Gold prices surge today, silver follows suit

Gold prices surge today, silver follows suit 0

🕔18:53, 6.Apr 2020

Gold prices surged today in global markets today as concerns about the impact of coronavirus on global economy continued to stoke the safe-haven demand for the precious metal. Spot gold rose over 1% to $1,634.95 per ounce. Among other precious

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Alrosa to give full flexibility to Indian rough diamond buyers

Alrosa to give full flexibility to Indian rough diamond buyers 0

🕔16:32, 6.Apr 2020

Kolkata: The US, Europe’s richer neighbourhoods, and much of Northeast and West Asia – the main consuming markets for India’s diamond jewellery output – are shuttered, prompting Russian mining major Alrosa to allow local buyers to defer contracted rough-stone purchases

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The impact of Covid-19 on Indian jewellery industry

The impact of Covid-19 on Indian jewellery industry 0

🕔13:05, 6.Apr 2020

The world stands crippled against the deadly Coronavirus and it won’t be wrong that it has impacted various industries across the world. And, the jewellery sector in the country has come to a standstill with retailers with fewer footfalls amid

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India’s March Gold Imports Hit 6-1/2-Year Low On Record Price – Government Source

India’s March Gold Imports Hit 6-1/2-Year Low On Record Price – Government Source 0 Updated

🕔12:10, 6.Apr 2020

India’s gold imports plunged more than 73% year-on-year in March to their lowest in 6-1/2 years as record domestic prices and a lockdown to curb the spread of coronavirus squeezed retail demand, a government source said on Monday. The world’s second-biggest consumer

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GJEPC Contributes 21 Crores to PM Cares Fund

GJEPC Contributes 21 Crores to PM Cares Fund 0 Updated

🕔13:48, 4.Apr 2020

Statement by Mr. Pramod Agrawal, Chairman, GJEPC “GJEPC, the apex body of gem and jewellery trade in India has decided to contribute Rs. 21 Crore to PM-CARES Fund, pledging our commitment on behalf of the entire gem & jewellery trade

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Discounts confuse

Discounts confuse 0

🕔20:23, 3.Apr 2020

Mandeep Kishore, Proprietor, Shri Ram Jewellers, Gurgaon Seven to eight months ago a customer along with his wife came to the shop to buy gold jewellery but found my gold rates higher as compared to other jewellers. He told me

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In house promotion is the best promotion: Kamal Singhania

In house promotion is the best promotion: Kamal Singhania 0

🕔20:09, 3.Apr 2020

Kamal Singhania, Director, Abhushan (India) Pvt Ltd, Jamshedpur A first-time customer with a budget of Rs 1-2 lakhs visited the shop to buy gold jewellery. As per his requirement, we showed him few jewellery sets in 30-40 gram range from

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Designs for a Comeback

Designs for a Comeback 0

🕔18:02, 3.Apr 2020

Mining as well as stores closed, expos cancelled and transportation stopped. The gems and jewellery sector in India is facing a bleak future. “We lost 50 per cent of our business even before the full lockdown was announced,” says Colin

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Sale of old gold may surge after lockdown, say jewellers

Sale of old gold may surge after lockdown, say jewellers 0 Updated

🕔12:21, 3.Apr 2020

Kolkata: Sales of old gold are likely to surge once the 21-day lockdown is over as people will likely liquidate the yellow metal, which is now trading at Rs 45,000 per 10 gms, to generate cash in hand. The gold

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Gems, jewellery exports stare at steep fall in Q1 next fiscal: Report

Gems, jewellery exports stare at steep fall in Q1 next fiscal: Report 0 Updated

🕔11:40, 3.Apr 2020

The gems and jewellery exports are expected to witness a sharp decline in March as well as in the first quarter of the next fiscal due to disruptions caused by the Coronavirus outbreak, according to a report. An industry that is largely

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