National News
India’s gold demand improves as prices dip
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.
National News
Wear The Joy Of Rain With Daily-Delight Jewellery Inspired By Monsoon From Kama Jewelry
‘With the arrival of the monsoon season, Kama Jewelry brings in jewellery pieces that capture the beauty and elegance of the rainy season. Lightweight and easy to wear, the pieces in this collection capture sophistication from the rain through sleek diamond jewellery and modern design. The jewellery is created from 9k to 18k gold and includes pendants, rings, and necklaces.
Known for their expertise in both craftsmanship and innovation, Kama Jewelry has been designing and creating jewellery for more than 30 years that seamlessly crosses generations, seasons, and styles.’
Simran Shah, Vice President – Sales, Kama jewelry, said:
“Based on 9 to 18k gold, these daily delight jewellery pieces can be paired with casual ethnic outfits, the standard workwear, or a weekend outfit that offers a little sparkle without sacrificing aesthetics. The elegant pendants, delicate ring, and necklaces add a subtle glitter to the overall charm of this season.”
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