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
Raj Diamonds Collaborates With Gaurav Gupta For A Diwali Campaign Celebrating Relationships, Family and Togetherness
This Diwali, Raj Diamonds collaborates with couturier Gaurav Gupta on a special campaign celebrating the spirit of togetherness, the bonds of family and the relationships that make every celebration meaningful. Bringing together fine jewellery and contemporary couture, the campaign honours the role of jewellery in marking cherished moments, expressing individuality and connecting generations.
Featuring Bipasha Basu and Karan Singh Grover, Diipa Büller Khosla and Oleg Büller, Subiksha Shivakumar and Akshara Shivakumar, alongside Jaya Raheja, the campaign brings together personalities who each adorned Raj Diamonds jewellery in their own distinctive style. A blend of traditional and contemporary creations reflects the versatility of the brand’s design language, where heritage craftsmanship meets modern expression.
With a commitment to exceptional craftsmanship, innovative design and the sourcing of rare gemstones, Raj Diamonds creates jewellery that celebrates both individuality and tradition. Its distinctive repertoire spans intricate South Indian gold jewellery embellished with diamonds, rubies and emeralds, alongside contemporary, meticulously engineered creations. The collaboration with Gaurav Gupta brings these sensibilities together in a visual celebration of artistry, personal style and cultural heritage.
Speaking on this special occasion, Eshwar Surana, Director, Raj Diamonds, said:

“Diwali is a celebration of family, togetherness and the relationships we cherish. At Raj Diamonds, we believe jewellery becomes part of these stories, carrying personal meaning across generations while allowing every individual to express their own style. Our collaboration with Gaurav Gupta brings this sentiment to life through a shared appreciation for craftsmanship, creativity and the beauty of self-expression.”
At its heart, the campaign reflects the essence of Diwali: a time to honour relationships, create lasting memories and celebrate the people who bring meaning to every occasion.
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