National News
Jewelbox Strengthens South India Footprint with Flagship Store in Bangalore
Jewelbox, a pioneer in lab-grown diamond jewellery, has expanded its presence in South India with the opening of its flagship store in Jayanagar, Bangalore.
This expansion follows the brand’s successful entry into Chennai and is a key part of its retail growth strategy, which has seen rapid expansion with stores in Delhi, Gurgaon, Chennai, Kolkata, and Guwahati over the last six months.
Bangalore, contributing 15% of Jewelbox’s total online orders, is now a pivotal market for the brand. The new store is poised to cater to the rising demand for sustainable luxury jewellery, drawing on the city’s eco-conscious and affluent consumer base, as well as its status as a hub for young professionals.
“We’ve always seen Bangalore as a key market for growth,” said Vidita Kochar Jain, Co-Founder of Jewelbox. “With the Jayanagar store, we’re offering a personalized in-store experience for customers who appreciate sustainability, innovation, and exceptional craftsmanship.”
The Jayanagar store will showcase a curated collection of lab-grown diamond jewellery, featuring personalized consultations, exclusive designs, and expert styling advice aimed at consumers aged 25 to 50.
With the lab-grown diamond market in India set to reach USD 797.92 million by 2030, growing at a CAGR of 14.8%, Jewelbox is positioning itself to capitalize on this growing demand for sustainable jewellery. The brand plans to open three to four additional stores in Bangalore by the end of 2025, further strengthening its presence in the region.
This store launch is part of Jewelbox’s comprehensive omni-channel strategy, combining the convenience of online shopping with the immersive, hands-on retail experience at its Jayanagar outlet.
National News
India  Gold, Silver Prices See Sharp Decline
Bullion Prices Have Come Under Pressure As Investors Recalibrate The Outlook For Global Interest Rates and Adjust Demand Expectations Ahead Of Key U.S. Economic Data.
Gold rates and silver rates in India crashed sharply on September 11, 2026, as investors awaited CPI inflation data of USA and India. MCX gold dropped nearly 1% to trade below Rs 1,51,600 per 10 grams mark, while MCX silver also declined 1% to struggle around Rs 2.32 lakh per 1 Kg level. This is due to global bullion market which is moving on a cautious note, coupled with rising crude oil prices and treasury yields.
Gold prices fell sharply in early trade on Friday, with benchmark futures on the MCX slipping below the Rs 1,51,000 per 10 grams level as shifting interest rate expectations weighed on the metal.
The MCX Gold October futures contract plunged to an intraday low of Rs 1,50,695 per 10 grams, down Rs 1,646, or 1.08%, from its previous close of Rs 1,52,341. By mid-morning, the contract had trimmed a portion of its losses to trade at Rs 1,51,474 per 10 grams, down Rs 867, or 0.57%.
The slide follows a session of losses on Thursday, when the October contract settled lower at Rs 1,52,341, down from Rs 1,53,763 on Sept 9.
Bullion prices have come under pressure as investors recalibrate the outlook for global interest rates and adjust demand expectations ahead of key U.S. economic data. The trajectory of the U.S. dollar and government bond yields continues to dictate near-term direction across precious metals markets.
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