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...
In a move aimed at protecting the interests of diamond processing industry, the apex body of the gem and jewellery industry has put forth a proposal...
High gold prices, economic uncertainties, and a lockdown towards the end of the Jan-Mar quarter saw India’s gold demand fall by 36% on year to 101.9...
Show to support large number of buyers to get back into business by offering a much wider variety of products and increased number of exhibitors through...
Banks’ outstanding loans to the gems and jewellery sector declined 16.8% in February 2020 after growing 2.6% a year ago With the epicentre of the Covid-19...
Driven by investors’ clamour for insurance against economic turmoil and the potential devaluation of assets and currencies, some predict a bull run reminiscent of gold’s price...
On the auspicious occasion of Akshaya Tritiya, Divine Solitaires today announced the launch of an exciting offer for customers which enables them to contribute towards India’s...
Jewellers have witnessed encouraging customer response on their digital platforms this Akshay Tritiya. Customers have also made token purchases of gold to celebrate this auspicious day on...
As stocks and bonds as investment avenues do not show much hope under current market conditions, gold could be the asset to put your money in....
With Akshaya Tritiya just around the corner, jewellers are trying to lure customers through various innovative offers to keep the business tide through difficult times amid...
It is unfortunate that the impact of the current lockdown on the gold jewelry industry is extremely stressful. In fact, once the lockdown is lifted this...
Faced with an unprecedented decline in demand, the World Gold Council (WGC) is planning to start consumer marketing of gold in India. In a conference call, David Tait, chief executive officer...
April 22nd, 2020 Mumbai – This Earth Day, Forevermark has released its latest podcast episode, Levison Wood: Walking with Elephants on “The Power of the Diamond”...
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...
Titan’s jewellery division, which accounts for about 80 per cent of the company’s total revenue, reported a dip of 5 per cent in revenue in March because...
The Madras Jewellers and Diamond Merchants Association has so far received nearly 15,000 online applications from goldsmiths across the State for cash assistance. In Chennai alone,...
Gold jewellery retail is a shimmering business in ways more than one. But a warren of risks that have built up of late – such as higher import duty,...
Top jewellers have decided that for the period of Akshaya Tritiya they will sell gold online accompanied by digital certificates of possession and give physical delivery...
MUMBAI – Gold contracts on the Multi Commodity Exchange of India hit a fresh record high of 47,138 rupees per 10 gm today as the rupee hit a...
Thanks to the coronavirus-induced global economic uncertainty and the developments surrounding it, the price of gold — the precious metal generally accepted as a safe haven asset and a hedge...
Gold imports, which have a bearing on the country’s current account deficit (CAD), fell 14.23 per cent to $ 28.2 billion during 2019-20, according to commerce...
Gold prices in India touched new highs today, crossing the ₹46,700 level per 10 gram in futures market. On MCX, June gold futures rose as much as...
With COVID-19 cases increasing with each passing day, markets across all the sectors have been affected because of this pandemic. India’s jewellery industry has also been...
To provide relief to the gems and jewellery industry, the Confederation of Indian Industry (CII) has written to the government, recommending measures, including setting up a...
NEW DELHI – The Indian diamond industry, which is already reeling under severe stress since last year, has more hardship in store as demand for luxury...
The government will issue sovereign gold bonds beginning 20 April offering an annual interest rate of 2.50 percent to domestic investors, the Reserve Bank of India said...
What falls after spring and before autumn has a special place in everyone’s life. We are talking about summer, the season that is synonymous with sunshine,...
Mysore/Mysuru: The 812-km run Unique World Record title holder Dr. Boby Chemmanur of Chemmanur Jewellers has donated one helicopter free of cost to the Government to transport COVID-19...
MUMBAI: Gold prices have hit the levels that were prevalent during demonetisation on November 8, when bars, coins and jewellery, among other goods, were purchased at...
Television Actress Sonyaa Ayodhya known for her cheerful personality and her roles in the television series Nazar and Kasautii Zindagi Kay 2 chose pieces from The...
Bengaluru: Titan said revenue of its jewellery business fell 5% in the fourth quarter, hurt by weak business in March due to closure of malls and...
MUMBAI: Diamond prices fell in March as the spreading coronavirus led to a dramatic decline in the global economy. Diamond markets are under pressure and facing...
Kolkata-based Senco Gold & Diamonds Group in its continued commitment towards supporting the nation in its fight against COVID-19, has pledged INR 1.5 Crores towards the...
70 percent of the retailers in India expects the business recovery to happen in more than six months due to the ongoing COVID-19 crisis which has hit the retail sector...
Life comes a full circle, and its journey is nothing short of fabulous! On that note, Irasva introduces an exquisite range of fine jewellery namely, Circled. A...
Treasurable, precious and personal touch are the adequate ingredients for recipe of a perfect Mother’s Day gift. For all who are considering a dozen roses, chocolates,...
At a time when most companies are exploring ways to reduce operational costs in the wake of novel coronavirus outbreak, a Kerala-based entrepreneur has announced a...
Ahmedabad-based Laxmi Goldorna’s IPO received an enthusiastic response from investors amid challenging market conditions with the issue getting subscribed by 1.15 times in NSE EMERGE platform....
Gold and silver leaped higher on Tuesday amid investor rush to safe-haven assets as the coronavirus cases rose over 4,000 in India, making riskier assets like...
As economies around the globe slip into recession, gold is taking centre stage. Somasundaram PR, managing director, India, World Gold Council, tells us how investors should...
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...
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,...
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...
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...
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...
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...
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...
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...
IRASVA, the fine jewellery destination for modern women, strongly believe that Jewellery is an artistic form of self-expression. Presenting ‘Starring You’ by Irasva, exquisite jewels symbolizing...
Gold imports took a sharp hit in FY20 following a series of developments — the latest being the coronavirus pandemic — which, on the other hand, pushed the...
With the exception of the rally that we witnessed last week, gold has been fairly slow in reacting to the kind of easy money that is...
Jewellery, as an industry is grappling with zero cash flows due to COVID-19 driven lockdown in the country, says Titan Company Ltd. However, the company said...
New Delhi | Kolkata: The country’s labour-intensive export sectors such as leather, textiles, gems and jewellery, carpets and handicrafts have borne the brunt of the Covid-19 pandemic...
Gold prices gained Rs 201 to Rs 43,876 per 10 gm in Mumbai’s bullion market on the back of a weak rupee versus the dollar, but...
Gearing up for the auspicious occasion of Gudi Padwa, Kalyan Jewellers has announced the launch of the Sankalp collection – a line of Maharashtrian heritage-inspired jewellery. This pure gold...
Physical gold dealers struggled to meet surging safe-haven demand this week, especially in Singapore, as the coronavirus outbreak choked global supply chains, while massive discounts were...
This collection captures the essence of the most captivating scenic beauties, in seven vivid shades of natural sapphires. With vibrant designs inspired by the soothing blue...
Kalyan Jewellers has announced that it would set aside Rs 10 crore towards the cause of fighting the novel coronavirus, COVID-19. The company will partner with...
Mumbai/Chennai: Gold jewellers and stores across India wear a deserted look adhering to Prime Minister Narendra Modi’s suggestion for a strict 21-day isolation. 90 percent of gold...
One of India’s largest gold jewellery store chain, Kalyan Jewellers March 26 told employees there will be no loss of pay at non-operational showrooms across the...
The Gem & Jewellery Export Promotion Council, the apex body of the Gem and Jewellery industry in India, has come forward to contribute a Fund of Rs....
The Gem and Jewellery Export Promotion Council (GJEPC) has initiated a number of steps to mitigate the impact of the ongoing health crisis related to the...
Hello my friends from the jewellery industry… Hope you are all at home & safe! As India also goes down under a complete lockdown from today,...
PR Somasundaram of World Gold Council says while the general correlation between stocks and gold is negative, there seems to be an exception when there is...
The volatility in gold prices seen over the past two months is expected to persist in the near term, driven by a combination of factors ranging...
The indigenous gem and jewellery sector in the country has come to a “standstill” amid the coronavirus pandemic and is in immediate need of relief measures...
NEW DELHI: Gold may be losing its shine. Retail sales are slowing as there seem to be virtually no buyers for the yellow metal. While the...
There has been a lot of evolution in the domestic jewellery market, but what remains constant is that jewellery buying is just not a luxury –By...
Archana Jain, Partner, Swastik Jewellers, a self-taught designer has made it her mission to popularise mangalsutra globally. Read this post to find out more about her...
Kolhapur : All India Gem and Jewellery Domestic Council (GJC), the apex domestic council of the gems & jewellery industry, conducted the 60th“Labham” educational programme for jewellers...
The Gems and Jewellery Export Promotion Council (GJEPC) has rescheduled its international gem and jewellery show in Jaipur from April to July on account of coronavirus...
Fura Gems Inc. (“Fura” or the “Company”) (TSXV: FURA, OTC:FUGMF and FRA: BJ43), a gemstone mining and marketing company with emerald, ruby and sapphire assets in...
With the gems and jewellery sector getting organised day by day, many companies felt the need to list their companies in the stock exchange to give...
Bluestone, the country’s leading fine jewellery brand, today launched its first brick and mortar store in Gurugram at the Gold Souk Mall. Under its grand multicity...
The World Gold Council (WGC) is looking to put in place a prescribed set of principles, or a code of conduct, called the Retail Gold Investment...
Virtually spelling doom for various Indian public sector banks, the National Company Law Tribunal, Mumbai has ordered the liquidation of absconding diamantaire Nirav Modis group company,...
A sudden reversal in gold price, which went up nearly Rs 1,000 on Wednesday, has again given rise to hopes that the yellow metal would soon...
India’s securities regulator on Thursday fined jewellery retailer Gitanjali Gems Ltd and its executives 50 million rupees ($695,700) for failing to disclose key information related to...
Mangaluru, Feb 28: ‘Indian Jewellery and Lifestyle Exhibition’, a three-day premium expo-cum-sale was inaugurated at TMA Pai International Convention Centre on Friday, February 28. Mrs Mangaluru title...
Ahmedabad: Amid rising geopolitical tensions, gold prices have rallied in the international market, touching a high of $1,689 per ounce earlier this week. Since gold prices...
SBI was working on a policy framework to standardize lending practices to the gems and jewellery sector and was looking forward to extend it to other...
In a bid to showcase our rich heritage to the next generations, Chatrapati Shivaji Maharaj Vastu Sangrahalay (CSMVS) opened Money & Traditional Jewellery sections which were...
MUMBAI: Mohan Sisters who specialise in all forms of art together have for the first time come together to express their art in the form of Jewellery...
Faced with an irregular supply of quality diamonds, which is hurting domestic sales and exports, diamond processors, under the aegis of the Gems and Jewellery Export...
World Gold Council’s India MD says a lot of factors are favouring gold price rally, it is not just this news about coronavirus. On the back...
De Beers’ lab-grown diamond jewellery brand Lightbox will provide limited grading information for its stones, Idex Online reports. The move is a response to consumer feedback, according to...
Indian jewellers have received surprise tax notices asking them to turn over money they made from customers who scrambled to buy gold after Prime Minister Narendra...
PN Gadgil & Sons Ltd (known as PNG Sons) is a leading jewellery brand with a legacy going back to more than 186 years. The company...
PNG Jewellers, the 187 Years legacy jewellery the brand was awarded the token of appreciation at Dadasaheb Phalke International Film Festival Awards 2020 for “Excellence in...
For the second consecutive year, an India Pavilion organised by the Gems & Jewellery Export Promotion Council (GJEPC) — in collaboration with the Indian embassy in...
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