National News
Sky Gold and Diamonds Collaborates with SENCO Gold and Diamonds to Launch 9kt Gold Jewellery
Sky Gold and Diamonds, one of India’s leading Gold Jewellery Manufacturer jointly with Senco Gold & Diamonds a leading pan India jewellery retailer with a legacy of more than eighty five years and the largest jewellery retail player in eastern India based on the number of showrooms with a whooping count of 186+ today announced a significant step aimed at entering into collaboration for newly introduced 9kt gold jewellery segment.

Senco Gold & Diamonds, an esteemed existing customer of Sky Gold & Diamonds, has now collaborated with the company to design and supply 9kt gold jewellery collections. This collaboration marks a significant step in catering to India’s growing demand for affordable and stylish jewellery, enabling both companies to capture a wider customer base through contemporary, lightweight, and cost-effective designs tailored to evolving consumer preferences.

Speaking on the occasion, Darshan Chauhan, Director and Chief Growth Officer at Sky Gold & Diamonds, said: “9kt jewellery is trending with the Gen Z because of the stylish, contemporary designs it offers and its alignment with fast fashion trends. It allows us to reach a wider customer base while also serving as a stepping stone for first-time gold buyers and buyers who need a variety of options in their jewellery collection.
This development marks an important milestone in Sky Gold’s journey of growth and innovation. By collaborating with SENCO Gold & Diamonds for the 9kt jewellery, we aim to get into a new product line, and this association reflects our vision to make Sky Gold a trusted global jewellery brand.”
Suvankar Sen, Managing Director and CEO, Senco Gold & Diamonds, said:
“At a time when gold prices are at elevated levels, the introduction of exclusive 9kt modern designs allows us to offer more accessible jewellery options. This collaboration enables Senco Gold & Diamonds to effectively cater to the younger generation and the growing affordable jewellery segment, while staying true to our commitment of delivering style, trust, and innovation to our customers.”

This development will allow both brands to leverage their strengths in design, craftsmanship, and market reach, catering to a wider base of value-conscious yet style-savvy consumers.
National News
Bullion Outlook Stays Bullish; Silver Seen Cheaper Than Gold
Renewed Buying In Precious Metals, A Softer US Dollar and Easing Inflation Concerns Have Supported The Latest Recovery
Gold and silver extended their gains on Friday, keeping the bullion outlook firmly positive, with analysts viewing silver as relatively cheaper than gold and offering further upside potential.
On the MCX, gold rose Rs 324, or 0.20%, to Rs 1,59,320 per 10 grams, after touching an intraday high of Rs 1,59,741. Silver climbed Rs 2,699, or 1.12%, to Rs 2,43,350 per kg, hitting a high of Rs 2,44,950. Silver also staged a strong recovery from its intraday low of Rs 2,39,049.
renewed buying in precious metals, a softer US dollar and easing inflation concerns have supported the latest recovery. Lower crude oil prices have reduced fears of further US Federal Reserve rate hikes, while continued central-bank gold purchases and ETF inflows are adding strength to the market.
Market participants will now closely track US Fed commentary, including Chair Kevin Warsh’s remarks at the Jackson Hole Symposium, for cues on the future interest-rate path.
With gold near record-high levels, analysts see silver as relatively undervalued, keeping the white metal firmly on investors’ radar.
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