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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
Spot gold dipped 0.3 per cent to $1,705.94 per ounce by 0502 GMT, after hitting its lowest level since May 13 of $1,703.40 earlier in the...
Swiss exports of gold to the United States leapt to 111.7 tonnes in April — by far the biggest monthly total on record — while shipments...
14% will never consider buying; jewellers need to meet the fashion expectations of women, says World Gold Council survey. Shattering popular belief of women’s affiliation to...
Pune based, heritage jewellery brand, PNG Jewellers re-opened their stores on the 21st of May 2020 on receiving a nod from the authorities. Most of their...
The usual fervor of Big Fat Indian Summer weddings, have given way to downsized mini-monies (miniature ceremonies) this season. With restrictions on the number of wedding...
Indians love jewellery for its opulence and symbolism, and if there’s one area of the jewellery business that lies totally untapped, it’s the children’s jewellery market....
Due to muted global demand, Indian diamond trade is unlikely to import rough diamonds for a month beginning June 1, as the global demand will not...
Gold and silver were trading flat with negative bias on Wednesday as worries about US-China spat, weak GDP print and rising coronavirus count were offset by...
In an age where competition is cut-throat and customer expectations are sky-high, retailers are shifting focus from product skills to customer service skills. Krishna Krishna Jewellers...
Retail Jeweller Market speaks to a cross-section of jewellers to get an overview of the impact of the lockdown on the industry at present and post...
When life gives you lemons, making lemonade is the only great idea. This is precisely what jewellery retailers seem to doing as they embrace technology to...
Ten gm of pure gold (24 carat) is inching toward Rs 50,000, a deterrent for many admirers of the yellow metal. Yet, ardent Puneites are at the counters...
Gold price started the week on negative foot after reports from India that the country’s imports contracted for the fifth straight month in a row, falling...
Gold prices in India were lower today as trading resumed in the evening session on the MCX, which was closed in the morning session due to...
The country’s retail trade lost business worth Rs 9 lakh crore in the last 60 days, mainly due to the nationwide lockdown to contain coronavirus pandemic,...
DMCC – the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise – marked Eid al-Fitr by lighting up the Burj...
Gold has no doubt been the uncontested Student of the year in 2019 with a shining return of 24% annualised which renders financial assets pale in...
Dev Shetty, President and CEO, Fura Gems in a conversation with Samit Bhatta, Publisher, The Retail Jeweller shares his company’s vision for 2024 and his future...
The import of the yellow metal stood at USD 3.97 billion in April 2019, according to the commerce ministry’s data. India’s gold imports contracted for the...
Kochi: With the easing of lockdown, jewelleries were allowed to function in the state. As the shops opened after two months, heavy rush was experienced everywhere....
Bangalore: The creator of exquisite jewellery from the House of Tata, Zoya makes its foray into South India with a flagship boutique in Bangalore’s most iconic...
Not unlike many other sectors, the gold industry has been lulled into a silence since the country went into a lockdown two months ago in a...
Gold prices gained on Friday as escalation of hostilities between the US and China forced investors to seek refuge in the safe haven counter. A sharp...
Being the world’s largest diamond processing hub, India imports around 95 per cent of rough diamond mined globally for processing in local units After nearly two...
Jewellers operating in states like Kerala , Maharashtra and Goa, whose governments have eased restrictions in certain areas , said Most customers were placing orders rather...
From Asia to the Americas, Platinum Guild International’s 2020 Platinum Jewellery Business Review highlights how business drivers in 2019 will accelerate and lead to recovery in...
Gold prices in India rose on Wednesday amid the economic uncertainty and the gains in prices of the yellow metal in the global markets. Currently, the...
Under the scheme, the government would provide subsidy for any technological upgrade of the sector to help it foray into high-value added products besides reducing cost...
With global economy sinking, safety issues in operations and Covid-19 load, the Surat Diamond Association is focussing on migrants’ return and not revival of the industry....
After government gave relaxation for opening the industries while taking necessary precautions during the fourth phase of lockdown, the diamond industry in the city opened on...
Sushmita Sen, a working woman, single mother, and an amazing person at heart, never looked for society’s approval to live her life. If you are one...
Jewellery stores in north India have decided to keep the buying rate for 22-carat non-hallmarked jewellery a shade above Rs 36,000 per 10 gram, subject to further deductions in...
In an interaction with BestMediaInfo.com, Singh, Managing Director, India, Diamond Producers Association, says consumer needs and ways of making a purchase decision are going to change...
The impact on overall fine gold consumption has been acute with there being almost no real demand for fresh gold from this segment. Asia dominates this...
Mumbai, May 17 (PTI) Gems and jewellery exports in March declined 38.81 per cent to Rs 13,744.60 crore compared due to weak demand in importing countries...
Jewellery shops have only one-third the staff and only masked men are allowed in. That heightens the risk of daylight robbery, and jewellers are jittery. Leading jewellers...
Neither great designs nor attractive offers, in the post-COVID world, customers will pick what is safe for them and pre-empting this, the jeweller community has introduced...
New Delhi (Sputnik): The economic repercussions of the lockdown have jeopardised the prospects of the booming luxury goods market, including the diamond industry, in India. Faced...
Mumbai: Christopher Wood, global head of equity strategy at Jefferies, believes that there is a growing risk of liquidation of gold in India caused by the...
Physical gold demand was tepid in most Asian centres this week with retail buying yet to see any significant recovery even as top hubs India and...
The World Federation of the Diamond Bourses (WFDB) has announced that the Ownership Committee of Get Diamonds has decided that the Board of Directors of the...
Indians spend billions buying the precious metal as a status symbol, dowry for daughters, investment and a gift to temples. If there’s one thing that Indians...
Around 74 per cent of consumers in India will prefer carrying out payments through the digital medium in the next six to nine months, according to...
Industry insiders in India are that customers will look elsewhere for cutting and polishing. Diamond factory heads in India are urging their government to gradually reopen cutting and...
The value of gold in India is estimated to be 40 percent of the nominal GDP. Monetising 10 percent of this will ensure a liquidity of...
Retail sales of jewellery collapsed as gold retailers downed shutters across the country to comply with the lockdown norms. The shutdown came as a tipping point...
[vc_row][vc_column][vc_column_text]Rimini (Italy), 13th May 2020 – Holding and taking part in trade shows in Italy in complete safety, in total respect of the rules and healthcare...
New Delhi: Gold prices on Tuesday rose by Rs 104 to Rs 45,885 per 10 gram in futures trade as speculators created fresh positions on firm...
KOLKATA: P.C. Chandra Jewellers, one of the leading jewellery houses of eastern India, has reopened its six showrooms across Bengal and Tripura. The company has restarted...
Jewellers, who have opened their stores in green zones, are witnessing thin sales. Most people coming to their stores either want to sell their jewellery or...
India Ratings and Research (Ind-Ra) on Monday said it expects Jewellery sales to decline by 25 per cent in 2020-21 (April-March) on account of over 40 days...
To celebrate the spirit of Mother’s Day, Senco Gold & Diamonds, the largest jewellery retail chain from Eastern India, has rolled out an innovative campaign – Senco Pyari Maa for netizens...
After losing business worth over Rs 45,000 crore in a span of 45 days of lockdown, India’s jewellery industry is set to resume operations from next...
Thousands of gems and jewellery exporters in Mumbai took a breath of relief, as the government of Maharashtra today in a landmark decision, allowed designated export...
This Mother’s Day, Kalyan Jewellers celebrates the eternal bond of love that a mother shares with her children with its all new digital campaign. As part...
The Diamond Producers Association, a global alliance of the 8 largest diamond mining companies, associated with actor-author Lisa Ray this Mother’s Day to bring forth the...
The Ministry of Home Affairs (MHA) has allowed shops to open during the lockdown, which has been extended till May 18, for essential commodities and standalone...
Forevermark, the diamond brand from the De Beers Group, has always epitomised a mother’s love for her child as pure and everlasting, just like a Forevermark...
Tanishq,India’s most trusted and loved jewellery brand celebrates all Mothers and the spirit of Mother’s day. Mothers continue to be the epitome of unconditional love, care...
Gold eased back on Friday from its highest in nearly two weeks, as investors grew hopeful about economies reopening after COVID-19 lockdowns, but a continued wave...
The issue price for the next tranche of Sovereign Gold Bonds has been fixed at Rs 4,590 per gram of gold, the Reserve Bank of...
GJEPC (The Gem & Jewellery Export Promotion Council), the apex body of gems and jewellery industry in the country held a webinar on May 06, 2020...
With gold being considered the safest investment haven, Kalyan Jewellers has announced the extension of the Gold Ownership Certificate initiative. The unique facility enables customers across...
Hit hard by the spread of coronavirus, jewellery sales are expected to take several years to return to pre-pandemic levels, said experts during a webinar organised...
Nearly 350,000 Bengali gold jewellery karigars or artisans are returning from the jewellery hubs of Tamil Nadu, Kerala and Karnataka to West Bengal, raising concern over whether they...
The diamond cutting and polishing hub of Surat will lose business to rivals China, Thailand and African countries unless it quickly comes out of the lockdown and resumes...
Gold has been a store of value for thousands of years since the start of human race. It was then a medium of exchange in barter...
As soon as the 43-day lockdown was lifted, business picked up in Hassan city, with people thronging jewellery and textile showrooms and other shops, in large...
The World Federation of Diamond Bourses is excited to announce the launch of its Young Diamantaires (YDs) website www.ydts.org. The organization has worked for the past...
Finally, the shutters have rolled up, the jewellery stores have been opened and with that, hope is building up with each walk-in customer. Read on to know how...
The diamond industry in Surat has heaved a sigh of relief with the resumption of exports, though in a small quantity. Though exports to Hong Kong, a major...
Gems and Jewellery exporters have urged the government to grant them permission to start factories in the Santacruz Electronic Export Processing Zone (SEEPZ) and to set up...
The gold market in India might see a significant shift in consumer behaviour once the nationwide lockdown is lifted. While Indian buyers have traditionally preferred...
India’s gold imports plunged 99.9 per cent year-on-year in April to their lowest in nearly three decades, news agency Reuters reported citing a government source. The...
The Committee of the Bharat Diamond Bourse (BDB) put out a statement today commending the efforts of the Hon’ble Prime Minister of India Shri Narendra Modi...
“It is a matter of great pride for the Surat Hira Bourse (SHB) to serve the diamond industry in the times of lockdown,” said CEO of...
The Customs department has seized just 900 kgs of gold between January and March period, as against more than 1,000 kgs during the year-ago period. And...
“In this crisis, there is a stage of impact to revival. Currently we are in the ”impact stage which we are working towards sustenance. By the...
India’s net Bullion imports contracted 56% year- on -year to 78.4 tonnes in the March quarter of the current year . Jewellery demand in the world’s...
Bharat Diamond Bourse committee commends the effort of our Prime Minister Shri Narendra Modi and Maharashtra Government, CM Shree Uddhav Thakrey to fight the war against...
Jewellers in Thailand were grappling for cash as people came in large numbers to sell gold, prompting PM Thailand Prayuth Chan-Ocha to tell them to “not...
India’s gold demand crashed 36% year-on-year in the March quarter, far underperforming a 1% rise globally, as the Covid-19 outbreak and sharp rise in prices deterred...
As shutters remain down and sentiments remain low, jewellers introduce innovative campaigns and fun activities to engage consumers, stay connected and add a happy chapter to...
The brand in order to capitalize on the festive season is offering deals available across all Tanishq stores in West...
In addition to the new campaigns, Lightbox has introduced two new jewellery collections: “Reminiscence” and “City Lights” Mumbai: Lightbox, the...
The puja-themed video comprises all the quintessential elements of the festival and highlights four distinct jewellery styles portrayed by each...
The brand’s social media page prominently showcases a variety of reels and shots from the music video, capturing the essence...
The Gold Jewellery Mela campaign, like in its previous editions, attracted primarily bridal jewellery consumers, with about 70% of the...
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