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Saurabh Gadgil launches JYPL 2025, JYPL Auction at a dazzling evening of celebration and competition

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It was an evening of pomp and splendour at The White Resort and Spa Pawna, Lonavala to celebrate the launch of Jewellery Youth Premier League (JYPL) Season 8  and kick off the JYPL Auction. It was made all the more special with an icon of the jewellery industry, Dr. Saurabh Gadgil, CMD, PNG Jewellers, gracing the event with his distinguished presence. His heartfelt address at the launch encouraged and motivated the organizers and participating teams.The JYPL Auction was conducted on par with global sports auctions, providing a large dose of excitement and tension.

JYPL Season 8 will take place from March 5-9, 2025 at Central Railway Ground, Parel, Mumbai. The exciting tournament will see 260 players (all owners representing the jewellery industry) and  300+ companies associated with the industry. Over 2500 attendees are expected to catch all the action.

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National News

Gold & Silver Rebound on MCX, Recover Recent Losses

Prices Rise Sharply As Investor Sentiment Strengthens Amid Easing Crude Oil Rates

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In a notable turnaround, gold and silver prices in India have recovered from recent losses, showing a strong upward movement in the commodity market. MCX gold rose by Rs. 500–600, moving back above Rs. 1.52 lakh per 10 grams, while silver crossed Rs. 2.44 lakh ahead of the evening session.

In the global market, spot gold traded above $4,700 per ounce, while spot silver gained nearly $1 to approach $76 per ounce. The rally is partly supported by a decline in crude oil prices, with US WTI falling below $95 per barrel and Brent crude staying under $105.

The rebound reflects renewed investor confidence amid shifting global cues, offering support to India’s gems and jewellery sector.


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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.

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