GJ Town India

  Record levels of client activity at ABC Bullion     Precious metal demand has surged to record levels at ABC Bullion, in line with a global rally that has pushed gold toward USD $3,750/oz and silver above USD $45/oz. The metals have emerged as standout assets in 2025, with central banks, high-net-worth investors, and family offices rapidly increasing allocations. Even major investment firms like Morgan Stanley are now suggesting up to 20% portfolio exposure to gold.   According to the Augmont Bullion, they noted for 23 September, “Precious Metals soar to a record high, but it's time to be cautious! Silver reached a 14-year high of $44.77 (~Rs 135,700) and gold reached a new record high of $3824.6 (~Rs 114,179) as traders reevaluated the Federal Reserve's stance in response to reasonable comments made by Chair Jerome Powell.” Augmont analysed on 24 September that, “Precious Metals halt its upside rally! The surge in gold and silver has slowed as investors wait for t...

  Trending to maintain its upward momentum!   Gold trend show that it is eyeing on ongoing developing geo-political scenario especially keeps an eye on Russia-Ukraine peace talks! As concerns about a possible global trade war fueled demand for safe-haven assets, uncertainty about U.S. President Donald Trump's tariff proposals continued to drive gold's strength today.   In terms of geopolitics, a group of European leaders decided during a conference in Paris on Monday, 17 th February that they were prepared to provide Ukraine with security assurances, but that it would be risky to reach a truce without also reaching a peace deal is learning at the Augmont Bullion. To discuss the ongoing conflict between Russia and Ukraine and to strengthen bilateral ties, top Russian and American officials, including foreign ministers, will gather in Saudi Arabia today. Three years after Ukraine's invasion, the conference is expected to be significant because of the US's role i...

  The Bullion Market witnesses all time high price in Gold   Recently, the gold & jewellery market witnessed all time high price in Gold. In the row, Rajesh Rokde, Chairman - All India Gem and Jewellery Domestic Council (GJC) said, “The all-time high price for gold was nearly $2,000 per ounce in 2011. However, if we adjust for inflation, the highest price of gold was actually $2,845.81 per ounce, which is the current price as of February 5, 2025.   To give you a better idea, here are some key milestones in gold prices, 1: 2025: $2,845.81 per ounce (as of February 5, 2025), 2: 2011: nearly $2,000 per ounce & 3: 1980: $850 per ounce (not adjusted for inflation).   Keep in mind that gold prices can fluctuate rapidly due to various market and economic factors. If you're interested in investing in gold or tracking its price, I recommend checking reliable sources like Macro trends for the latest updates."   Avinash Gupta, Vice Chairman – GJC sa...