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Tag "Covid-19"

COVID-19: Jewellers start opening stores, sales down to 20-25%

COVID-19: Jewellers start opening stores, sales down to 20-25% 0

🕔16:52, 11.May 2020

The Ministry of Home Affairs (MHA) has allowed shops to open during the lockdown, which has been extended till May 18, for essential commodities and standalone business establishments of non-essential goods. All India Gems and Jewellery Domestic Council (GJF) Chairman

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Gold eases as economies reopen; hopeful investors take on more risk

Gold eases as economies reopen; hopeful investors take on more risk 0

🕔15:35, 9.May 2020

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 of central bank stimulus kept bullion on course for a weekly gain. Spot gold

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GJEPC webinar discusses consumer insights for business post Coronavirus

GJEPC webinar discusses consumer insights for business post Coronavirus 0 Updated

🕔18:56, 8.May 2020

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 to discuss the impact of Coronavirus on jewellery business and the change in consumer behaviour. The

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Return of gold artisans to Bengal casts shadow over craft’s future

Return of gold artisans to Bengal casts shadow over craft’s future 0

🕔21:00, 7.May 2020

Nearly 350,000 Bengali gold jewellery karigars or artisans are returning from the jewellery hubs of Tamil Nadu, Kerala and Karnataka to West Bengal, raising concern over whether they will go back to their workplaces when the trade resumes after the restrictions triggered

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Surat may lose cutting edge in diamond trade

Surat may lose cutting edge in diamond trade 0

🕔20:42, 7.May 2020

The diamond cutting and polishing hub of Surat will lose business to rivals China, Thailand and African countries unless it quickly comes out of the lockdown and resumes work, Bruce Cleaver, chief executive of global diamonds giant De Beers, told ET. “Surat is the biggest diamond

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Tracing the journey of Gold as the ultimate investment in times of pandemic

Tracing the journey of Gold as the ultimate investment in times of pandemic 0

🕔16:06, 7.May 2020

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 deals and today it is gold banking by central banks. Thus, it has remained

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Bharat Diamond Bourse Contributes Rs. 1,20,00,000 to Maharashtra Chief Minister’s Relief Fund for Fight Against COVID-19

Bharat Diamond Bourse Contributes Rs. 1,20,00,000 to Maharashtra Chief Minister’s Relief Fund for Fight Against COVID-19 0

🕔18:09, 4.May 2020

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 and Government of Maharashtra and its Chief Minister Shri Uddhav Thackeray for their fight

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Covid-19 outbreak: No gold seizure by Customs in April amid lockdown

Covid-19 outbreak: No gold seizure by Customs in April amid lockdown 0

🕔12:32, 4.May 2020

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 not a single illegal consignment of the yellow metal has been reported in the

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Jewellery Sector may be at an advantage during this time: Sachin Jain

Jewellery Sector may be at an advantage during this time: Sachin Jain 0

🕔18:17, 2.May 2020

“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 second half of the year, we will be in a stage of revival and

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Virus, high gold prices dent India’s Q1 jewellery demand by 41%: WGC

Virus, high gold prices dent India’s Q1 jewellery demand by 41%: WGC 0

🕔16:33, 2.May 2020

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 second largest consumer slumped 41% to 73.9 tonnes , thanks to a 25% jump

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