Gold demand in India will be resilient against the latest onslaught of Covid-19 cases as buyers in the second-biggest consumer “learn to live with the virus,”...
Marriage ceremonies across India have been put on hold due to the coronavirus lockdown. Their plans of tying the knot hopelessly tangled in a pandemic that...
Alrosa PJSC, Russia’s largest diamond miner, is likely to bid at the sales to replenish its own inventories, which have declined to a record low.
This will be used for inoculating those most vulnerable to the disease in the society with limited access to the vaccine, jewellery artisans, employees, investors, and...
Punjab Jewels have distributed 40,000 Covid -19 home isolation kits to 8 districts across Indore, Bhopal, Dewas, Ujjain, Vidisha, Dhar and counting.
The shift to national and regional brands is clearly on the rise as consumers get more comfortable and feel secure in terms of quality, which is...
Physical gold in India was sold at a discount this week for the first time in 2021 as a spike in coronavirus cases prompted strict restrictions...
Indian gold buyers sidelined for most of the past year due to surging costs are now snapping up bullion as a drop in prices unleashes pent...
To ensure that shopping for jewellery goes back to its previous force, the DGJG organized a vaccination drive for the cogs and wheels in the sector...
Revenge consumption of diamonds from the US is driving manufacturing items in Surat to work additional time to satisfy the demand. There has been a scarcity of tough diamonds...
by Suneeta Kaul The raging corona pandemic has forced retail jewelers to try out many things – new ways of selling their products, novel schemes, interesting brand...
Want to make Maharashtra world’s largest trading center for diamonds and jewellery: Uddhav Thackeray, Chief Minister of Maharashtra at IIJS Virtual Inauguration The gem and jewellery...
Dubai non-oil trade continued its growth against the current crisis. Being a hub for gold and diamond trading and making, Dubai made Dhs67.1 billion from gold...
GJEPC Chairman is seeing “multiple reasons to be optimistic about the holiday season ahead” In an interview with Rough & Polished, Colin Shah, Chairman of The...
NEW DELHI: The Supreme Court on Wednesday took note of the Centre’s alleged inaction and asked it to clarify its stand within a week on the...
In New Delhi, prices of 22-carat gold plunged sharply to Rs 51,250 from Rs 51,700 per 10 gram in the previous trade while price of 24-carat...
Discounts of up to $20 an ounce were offered against official domestic prices including 12.5% import and 3% sales levies versus the $2 premiums last week....
The second online edition enables traders to buy and sell diamonds in a virus-free environment The Antwerp World Diamond Center (AWDC) and the Israel Diamond Institute (IDI) will...
Gold prices Monday jumped to Rs 59,300 from Rs 59,290 per 10 gram, while silver climbed to Rs 74,210 from Rs 74,200 per kg, according to Good...
In an attempt to control local transmission of coronavirus, Surat Municipal Corporation’s health department instructed diamond factory owners, textile traders, and dyeing and printing mill owners to...
Gold prices jumped on Tuesday to Rs 53,650 from Rs 53,460 per 10 gram, while silver climbed to Rs 65,400 from Rs 65,120 per kilogram, according...
Dubai gold jewellers have assured shoppers that the jewellery they try on at the local outlets is safe, as they are regularly sterilised to protect consumers...
The Rs 475,000-crore Indian jewellery sector has entered a consolidation phase with jewellers renegotiating for a 25-30 per cent of cut in rent, reducing store sizes and inventories,...
Gold jewellery prices vary across India, the second-largest consumer of the metal, due to excise duty, state taxes, and making charges. Gold prices on Friday surged...
KOLKATA: The fresh wave of coronavirus cases in Hong Kong has prompted the government there to think of stricter lockdown raising concern among Indian gems and...
Gold Rate In India: Domestic gold and silver futures soared to touch new all-time highs on Tuesday. MCX gold futures, due for delivery on August 5, gained...
Most of the artisans, or karigars, who work at jewellery manufacturing hubs in the country hail from West Bengal. Jewellers are ready to take them to...
While jewellery shows the world over are postponing until next year or morphing into digital-only experiences due to the Coronavirus pandemic, boutique event The Jewellery Cut...
Gold prices on Wednesday breached the $1,800-an-ounce barrier for the first time since 2011 as investors opted for the safe-haven commodity amid mounting fears of rising...
Western investors piling into gold in the pandemic are more than making up for a collapse in demand for physical metal from traditional retail buyers in...
India’s gold imports plunged 86% year-on-year in June due to record high prices and as international air travel was banned and many jewellery shops closed amid a...
A strong global demand for gold, along with a depreciating rupee, helped the yellow metal to breach the Rs 50,000-per-10gm mark in Mumbai’s retail market on Wednesday. This...
Sales of gold jewellery in the UAE have plunged by up to 85 percent due to the pandemic and have yet to pick up even after...
Gold prices in India fell after rising near record highs in early session. On MCX, August gold futures were down ₹50 to ₹48,250 per 10 gram after rising...
There is no denying that there are many potential geopolitical and economic risks, which, if they play out, bode well for gold Gold prices surged to...
Surat: Shaken by the sudden spike in the Covid-19 cases among its workforce, the majority of the big diamond units in Katargam zone of Surat city...
Prior to the coronavirus paralyzing the world, Russia was ramping up its gold production, according to the Union of Gold Producers of Russia. Russia’s total gold...
If there is one thing that’s glittering amid all the Coronavirus gloom, it’s the yellow metal. Gold has been on a record-busting spree and zipped past the Rs...
The World Jewellery Confederation has postponed the congress for the first time ever. CIBJO, The World Jewellery Confederation, has announced that its annual congress, originally scheduled for October...
Gold rates today: On MCX, prices hit a new high of ₹48,289 per 10 gram. A woman walks past a poster outside a jewellery shop in Kolkata....
The price of gold declined 1 per cent on Monday, following the global movement, over poor retail consumer demand and weak equity market sentiment. Standard gold...
Fura Gems updated investors on Wednesday on its 76%-owned Coscuez emerald mine in Colombia, where operations have begun again with 50% of the workforce. Since acquiring...
ORRA, India’s leading house of finest bridal jewellery announced the re-opening of its retail stores after receiving government approvals. The brand has commenced operations in all...
Mumbai: As consumers in the US reassess their purchasing behaviour in light of the COVID-19 pandemic, gifts that are meaningful and that retain their value will...
In an effort to help the second-largest workforce sector in India, the Master Craftsmen and Artisans, facilities have been allocated by brand Sangeeta Boochra & Silver...
In one of the world’s biggest diamond vaults, hidden inside a nondescript office compound on the dusty outskirts of Botswana’s capital, the precious stones just keep...
A nationwide lockdown and closed jewellery shops across India have led to a severe fall in gold demand, leading to near-negligible gold imports in the month...
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...
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...
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...
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...
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...
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...
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...
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....
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
The initiative salutes and acknowledges the administration, police personnel and frontline health workers who are working relentlessly to fight the global pandemic. Amritsar: Maliram Jewellers in...
The countrywide lockdown is showing the jewellers’ community in a warm new light. All the citizenry can see that jewellers, too, are patriots who stand with...
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...
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...
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...
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...
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...
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...
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,...
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...
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...
Hari Krishna Group, a leading name in Gems and Jewellery industry, organised a blood donation drive on 13th February,2020at The Capital, BKC. The donation camp was...
Gold prices in India moved higher, tracking gains in global markets as heightened fears of the economic impact of the coronavirus prompted investors’ flight for the...