Gold price today fell from Rs 46,995 to Rs 46,929 per 10 gram, while silver price was at Rs 48,435 per kilogram, according to the India Bullion and Jewellers Association (IBJA). The domestic gold futures rose by 0.34 per cent to
On Friday afternoon, Surat Municipal Commissioner B N Pani had restructured 83 clustered zones. Several textile trading markets falls in Limbayat zone area which has the highest number of Covid-19 cases and deaths. All the diamonds trading markets in Mahidharpura
Asian physical gold hubs struggled to regain footing this week as most retail customers stayed away even as some coronavirus restrictions were eased. Chinese dealers sold gold at discounts of $14-$18 an ounce versus benchmark prices, compared to last week’s
Shenzhen’s multi-brand jeweller Ideal has transformed its 18-year-old traditional business model to a New Retail business virtually overnight in light of the coronavirus crisis. The retailer rolled out a transformation initiative dubbed “Thousand People, Thousand Stores” by establishing ‘online cloud
LONDON (Reuters) – Canadian Imperial Bank of Commerce (CIBC) took a mark-to-market trading loss of C$88.2 million ($64 million) in one day in March due mainly to volatility in the gold market, the bank said in its second-quarter earnings report
Russian diamond producer Alrosa expects its sales for May to total tens of million dollars, down sharply from May 2019 but up from April 2020, when its diamonds sales were worth $16 million, its chief executive told Reuters. The new
Titan Company Limited providing an update on the impact of COVID-19 on its operations and business, said that the lockdowns and restrictions imposed on various activities due to COVID – 19 pandemic have posed “challenges” to all its businesses. “The Company‟s
Gold and silver edged higher on Friday after Sino-US tensions over Hong Kong escalated further while India continued to report an increasing number of new cases forcing investors to seek safe havens. China approved a decision to go forward with
Bhuvan Goel, a first-generation jeweller and owner of SKA Diamonds in New Delhi, always wanted to do something on his own. Although his father runs an electrical business, Bhuvan was long harboured a fascination with gems and jewellery. But it
India is a uniquely diverse nation where people of all kinds ‘rich, poor, educated, uneducated, theist, atheists’ everyone lives in harmony and come crisis, this peculiarity of the populace is all the more pronounced. Little wonder why the sight of
