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Tag "coronavirus"

Is it safe to try gold jewellery in Dubai stores?

Is it safe to try gold jewellery in Dubai stores? 0 Updated

🕔19:21, 28.Jul 2020

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 and employees from coronavirus. “There are guidelines that all gold jewellery outlets must follow.

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Jewellers bargain on rent, pare store sizes and stocks to stay afloat

Jewellers bargain on rent, pare store sizes and stocks to stay afloat 0

🕔18:06, 28.Jul 2020

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, and pruning other fixed costs including labour and technology for survival. This situation has

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Gold price today: Rs 50,703 per 10 gm, silver climbs to Rs 60,785 per kg

Gold price today: Rs 50,703 per 10 gm, silver climbs to Rs 60,785 per kg 0

🕔13:16, 24.Jul 2020

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 to new highs of Rs 50,703 from Rs 50,552 per 10 gram while prices

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Hong Kong’s latest virus surge and possible lockdowns have Indian jewellery exporters worried

Hong Kong’s latest virus surge and possible lockdowns have Indian jewellery exporters worried 0

🕔13:00, 22.Jul 2020

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 jewellery exporters. Hong Kong is the nerve centre for the gem and jewellery business

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Gold Futures Cross Rs 49,555 Mark To New Record High

Gold Futures Cross Rs 49,555 Mark To New Record High 0

🕔12:44, 22.Jul 2020

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 by Rs 552 – or 1.13 per cent – to a record Rs 49,579 during the

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Falling sales are making jewellery manufacturers think twice about rehiring migrant artisans

Falling sales are making jewellery manufacturers think twice about rehiring migrant artisans 0

🕔17:29, 20.Jul 2020

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 work only if they take half of their salaries for at least three months

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The Jewellery Cut Live is one of the only global jewellery shows to remain a physical event in 2020

The Jewellery Cut Live is one of the only global jewellery shows to remain a physical event in 2020 0

🕔14:08, 17.Jul 2020

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 Live intends to open its doors to visitors on September 20th & 21st, 2020.

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Gold pips $1,800, first time since 2011

Gold pips $1,800, first time since 2011 0 Updated

🕔12:18, 9.Jul 2020

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 coronavirus cases. Spot gold jumped 1 per cent to $1,811.55 per ounce by 1512GMT.

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Why gold prices are rising despite weak demand at jewellery shops

Why gold prices are rising despite weak demand at jewellery shops 0

🕔12:06, 6.Jul 2020

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 China and India, helping push prices to an eight-year high. Inflows into exchange-traded funds

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India’s June gold imports plunge on record price, lockdown

India’s June gold imports plunge on record price, lockdown 0 Updated

🕔15:09, 3.Jul 2020

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 nationwide lockdown to curb the spread of coronavirus, a government source said. The world’s

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