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Tag "demand"

Madhya Pradesh: Miner stumbles upon 10.69 carat diamond worth Rs 50 lakh

Madhya Pradesh: Miner stumbles upon 10.69 carat diamond worth Rs 50 lakh 0

🕔14:10, 22.Jul 2020

The same miner had earlier this month found another 70-cent diamond and deposited it at the local diamond office (Hira Karyalaya). Anandilal Kushwaha, a labourer, found a 10.69-carat diamond from a mine in the Ranipura area of Panna district on

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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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Why gold prices are likely to take a pause after hitting record highs

Why gold prices are likely to take a pause after hitting record highs 0

🕔12:10, 29.Jun 2020

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 an eight-year high of $1,768.41 per ounce (oz) last week. This coincides with the

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Will the gold price rise dampen India’s love for the yellow metal?

Will the gold price rise dampen India’s love for the yellow metal? 0

🕔11:34, 27.Jun 2020

Indian gold prices have increased by 23% so far this year. Gold with 24-carat purity also crossed the Rs 50,000 per 10-gram mark recently. But why are we seeing a surge in prices despite a COVID-led uncertainty impacting demand? In

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Jewellers aim to drive up sales in Unlock 1.0 with intense sanitisation, focus on online sales and virtual trials

Jewellers aim to drive up sales in Unlock 1.0 with intense sanitisation, focus on online sales and virtual trials 0

🕔18:51, 22.Jun 2020

After lockdown restrictions were eased in Unlock 1.0, jewellery stores reopened, with measures such as visual trials, displaying jewellery on video calls, and appointment-based shopping. However, jewellers are facing two challenges – offering a store-like experience to those shopping from

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Trade shows across India are, either cancelled or indefinitely postponed, leading to varied conjectures from the industry

Trade shows across India are, either cancelled or indefinitely postponed, leading to varied conjectures from the industry 0 Updated

🕔17:52, 9.Jun 2020

The world is in a state of uncertainty with the Corona virus overwhelming all aspects of life similarly. The gems and jewellery industry is severely affected. The fate of India’s trade shows hangs in balance as most events to be

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Gold price today: Rs 46,929 per 10 gm; silver at Rs 48,435 per kg

Gold price today: Rs 46,929 per 10 gm; silver at Rs 48,435 per kg 0

🕔15:05, 30.May 2020

Gold price today fell from Rs 46,995 to Rs 46,929 per 10 gram, while silver price was at Rs 48,435 per kilogram, according to the India Bullion and Jewellers Association (IBJA). The domestic gold futures rose by 0.34 per cent to

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Asia gold: Top hubs struggle as customers continue to keep away

Asia gold: Top hubs struggle as customers continue to keep away 0

🕔12:02, 30.May 2020

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 gold at discounts of $14-$18 an ounce versus benchmark prices, compared to last week’s

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COVID-19: US imports record amount of gold from Switzerland as virus upends trade

COVID-19: US imports record amount of gold from Switzerland as virus upends trade 0

🕔15:11, 28.May 2020

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 to other destinations dwindled, customs data showed on Tuesday. The global gold market has

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Over a third of Indian women have never bought gold jewellery

Over a third of Indian women have never bought gold jewellery 0

🕔14:48, 28.May 2020

14% will never consider buying; jewellers need to meet the fashion expectations of women, says World Gold Council survey. Shattering popular belief of women’s affiliation to gold, a survey by the World Gold Council has revealed that 37 per cent

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