National News
Palmonas Makes North India Debut with New Store in Delhi’s Omaxe Chowk
The demi-fine jewellery brand brings its affordable, everyday wear collection to the heart of Chandni Chowk, with Bollywood star Shraddha Kapoor leading the charge.
Demi-fine jewellery label Palmonas has launched its first retail store in North India, opening doors at the bustling Omaxe Chowk in Chandni Chowk, New Delhi. The store showcases a wide selection of lightweight, stylish jewellery designed for modern women and features promotional visuals of Bollywood actress and brand co-founder Shraddha Kapoor.
“Palmonas was born out of the idea to offer stylish, long-lasting, and affordable jewellery for modern Indian women,” said Shraddha Kapoor, India Retailing reported. “Each piece is crafted to complement everyday looks while making a statement. I’m so excited to see our first North India store come to life at such a vibrant location like Omaxe Chowk, Chandni Chowk.”
The new outlet offers a curated range of necklaces, rings, bracelets, and earrings tailored to Indian shoppers looking for contemporary, budget-friendly jewellery. With its focus on tarnish-resistant, lightweight designs perfect for everyday use, Palmonas has built a strong global footprint, shipping to over 200 countries.
“Omaxe Chowk, Chandni Chowk, with its blend of heritage and modern infrastructure, is emerging as a launchpad for such brands,” said Omaxe Group’s executive director Jatin Goel. “Palmonas’ entry here is not just a store opening—it represents the growing appetite for curated, experiential retail that resonates with the next generation of shoppers.”
Founded in Pune in 2022 by Pallavi Mohadikar and Amol Patwari, Palmonas later welcomed Shraddha Kapoor as a co-founder. With this Delhi debut, the brand joins an elite line-up of jewellery labels at Omaxe Chowk, including Tanishq, Malabar, CaratLane, Kalyan Jewellers, Senco, and Kisna, as it continues to expand its presence in India’s thriving jewellery market.
National News
MCX Gold and Silver Face Volatility Amid Geopolitical Shifts
While the Current Conflict is Unlikely to Durably Impair Global Economic Growth, Investment Demand for Gold is Expected to Strengthen as Expectations for Further U.S. Monetary Easing Return
The Multi Commodity Exchange (MCX) observed a cautious start to Tuesday’s trading session as precious metals reacted to stalled diplomatic negotiations and a pivotal week for global monetary policy. Gold and silver futures faced downward pressure as market participants recalibrated their positions ahead of several major central bank announcements.
In domestic trading, silver experienced the most significant adjustment, while gold maintained a consolidated range:
- MCX Silver (May 2026 Delivery): Declined by Rs 1,334 (0.5%) to Rs 2,40,490 per kilogram. This follows a substantial drop of Rs 2,450 in the previous session.
- MCX Gold (June 2026 Delivery): Remained largely unchanged, trading at Rs 1,51,555 per 10 grams, after a nearly Rs 1,000 decline in the prior session.
- Global Spot Markets: In contrast to domestic futures, spot silver rose marginally by 0.5% to $75.91 per ounce, while Platinum gained 0.7% to reach $1,997.22.
The current market sentiment is heavily influenced by a shift in diplomatic relations between the United States and Iran. Hopes for a de-escalation in the Middle East faded over the weekend following the cancellation of a high-level U.S. envoy visit to Islamabad.
Simultaneously, investors are turning their attention to the following key economic milestones:
- Federal Reserve Policy: The U.S. Federal Reserve is widely expected to maintain current interest rates in its Wednesday announcement.
- Leadership Transition: The U.S. Senate Banking Committee is scheduled to move forward with the nomination of Kevin Warsh for Federal Reserve Chair on Wednesday.
Global Central Bank Watch: Market participants are monitoring the Bank of Japan, the European Central Bank, and the Bank of England for signals on how regional conflicts may impact the global interest rate outlook
Expert Analysis and Long-Term Outlook
Despite the short-term pullback, analysts maintain a bullish outlook for the remainder of 2026. while the current conflict is unlikely to durably impair global economic growth, investment demand for gold is expected to strengthen as expectations for further U.S. monetary easing return.The core pillars of the gold rally—including sustained central bank acquisitions, U.S. debt concerns, and currency debasement worries—remain firmly in place
MCX Gold and Silver Face Volatility Amid Geopolitical Shifts
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International News58 minutes agoPrecious Metals Under Pressure: Diplomatic Shifts, Geopolitical Risk, and Central Bank Outlook AUGMONT BULLION REPORT
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International News21 hours agoFED, Iran, and The Rupee- Three Forces Shaping Bullion’s Next Move AUGMONT BULLION REPORT
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National News1 hour agoAkoirah Records Strong Growth Across Key Markets With Festive Diamond Draw Campaign
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National News21 minutes agoMCX Gold and Silver Face Volatility Amid Geopolitical Shifts
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