loader image
Connect with us

National News

PNG Jewellers Akshaya Tritiya 2025 Gold sales touch Rs 139.53 crore !

Gold Prices Near ₹1 Lakh Mark Fail to Deter Shoppers as India Sees Rs 12,000 Crore Worth of Gold Sales on Auspicious Day

Published

on

1,874 Views

Gold prices may have touched historic highs this Akshaya Tritiya, but that didn’t stop Indian consumers from making substantial purchases of the precious metal. Maharashtra-based P N Gadgil Jewellers recorded its highest-ever single-day festive sales, achieving a milestone turnover of Rs 139.53 crore on Akshaya Tritiya 2025 — marking a 35% growth over last year’s Rs 103.26 crore.

In terms of volume, the jeweller sold 122 kg of gold, up from 120.24 kg in 2024. Despite gold prices hovering between Rs 99,500 and Rs 99,900 per 10 grams, nearly 38% higher than last year’s Rs 72,300, consumers showed unwavering enthusiasm for festive gold buying.

P N Gadgil reported a 34% year-over-year growth in gold revenue, while diamond and silver segments saw 23% and 114% growth, respectively. Notably, even with a 31% increase in gold prices, the company witnessed a 1.46% rise in gold volume, and a significant surge in diamond and silver sales by 31% and 90%, respectively.

The bullish sentiment wasn’t limited to one retailer. Nationwide, gold and silver sales saw a massive upswing, with the Confederation of All India Traders (CAIT) estimating total trade on Akshaya Tritiya at Rs 16,000 crore, out of which Rs 12,000 crore was attributed to gold jewellery and related items.

This trend comes amid a spectacular five-year rally in gold prices — rising over 100% from Rs 47,677 per 10 grams in April 2020 to Rs 95,592 in April 2025. The yellow metal even crossed the Rs 1 lakh per 10 grams mark briefly on April 22, 2025 — a first in Indian history.

Continue Reading
Advertisement JewelBuzz Banner
Click to comment
Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

BrandBuzz

The Pearl Edit: Thoughtful Women’s Day Gifting by GIVA

Timeless pearl creations from GIVA that honour the quiet strength, elegance, and individuality of modern women.

Published

on

1,948 Views

For generations, pearls have defined timeless elegance — an evergreen classic that transcends trends and seasons. Effortlessly refined, they carry a quiet sophistication that has remained relevant across eras.

Neither fleeting nor ornamental, pearls embody a kind of understated luxury, graceful, enduring, and always in style.

This Women’s Day, GIVA celebrates women who are building, leading, choosing, and redefining life on their own terms. Women who don’t need to be loud to be powerful, because their presence speaks for itself.

In that spirit, pearls make for a meaningful gift. Timeless yet modern, they move effortlessly from everyday moments to milestone celebrations, making them a thoughtful way to honour the women who inspire us, whether it’s a mentor, a friend, a colleague, or even yourself.

Here are some pearl pieces that make for perfect Women’s Day gifts.

Stay With Me Golden Pendant With Link Chain

For the one who wears her heart unapologetically. A radiant pearl drop pendant set in gold-plated 925 silver, designed with an elegant lattice motif that blends timeless romance with modern craftsmanship. From the Barkha Singh x GIVA Glow in Motion collection, this piece celebrates intricate CNC artistry while offering a refined statement for everyday elegance.

Gold Pearl Centred Diamond Earrings

Elegant and timeless, these 18K BIS-hallmarked gold earrings feature a delicate circular motif with a luminous pearl at the centre, accented by sparkling lab-grown diamonds below. Designed for everyday luxury, they blend classic sophistication with modern brilliance, making them a graceful statement for any occasion.

Rose Gold On Mom’s Path Bracelet

A heartfelt rose gold-plated bracelet crafted in 925 silver, featuring a charming baby shoe motif with enamel detailing, a delicate pearl accent, and a subtle “mom” engraving. Thoughtfully designed to celebrate the unbreakable bond between a mother and her child, it makes for a meaningful keepsake.

Anushka Sharma Silver Drops of Pearls Set

Inspired by the hidden beauty of ocean pearls, the Anushka Sharma Silver Drop of Pearl Set captures effortless elegance with a graceful pearl drop and sparkling zircon accents. Crafted in 925 silver, the set includes a delicate pendant and matching earrings designed to add timeless charm to any look.

Rose Gold Glam Drops Necklace

Graceful and statement-making, this rose gold-plated lariat necklace in 925 silver features a central oblong pearl with delicate cascading strands ending in luminous pearls. Elegant yet contemporary, it’s the perfect piece to elevate evening looks and special occasions with effortless glamour.

Continue Reading

Trending

JewelBuzz is Asia’s First Digital Jewellery Media & India’s No.1 B2B Jewellery Magazine, published by AM Media House. Since 2016, we’ve been the trusted source for jewellery news, market trends, trade insights, exhibitions, podcasts, and brand stories, connecting jewellers, retailers, and industry professionals worldwide.

We would like to hear from you...

GET WHATSAPP NEWS ALERTS

0
Would love your thoughts, please comment.x
()
x