National News
Platinum Jewellery Sparkles as the Modern Choice for Akshaya Tritiya
Symbolising purity, strength, and timeless elegance, platinum emerges as a popular pick for celebrating prosperity and new beginnings this festive season.
As India prepares to celebrate Akshaya Tritiya on April 30, a festival known for ushering in prosperity and fresh starts, many are turning to platinum jewellery to mark the occasion with meaning and style.
Traditionally seen as a time to invest in gold and other symbols of wealth, Akshaya Tritiya is now witnessing a shift as contemporary consumers seek out choices that reflect both heritage and modern values. Platinum — with its naturally white sheen, 95% purity, and resistance to tarnish — is being embraced as a powerful emblem of enduring wealth and spiritual purity.
Reflecting the timeless essence of the festival, platinum jewellery is available in a variety of collections designed to resonate with today’s lifestyle. Women can explore graceful, modern designs through Platinum Evara, men can find strength and character in Men of Platinum, and couples can celebrate their bond with Platinum Love Bands, crafted to honour life’s significant milestones.
Each piece bears the hallmark “Pt 950,” certifying its high purity and enduring value. As a metal that stands the test of time, platinum offers more than just visual appeal — it embodies the lasting emotional and material richness that Akshaya Tritiya represents.
With its blend of tradition and innovation, platinum jewellery continues to shine as a meaningful and lasting way to celebrate this auspicious day — a gift of love, resilience, and prosperity to treasure for generations.
National News
Gold, Silver Fall As Global Bond Yields Surge
Higher Yields Elevate The Opportunity Cost Of Holding Non-Yielding Assets Like Bullion, Weighing Heavily On Sentiment Across Commodity Markets.
Gold and silver futures slipped on the MCX. The benchmark October contract for gold dipped Rs 69 to Rs 154,193 per 10 grams after opening at Rs 153,900. Prices hovered between a low of Rs 153,900 and a session high of Rs 154,326, down from its yearly peak of Rs 180,779.
MCX Silver: The benchmark September contract dropped Rs 2,181 to Rs 230,238 per kilogram. During the session, prices fluctuated between Rs 229,666 and Rs 230,528, well beneath the yearly high of Rs 420,048.
Despite the immediate pressure from soaring bond yields, commodity strategists note that downside risks may be capped as traders continue to price in reduced odds of further rate hikes by the Federal Reserve, which could offer underlying support to metals over the medium term.
Yields on the benchmark 30-year U.S. Treasury bond touched a 19-year high in morning trading, while sovereign debt yields in major economies spiked to multi-decade peaks. Higher yields elevate the opportunity cost of holding non-yielding assets like bullion, weighing heavily on sentiment across commodity markets.
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