National News
P N Gadgil & Sons Expands to Thane, Bringing Its Legacy of Trust and Excellence to the City
P N Gadgil and Sons (PNGS), one of India’s most legendary jewellery brands, has inaugurated its latest showroom in Thane. Located at Shrushti Prime, Gokhale Road, the grand opening marks a new milestone in PNGS’s 193-year legacy, fulfilling the long-standing demand of customers in the region.
For decades, customers from Thane have expressed their desire for a PNGS showroom closer to home, drawn by the brand’s continued commitment to transparency, ethical business practices, and unmatched service. With this expansion, PNGS strengthens its promise of delivering exquisite jewellery and a seamless shopping experience to its patrons.
The launch event witnessed an overwhelming response from jewellery enthusiasts, who explored a wide collection of gold, diamond, and silver designs. Blending timeless tradition with contemporary elegance, the showroom showcases superior craftsmanship and trendsetting pieces that reflect PNGS’s dedication to excellence.
PNGS had announced special inaugural offers to celebrate the grand opening, available until March 9, 2025. These exclusive offers provide a golden opportunity for jewellery enthusiasts to bring home exquisite pieces at special prices.
With nearly two centuries of heritage, PNGS continues to uphold its reputation as a trusted name in jewellery. The new showroom in Thane will offer certified purity, a grand collection of innovative designs, and personalized customer service to enhance the shopping experience.

Speaking about this, Aditya Modak, COO and CFO of PNGS, said, “P N Gadgil & Sons has always been more than a jewellery brand—it is a legacy of trust, built over generations. Our customers in Thane have been a part of this journey, and it is truly gratifying to bring our heritage of purity and excellence closer to them. We invite everyone to visit our showroom and experience the tradition of fine craftsmanship and impeccable service that defines PNGS.”
National News
MCX Gold, Silver Edge Higher, Comex Gold Moves To $23.30 To Reach $4,113.80/oz
The Uptick Reflects Cautious Optimism Among Global Traders Following Diplomatic Signals That Washington and Tehran May Be Nearing A Resolution Regarding Key Maritime Passages
Gold and silver prices pushed higher Tuesday as commodity investors calibrated market expectations around U.S.-Iran diplomatic discussions and the prospect of reopening the strategic Strait of Hormuz.
On the Comex division of the New York Mercantile Exchange, gold futures rose $23.30, or 0.6%, to trade near $4,113.80 per ounce. Silver futures picked up $1.03 to settle near $58.88 per ounce.
The momentum spilled into Asian markets. On India’s Multi Commodity Exchange (MCX), benchmark October gold contracts climbed Rs 644 from the previous close to open at Rs 1,43,559 per 10 grams, eventually rising to Rs 1,43,607 per 10 grams during morning trade. September silver contracts on the exchange gained momentum as well, advancing Rs 2,404 to reach Rs 2,19,150 per kilogram.
In global trading on the Comex, gold rose $23.30 to reach $4,113.80 per ounce, while silver advanced $1.03 to $58.88 per ounce. Domestically on India’s MCX exchange, October gold contracts gained Rs 692 to trade at Rs 1,43,607 per 10 grams, while September silver contracts climbed Rs 2,404 to Rs 2,19,150 per kilogram.
The uptick reflects cautious optimism among global traders following diplomatic signals that Washington and Tehran may be nearing a resolution regarding key maritime passages. A potential reopening of the Strait of Hormuz—a crucial transit hub for global commodity transport—has prompted shifts in energy and precious metal risk premiums across international markets.
Despite Tuesday’s modest rebound, both metals continue to trade significantly below their high-water marks for the year. Comex gold previously touched a year-to-date peak of $5,586.20 per ounce, while silver reached $121.79 per ounce during earlier market surges.
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