Demand for gold jewelry in the United Arab Emirates plummeted in the first quarter, and traders say they know the culprit: the value-added tax. Wholesale gold...
After a subdued first quarter, UAE retailers are optimistic that the upcoming festive season would witness a significant rise in jewellery sales. Demand received a boost...
The price of gold shot to an 11-week high on Wednesday as escalating geopolitical risks saw investors seeking safe haven assets. Gold reached its highest point...
Jewellers are expecting 15-20 per cent increase in sales this Akshaya Tritiya, mainly on the back of positive market sentiment, stable prices and ongoing wedding season....
Russian diamond mining major ALROSA is setting up base in India at a time the gem and jewellery industry is fighting the fallout of the ?13,700-crore...
GJEPC’s first edition of India Gemstone Week was inaugurated by the Union Minister of State for Commerce & Industry, Consumer Affairs, Food and Public Distribution, C...
[vc_row][vc_column][vc_column_text] The DMCC subsidiary, DGCX together with invited guests; CME, LME and Boursa Instanbul discussed their views on the role of their respective exchanges on the...
Watch and accessories company, Titan launched its first integrated format store housing watches, jewellery, eyewear and accessories under one roof in Banjara Hills here. A press...
According to Antwerp World Diamond Centre spokeswoman Karen Rentmeesters, the standard hackathon is a “gathering of nerds” who spend three days locked in a room working...
Alrosa plans to hold an auction for the sale of special size rough diamonds over 10.8 carats in Vladivostok from April 16 to 27, 2018. In...
[vc_row][vc_column][vc_column_text]Fura Gems Inc. (“Fura” or “the Company”) (TSXV: FURA, OTC: FUGMF and FRA: BJ43), a gemstone mining and marketing company, has appointed the Thompson Group as...
The jewellery pack has lost much of their shine on Dalal Street ever since the Nirav Modi scam broke out and financial markets started taking a...
The market sentiment is improving, according to him, and the council is expecting an increase in demand for gold jewellery due to forthcoming marriage season. The...
Nirav Modi – the alleged kingpin of the Rs 13,000-crore Punjab National Bank loan scam – may be on the run, but the crafty celebrity diamantaire...
The Surat Diamond Association (SDA) and the Gems and Jewellery Export Promotion Council (GJEPC) will be approaching finance ministry, Government of India, with a detailed representation...
Manama, capital of Bahrain, could host the 2019 World Jewellery Confederation CIBJO Congress. During a visit to the kingdom, the president of the self-described “United Nations...
More than 300 participants along with industry experts, speakers and panellists from the precious metals sector discussed issues and opportunities critical to the future of the...
Demand for gold jewelry in the United Arab Emirates plummeted in the first quarter, and traders say they know the culprit: the value-added tax. Wholesale gold...
Russia’s diamond miner Alrosa said on Tuesday that its sales of rough and polished diamonds totaled $559.5 million in March. “There was a slight seasonal cooling...
Rough diamond prices have not risen in the past one month and experts said it could be in part because miners like ALROSA, De Beers and...
The fourth edition of the Kolkata Jewellery and Gem Fair (KJGF), the B2B international jewellery trade fair which concluded in the city on 09 April 2018,...
DMCC, the world’s leading Free Zone for commodities trade and enterprise, held the 7th edition of its industry-leading annual Dubai Precious Metals Conference (DPMC) today, with...
The gold and jewllery industry in Dubai is talking to the government to levy value-added tax (VAT) only on the making charges of the jewellery rather...
The Banning Unregulated Deposit Schemes Bill, 2018, proposed by the central government, will hit the jewellery business by a 25 per cent reduction in sales, and...
Knowing well that wisdom comes with age, six decades have brought the brand a long way to this epitome of perfection from its origins in 1958....
Gold imports have not picked up even nine days ahead of Akshay Tritiya, a time which is usually associated with buying the yellow metal in India....
[vc_row][vc_column][vc_column_text] At the DMCC hosted Dubai Precious Metals Conference, four of the world’s foremost Exchanges gathered for the first time in Dubai to discuss ‘The Role...
In Dubai’s decades-old Gold Souk, customers from around the world haggle over bangles and necklaces. Elsewhere in the emirate, the region’s top centre for gold trade,...
Gemological Science International (GSI) one of the largest Gemological laboratories in the world participates at the 13th edition of GJIIE (Gems and Jewelry India International Exhibition)...
India’s gold imports in March halved from a year ago to 52.5 tonnes as a rally in local prices to 16-month high slashed demand in the...
Jewellery retail chain Tanishq launched new showroom at Kompally in Hyderabad on Saturday, taking the total number of its store count to 253. The new showroom...
Malabar Gold & Diamonds, one among the Big 5 jewellery retailers globally with a strong retail network of over 210 retail outlets spread across nine countries,...
Gold prices rose on Friday as investors fled to safe-haven assets after US President Donald Trump re-ignited trade war fears by proposing $100 billion in new...
Kalyan Jewellers has announced the unveiling of a one-of-its-kind global campaign leading to the Indian festival Akshaya Tritiya. The campaign, which is valid until June 9...
Lack of institutional finance support due to Nirav Modi scam, coupled with introduction of value added taxes on gold buying by Dubai resulted in a 11%...
Global demand for gold for jewellery fabrication is expected to touch a three-year high of 2,186 tonnes in 2018, according to independent precious metals consultancy Metal...
The All India Gems & Jewellery Domestic Council on Thursday said it has set a target of USD 100 billion by 2025 for the domestic gems...
Fura Gems Inc. (TSXV:FURA) has closed the second tranche (the “Second Tranche”) of its previously announced non-brokered private placement of common shares (the “Offering”). The Company issued 13,156,445...
[vc_row][vc_column][vc_column_text] Gold import in financial year 2017-18 is estimated at 13 per cent higher than the year before at $34 billion, the highest after 2014-15. The estimate...
Kerala-based Kalyan Jewellers today said the Dubai Police has filed a case against five persons of Indian origin for circulating alleged fake news about the brand...
The All India Gem & Jewellery Domestic Council (GJC), formerly known as All India Gems & Jewellery Trade Federation (GJF), announced Manthan Gems & Jewellery Conclave...
GJEPC to organize India Pavilion at UBM’s June and September Hong Kong Jewellery & Gem Fair 2018. Exhibitors at India Pavilion to enjoy group advertising benefits fully...
Canada-listed Fura Gems Inc, a new gemstone mining and marketing company, is eyeing 8-10 per cent share in the global USD 2-billion coloured stone market in...
Reliance Jewels, one of India’s most trusted jewellery brands, has relaunched its flagship showroom in Gurugram, at the Gold Souk Mall, India’s first speciality jewellery mall. Patrons will be...
More than 60 jewellery items by the artist known as the Maestro from the Marche region will be on display at the museum in Vicenza’s Basilica...
[vc_row][vc_column][vc_column_text] Reese Witherspoon selected PLATINUM earrings from Tiffany & Co. for the European premiere of “A Wrinkle in Time” on March 13th in London. [/vc_column_text][vc_single_image image=”3488″ img_size=”full”][vc_column_text] Reese...
In the aftermath of the Rs 129-billion fraud at Punjab National Bank (PNB) involving Nirav Modi and Gitanjali Gems, traders of loose diamonds are now shifting...
The RBI ban on Letter of Undertaking (LoU) as a trade finance instrument, will not have much impact on the gems and jewellery industry in West...
As gender equality and female empowerment rise to the top of the agenda in every industry, Egyptian jeweller Azza Fahmy continues to blaze the trail she...
Russian miner Alrosa, the world’s top diamond producer by output, has unveiled its synthetics detector, aimed at cracking down on dishonest suppliers that mix lab-made stones...
A digital revolution is reshaping the country’s $34 billion gold market, with smartphones, e-wallets and flexible investment schemes drawing new buyers into a business dominated by...
The DRI on Tuesday lodged a case against diamond merchant Nirav Modi and his firms for allegedly diverting diamonds and pearls worth Rs 890 crore to...
[vc_row][vc_column][vc_column_text] Fura Gems Inc. is pleased to announce the commencement of its Bulk Sampling Program at the Coscuez emerald project in Boyacá, Colombia (the “Coscuez Emerald Mine”)....
A white, one-carat round diamond that is very-slightly included in clarity, F-H (near-colourless to colourless) in colour, VG-ideal cut, with no-to-low fluorescence was selling for approximately...
Human Right Watch, a London-based NGO active in the field, has rated Indian jewellery brands like Tanishq, TBZ and Kalyan Jewellers as being ‘very weak’ in...
It is not clear at this stage if the government will allow the three spot exchanges to function as separate divisions of the same entity, or...
The government said today that there is no proposal to review the gold imports policy as inbound shipments of the metal have remained high. “At present,...
Mother’s Day is just around the corner and to celebrate this occasion, Malabar Gold & Diamonds has introduced an exclusive diamond and 18k gold jewellery pendants...
A 155 Year old trusted brand from South, Chemmanur International Jewellers Group launched its new Diamond Jewellery Collection “AMRA” in Delhi. The exhibition for the same...
Loose diamond traders have started approaching players in the organised sector for business dealings, due to the latter’s deeper pockets, following Rs 115 billion PNB (Punjab...
The government’s proposed gold policy, being finalised after recommendations from a NITI Aayog panel, should lead to a big rise in India’s sourcing of refined gold...
Mandatory hallmarking of gold jewellery will become a reality any time during the next quarter, that is, from financial year 2018-19, if the government decides to...
[vc_row][vc_column][vc_column_text] Going beyond the usual promotional activities to celebrate Mother’s Day (Arab) on 21st March, the Dubai Gold and Jewellery Group (DGJG) has launched a first...
The Reserve Bank of India has revised its directions on ‘Hedging of Commodity Price Risk and Freight Risk in Overseas Markets’, whereby it has excluded gold,...
DMCC, the world’s leading Free Zone for commodities trade and enterprise, is set to hold an in-depth discussion on “The Evolution and Impact of Taxation on...
Non-UAE cards have spent higher amounts during the shopping festival over the past five years compared to the rest of the year. Of all the spending...
Government-owned MMTC, the country’s largest international trading company, will hold the first auction under the Gold Monetisation Scheme (GMS) of the central government in the next...
Gold jewellery sales in the country have fallen 15-20% since the Rs 12,900-crore Nirav Modi-Mehul Choksi fraud came to light in early February as consumers have...
The gems and jewellery exports are likely to remain flat this financial year due to global economic slowdown, but might grow at 10 per cent next...
In a letter to the then Reserve Bank of India (RBI) governor Raghuram Rajan on July 26, 2014, the India Bullion and Jewellers Association (IBJA) had...
World Gold Council (WGC) on Tuesday said gave thumbs up to the government proposal for introducing a gold policy, saying it would change the scenario for...
Demand for gold jewellery in the UAE plummeted to a 20-year low last year, bucking the global trend, despite an uptick in sales in December before...
After Rs 11,300 crore Punjab National Bank fraud involving Nirav Modi, and Gitanjali GemsBSE -4.93 %, consumers appear to be wary of purchasing gold and diamond...
The sheer smithery in gold and silver breathes awe in the unending stretch of ancient accessories arranged across the spanking new Amrapali Museum in Jaipur that...
Demand in the UAE received a small boost in December as consumers rushed to make their purchases before a five per cent value-added tax was imposed...
[vc_row][vc_column][vc_column_text] Designer Pooja Nigam’s highly personal and customized designs find inspiration in the everyday, and guarantee exclusivity. The Retail Jeweller (TRJ): Tell us a little about...
Jewellers and bullion dealers in India will soon get the gold bar with 99.5% purity thanks to soon-to-be-launched India Good Delivery Standard (IGDS). IGDS which is...
Imports of cut and polished diamonds declined by 14.44 per cent to USD 1,527.43 million during the April to November period last year, against the year-ago...
India’s luxury market is set to grow to USD 30 billion from USD 23.8 billion by the year-end on back of growing exposure of international brands...
While analyzing the impact of the 11, 000-crore LoU scam involving Nirav Modi and Punjab National Bank, Care Ratings, a premier credit rating agency, in its...
[vc_row][vc_column][vc_column_text] The Young Qatari Designers presented at the heart of the 15th edition of the Doha Jewellery and Watches Exhibition 2018 (DJWE 2018), have witnessed a...
HK Group a leading stalwart in the Diamond industry has successfully developed and is launching Version 2.0 their mobile app. The app uses blockchain technology and...
The 11th edition of Retailers Association of India’s (RAI) Retail Leadership Summit (RLS), presented by Reliance Retail Ltd., was flagged off in Mumbai with an inspiring opening...
Narayan Jewellers by Ketan and Jatin Chokshi, the 75-year- old renowned jewellery brand from Vadodara dazzled at the New York Fashion Week runway, for the third...
[vc_row][vc_column][vc_column_text] Held under the Patronage of the Prime Minister and Minister of Interior, HE Sheikh Abdullah bin Nasser bin Khalifa Al Thani, Milestones Auction Supporting Education...
The CBI has booked Dwarka Das Seth International Pvt Ltd for the alleged fraud. After Nirav Modi and Mehul Choksi, the CBI has registered a case...
The Doha Jewellery and Watches Exhibition 2018 (DJWE 2018) first Watches and Jewellery Forum, sponsored by Fifty One East, has concluded. The Forum focused on the...
[vc_row][vc_column][vc_column_text] As part of its annual venture, Forevermark has created an exclusive Red Carpet Collection in collaboration with 19 prominent Indian retailers. These exquisite pieces will...
Shops for all scale of manufacturers, single window clearance of permits, training school and affordable housing are the key advantages to manufacture jewellery in the park,...
[vc_row][vc_column][vc_column_text]Under the Patronage of His Excellency the Prime Minister and Minister of Interior, Sheikh Abdullah bin Nasser bin Khalifa Al Thani, HE Sheikh Ahmed bin Jassim...
The Federation of GCC Chambers Project has forwarded recommendations calling for reviewing the introduction of VAT on jewelry, gold, precious and semi-precious stones industry. The Federation of...
Gitanjali jewellers on Tuesday have told their employees to take their relieving letters immediately as the company is looking at a shutdown, sources tell Republic TV....
Fura Gems Inc. has launched its new corporate website, at www.furagems.com, and the availability of its new corporate presentation. The new website features up-to-date information on...
The 15th edition of the Doha Jewellery and Watches Exhibition 2018 (DJWE), opening today (February 21) at the Doha Exhibition and Convention Center (DECC), will bring...
The Gem & Jewellery Export Promotion Council (GJEPC) has signed a Memorandum of Association (MoU) with Maharashtra Industrial Development Corporation (MIDC) to establish India’s largest jewellery...
The Growth System Saurabh Gadgil, Chairman & Managing Director, PNG Jewellers, Pune, Maharashtra Things I stopped doing: Financially assisting employees in need is part of being...
Gold prices jumped by Rs. 170 to Rs. 31,820 per ten gram owing to a strong local demand ahead of the wedding season. A positive global trend also lifted buyers’...
The Bharat Diamond Bourse (BDB) in Mumbai, expects at least 1,000 visitors from India and abroad to take part in the first Bharat Diamond Week, to...
Corporatisation of business structure and winning consumer trust are keys to build a good confidence with the banking sector and an easier path to get finances...
Top Indian retail jewellers are now under the lens for not putting in place systems to track possible human rights violation within their supply chains. While...
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