National News
The commodities market is seeing a significant upward trend for precious metals. Silver sees a sharp gain of Rs 3,200 per kilogram
On The Global Front, Spot Gold Remains Resilient, Hovering Between $4,800 and $4,850
The markets are waking up to a sea of green this Thursday as precious metals catch a powerful tailwind from the global stage. While diplomats scramble to secure a lasting peace, investors are busy securing their positions in gold and silver.
In early trading today, the commodities market is seeing a significant upward trend for precious metals. Gold is currently holding steady at approximately Rs 1,54,700 on the MCX, marking a 0.5% increase as it edges closer to the critical Rs 1.55 Lakh milestone. Silver is showing even more aggressive momentum, jumping by 1.0% to trade above the Rs 2,54,000 level, which represents a sharp gain of Rs 3,200 per kilogram.
On the global front, spot gold remains resilient, hovering between $4,800 and $4,850, while silver maintains its stronghold above the $80 per ounce mark.
Why the sudden surge? It’s a classic case of “hope for the best, hedge for the rest.” As the metals head toward a one-month high, all eyes are on the US-Iran negotiations.
- The Ceasefire:Â Reports indicate that Washington and Tehran are weighing an extension of their current two-week ceasefire.
- The Energy Factor:Â A successful second round of talks could potentially reopen the Strait of Hormuz, which currently remains under a dual blockade. Reopening this vital artery would be a massive win for the global energy crisis and a major cooling agent for persistent inflation.
- The Pivot:Â Market attention is shifting from immediate conflict to long-term diplomacy, focusing on nuclear enrichment programs and maritime trade.
While the prospect of peace usually dampens the “fear trade,” the diplomatic progress is currently acting as a floor for prices. Investors are betting that even with a ceasefire, the road to a permanent resolution is long and volatile—making gold and silver the preferred “insurance policy” for 2026.
National News
Rajiv Jain Elected Chairman Of Jaipur Jewellery Show
The members expressed their confidence that, under his leadership, JJS will continue to achieve new milestones while further strengthening its position as one of the country’s premier gem and jewellery exhibitions.
The Jaipur Jewellery Show Organising Committee has unanimously elected Rajiv Jain as the Chairman of Jaipur Jewellery Show (JJS). Rajiv Jain is a distinguished industry leader with decades of exemplary service to the gem and jewellery sector and had held many important positions.
A few of the key positions held by him are: Past Chairman, Gems & Jewellery Export Promotion Council (GJEPC), sponsored by the Ministry of Commerce & Industry, Government of India; Chairman, Confederation of Indian Industry (CII), Rajasthan; Founder Chairman, Museum of Gems & Jewellery, Jaipur; and Past Chairman, Indian Institute of Gems & Jewellery, Jaipur (IIGJ Jaipur).
Rajiv Jain succeeds Vimal Chand Surana, who has served as the Chairman of JJS for the past 19 years. Under his visionary leadership, Jaipur Jewellery Show has evolved into one of India’s most respected and successful gem and jewellery exhibitions. In recognition of his distinguished service, exemplary leadership, and invaluable contribution to the growth of JJS, the Organizing Committee has unanimously named him as the Patron of Jaipur Jewellery Show.
Following these appointments, the Executive Committee of Jaipur Jewellery Show (JJS) is constituted as under: Vice Chairman, Dinesh Khatoria; Secretary, Kamal Kothari; Joint Secretary, Ajay Kala; Joint Secretary, Ashok Singhi; and Treasurer, Dr. Nawal Agrawal.
The members conveyed their heartfelt congratulations to Shri Rajiv Jain on his unanimous election as Chairman and expressed their confidence that, under his leadership, Jaipur Jewellery Show will continue to achieve new milestones while further strengthening its position as one of the country’s premier gem and jewellery exhibitions.
The Organizing Committee looks forward to the continued support and active cooperation of all Committee Members and Sub-Committee Members in carrying forward the vision and legacy of Jaipur Jewellery Show.
Rajiv Jain Elected Chairman Of Jaipur Jewellery Show
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