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
Divine Solitaires marks Gudi Padwa with a sparkling festive initiative
Festive diamond coin offer blends affordability, assured value, and auspicious buying for Gudi Padwa
Divine Solitaires is celebrating the auspicious festival of Gudi Padwa with a limited-period festive initiative designed to make diamond ownership more accessible and meaningful.
As part of the offer, valid until March 19, customers can usher in prosperity and new beginnings by booking a Divine Solitaires Diamond Coin for just ₹2,000. The initiative aims to encourage aspirational and assured investment in natural diamonds during the festive season.
Adding further value, the offer includes price protection, allowing customers to benefit from any potential drop in market prices. Each booked coin also comes with a complimentary enamel brass jacket, enhancing its festive and collectible appeal.
| Coin Weight | Diamond Carat |
| 1 gram | 0.10 carat |
| 2 grams | 0.14 carat |
| 3 grams | 0.18 carat |
Each coin features rare diamonds crafted in the iconic 8Hearts8Arrows pattern—found in less than 1% of the world’s diamonds. These are high-quality VVS and EF grade stones, known for their exceptional clarity, brilliance, and colourless appearance.
“The harvest festival of Gudi Padwa represents new beginnings, abundance and hope. It is a time when people welcome prosperity into their lives and celebrate meaningful milestones with their loved ones. Diamonds, with their timeless brilliance, have always been a symbol of joy, positivity and enduring value, making them a beautiful way to mark such special occasions,” said Jignesh Mehta, Founder and Managing Director, Divine Solitaires.
Customers can book their diamond coins across Divine Solitaires’ extensive retail network of 200+ shop-in-shop stores spanning over 100 cities in India.
Divine Solitaires marks Gudi Padwa with a sparkling festive initiative
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