National News
JOSH convocation ceremony celebrates graduates, including specially abled candidates
The Jewellery Occupational Skilling Hub (JOSH), the first-ever industry-funded, state-of-the-art training centre of the Gem & Jewellery Skill Council of India (GJSCI), held its convocation ceremony at Bharat Ratnam Mega CFC SEEPZ, Mumbai on 12th February. The event celebrated the graduation of 136 candidates, comprising the ninth batch of regular trainees and the second and third batches of Specially Abled Persons.
The convocation was graced by dignitaries including chief guest Mr. Dnyaneshwar B. Patil, IAS, Development Commissioner, SEEPZ-SEZ; Mr. Raghuraj Rajendran, IAS, Secretary (Technical Education), Skill Development and Employment, Government of Madhya Pradesh; and Mr. Sriram Natarajan, Managing Director, Gemological Institute of America (GIA); Also present on the occasion was Shri. Milan Chokshi, Chairman, GJSCI.
In his welcome address, Mr. Milan Chokshi congratulated the graduates for their dedication and perseverance in joining the gems and jewellery industry. He also extended gratitude to industry partners, including Mega CFC, SEEPZ Development Commissioner’s office, and GIA, for their continuous support in bridging the skill gap in the sector.
National News
Domestic precious metal markets record steady retail pricing
Despite Friday’s modest rebound, gold remains on track for a weekly decline of 4.6% amid market concerns over potential U.S. Federal Reserve rate hikes and inflationary pressures
Domestic precious metal markets recorded steady retail pricing across major Indian metropolitan centers today, following global market fluctuations driven by international interest rate expectations and crude oil trends.
In the domestic bullion market, benchmark gold bullion traded at ₹1,37,310 per 10 grams, while silver stood at ₹1,77,260 per kilogram as of morning market hours. Â
Global Market Context
On the international front, spot gold saw a marginal uptick of 0.1% to reach $3,882.09 per ounce, recovering slightly after touching a 13-month low in the previous session. Despite Friday’s modest rebound, gold remains on track for a weekly decline of 4.6%—its steepest weekly drop since early June—amid market concerns over potential U.S. Federal Reserve rate hikes and inflationary pressures from rising oil prices. Meanwhile, spot silver declined by 1.74%, platinum edged lower, and palladium posted gains.
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