“There are over 2,000 small and medium units in Surat manufacturing lab-grown diamonds. After unlock-1, the lab-grown diamond units are working at their full capacity due...
Weak Q4 set the seal on an 11-year low for annual 2020 gold demand. The global gold market was ravaged by COVID-19 disruption throughout the year,...
The International Monetary Fund (IMF) has projected an impressive 11.5 per cent growth rate for India in 2021, making the country the only major economy of...
The coronavirus pandemic and the disruption in the supply chain dimmed the glitter of the world’s largest diamond cutting and polishing centre in Surat. However, Christmas...
Only 30,000 jewellers of 300,000 jewellers in the country have opted for hallmark gold, which will likely make gold ornaments and jewellery scarce for families ahead...
New Delhi: India’s gold imports in 2020 slumped to the lowest in more than a decade as the coronavirus pandemic battered demand and logistics, while higher prices...
Gold jewellery sales in Hong Kong fell by almost 80 per cent this year as the Covid-19 pandemic spoiled countless wedding parties and other celebrations, according...
While a majority of sectors have been negatively impacted by the coronavirus pandemic, raw diamond cutting and polishing units in and around Surat city of Gujarat...
SURAT: For the first time, the Gems and Jewellery Export Promotion Council (GJEPC) has organized three virtual buyer-sellers meets (VBSM) in November. It is all geared...
Surat: It seems the coronavirus pandemic has not dimmed the liking of the diamond connoisseurs in Uncle Sam’s land. At a time when the export of...
Industry experts stated that the polished diamond exports have recovered due to the increase in the demand from the US, the UK and China. Starting from...
The survey, which was conducted online with organisations with over Rs 500 crore revenue, and took responses of more than 100 CXOs (top management officials), found...
Rupeek now disburses Rs 250 crore a month from Rs 20 crore a year and a half ago. CEO Sumit Maniyar now has a target of...
The World Gold Council estimates there are about 2,000 tonnes of gold locked away in temples—worth about $84 billion at current prices. Groups of men in...
In view of the coronavirus pandemic, the government on Monday announced the extension of a deadline for mandatory hallmarking of gold jewellery and artefacts by over...
Surat: While the global coronavirus pandemic has prevented the diamantaires from visiting Dubai, Antwerp and Botswana to purchase rough diamonds to keep their units operational, industry...
The world’s biggest producers are sitting on a mountain of precious stones as they hoard inventory to maintain prices. In almost 130 years of its existence,...
Jewellers and bullion traders have urged the government to extend the deadline for mandatory hallmarking by a year to January 2022, saying the loss of business...
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,...
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...
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...
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...
Kolkata- based Senco Gold & Diamonds, which has presence in other metros too, on Wednesday announced that there would be no salary cuts and the company...
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...
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...
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...
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 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...
