GJ Town India

  Begins all-new 9 karat gold jewellery prices at ₹7,000!   In a festive season game-changer, Senco Gold & Diamonds has unveiled its all-new 9- karat gold jewellery collection with prices starting at under ₹7,000! A bold move that brings real gold within reach of more Indians this Dhanteras and Diwali.   At a time when skyrocketing gold prices are keeping many buyers on the sidelines, this launch marks a major shift, offering budget-conscious consumers an affordable yet authentic way to celebrate the season with style and sentiment.   Senco Gold & Diamonds continues to lead the industry with its forward-thinking strategies, setting benchmarks in both product innovation and technological adoption. For many consumers, the desire to own gold during the festive season often clashes with the reality of rising prices.   As gold rates continue to fluctuate, budget constraints have become a significant barrier even for those looking to make a small but meaning...

  This gold worth US$3.8tn & size 88.8% of India’s GDP   Recently, Morgan Stanley focused on the robust India Economics and published their report; Ecoview: Gold - All that Glitters! Key contributors, Upasana Chachra, Chief India Economist & Bani Gambhir, Economist of Morgan Stanley India reported, India's households’ wealth held in gold is estimated at US$ 3.8tn / 88.8% of GDP. This is providing a positive wealth effect, even as benign macro stability ensures that flow of gold demand  remains range bound.    With gold prices scaling new highs, “we take stock of trends in gold demand, stock of gold holdings with households, and the impact on macro stability” said Morgan Stanley by listing, 1: Gold prices are currently at all-time highs, trading around US$4056/oz, with domestic prices also reaching record levels of ~Rs127,300/10 gms. YTD, gold prices have risen by 54.6% in USD terms and 61.8% in INR terms.    2: India remains the world’s second...