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Tag "global demand"

UAE’s gold shoppers are back, for coins and bars ahead of Diwali as price drops below $1,900

UAE’s gold shoppers are back, for coins and bars ahead of Diwali as price drops below $1,900 0

🕔17:59, 12.Nov 2020

Dubai: UAE’s shoppers are once again picking up gold – but more as coins and bars for investments rather than jewellery. With gold finally dropping below $1,900 an ounce – it’s at $1,878 early today (October 29) – shoppers want

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GJEPC’s Global Connect brings India and UK together is a sparkling bond

GJEPC’s Global Connect brings India and UK together is a sparkling bond 0 Updated

🕔14:18, 30.Sep 2020

Part of a booming global sector, jewellers hardly go out of reckoning. As the industry grows at a stunning pace, most retailers and manufacturers look out for opportunities to branch beyond borders, and GJEPC’s latest series shows how the UK

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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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Retail gold prices go past Rs 50k/10gm mark

Retail gold prices go past Rs 50k/10gm mark 0

🕔11:20, 2.Jul 2020

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 is the first time the price of the precious metal, with which Indians associate

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Alrosa sees May diamond sales at tens of millions of dollars

Alrosa sees May diamond sales at tens of millions of dollars 0

🕔19:19, 29.May 2020

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 its diamonds sales were worth $16 million, its chief executive told Reuters. The new

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Import of rough diamonds unlikely to resume soon

Import of rough diamonds unlikely to resume soon 0

🕔16:33, 27.May 2020

Due to muted global demand, Indian diamond trade is unlikely to import rough diamonds for a month beginning June 1, as the global demand will not pick up immediately and the trade has huge inventory. Diamond-polishing units in Surat are

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Gold demand may shift from jewellery, says WGC India MD.

Gold demand may shift from jewellery, says WGC India MD. 0

🕔17:19, 5.May 2020

  The gold market in India might see a significant shift in consumer behaviour once the nationwide lockdown is lifted. While Indian buyers have traditionally preferred jewellery over other forms of gold, record high prices and social distancing norms may

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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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Global Gold Demand Will Rise to Four-Year High in 2019: Metals Focus

Global Gold Demand Will Rise to Four-Year High in 2019: Metals Focus 0

🕔12:30, 1.Apr 2019

Global demand for gold in 2019 will rise to the highest in four years as higher consumption by jewellers offsets a fall in purchases by central banks, an industry report said on Monday. The world will consume 4,370 tonnes of gold

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