscope of Joy: The Multi-Stone Antique Set

Embrace the exuberance of Holi with this exquisite antique gold set from Kalyan Jewellers, brought to life with a vivid medley of purple, blue, and earthy-toned gemstones. At its heart lies a striking green focal stone, framed by ornate gold craftsmanship and subtle pearl accents. Rich in detail and festive character, this piece pairs effortlessly with ivory or pastel ensembles, allowing its dynamic colors to truly glow.

Festive Spectrum: The Multicolour Heritage Set Step into the spirit of Holi with this resplendent antique set from Kalyan Jewellers, showcasing a vivid blend of emerald, ruby, and turquoise hues that echo the festival’s playful colours. Detailed peacock motifs and delicate seed pearl accents lend the piece a rich, heritage-inspired charm. Perfect for festive gatherings, it pairs beautifully with a cream silk saree or a soft pastel ensemble, allowing its vibrant tones to shine effortlessly.

Floral Radiance: The Emerald and Ruby Diamond Set Celebrate Holi with refined sparkle through this exquisite diamond set from Kalyan Jewellers. Intricate floral motifs, encrusted with diamonds, are highlighted by pear-shaped emeralds and vibrant ruby accents, bringing together fresh greens and festive pinks in perfect harmony. Elegant yet celebratory, this set adds a sophisticated glow to your look and pairs beautifully with a rich silk saree or a contemporary pastel ensemble

source: Kalyan Jewellers

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