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
Litestyle by PNG Expands Retail Presence with New Store in Kolhapur
Lightweight gold and diamond jewellery brand brings modern, everyday designs to the city inaugurated by Mayor of Kolhapur Ruparani Sangramsinha Nigam
PNG Jewellers has expanded its retail footprint with the launch of its lightweight jewellery brand, Litestyle by PNG, in Kolhapur by the Mayor of Kolhapur Ruparani Sangramsinha Nigam. Strategically located in Shahupuri, opposite the railway station, the new store introduces a curated range of contemporary gold and diamond jewellery designed for everyday elegance.

The store showcases minimalistic, modern designs tailored for today’s women who seek style, comfort, and versatility in their jewellery choices. With a focus on lightweight pieces, the brand aims to blend affordability with refined aesthetics, catering to evolving consumer preferences.
The grand inauguration on 22 March 2026 marked the brand’s official entry into the Kolhapur market, offering customers an opportunity to explore its latest collections firsthand.

Litestyle by PNG further strengthened its brand positioning in December 2025 with the appointment of Sara Tendulkar as its brand ambassador, signalling a sharper focus on youth appeal and contemporary styling.

With a structured expansion plan across Maharashtra beginning March 2026, the “Litestyle” brand is strategically positioned to cater to the rising demand for daily-wear jewellery that combines affordability with trend-forward design. Targeting working women and younger consumers, the brand continues to emphasise versatility, comfort, and modern aesthetics. Through this expansion, Litestyle by PNG aims to deepen its presence in Kolhapur while reinforcing its positioning as a preferred destination for lightweight, contemporary jewellery.
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