Following a significant decline in March, gold imports rebounded in April, reaching a value of US$3.1bn, more than double the amount of the previous month and...
Gold recycling, however, showed an increase in Q2 2023 when compared to the same quarter of the previous year, likely due to consumers capitalising on historic...
The gold jewellery demand of 78 tonnes in the first quarter of 2023 was the weakest for the first quarter in India since 2020 Indian consumers...
Gold continued its trend lower Tuesday, but falling prices are boosting demand out of India and China, according to analysts. Markets are shifting their focus to...
India needs a robust gold policy which will rationalise gold import duty to curb gold smuggling, boost exports of gems and jewellery and empower organised jewellery...
MUMBAI/NEW DELHI: India’s gold imports in December plunged 79% from a year earlier to the lowest level in at least two decades for the month as...
The commerce ministry is discussing a reduction in import taxes on gold to rein in illegal shipments, according to a Bloomberg report attributing people familiar with...
Indian gold prices reached a high of Rs 53,462 per 10 grams last week as global spot prices rose to over $1,800 per ounce. This price...
CHENNAI: Indian entities can hedge their exposure to gold price risk in overseas markets on recognised exchanges in the International Financial Services Centre (IFSC), Gujarat, said...
India raised the base import prices of gold, crude and refined palm oil, the government said in a statement on Tuesday, as prices rose in the...
Gold jewellery demand in India is likely to decline in the second and third quarters of this fiscal due to hike in import duty, high volatility...
Investors face a challenging environment during the second half of 2022, needing to navigate rising interest rates, high inflation and resurfacing geopolitical risks. In the near...
New Delhi: Gold prices in India extended their gains from the previous week as the Centre raised the import duty on the yellow metal, a measure...
Gold may be heading for another rally, with warnings over a global economic slowdown paving the way for a fresh push toward $2,000 an ounce. A...
MUMBAI: India’s gold imports in May jumped 677% from a year ago to the highest level in a year as correction in prices just before a...
Gold discounts widened in India this week as demand faltered due to a rise in prices and a winding up of wedding season, while consumers remained...
Gold has seen highs of $2076 and lows of $1790, recently, after it breached its 200-day moving average in January this year. This is the second...
Ahmedabad: With the third wave of Covid-19 dampening wedding occasions, inflationary pressures eating into disposable incomes and an overall muted sentiment due to high prices of...
The World Gold Council’s Q1 2022 Gold Demand Trends Report suggests that India’s Q1 2022 gold demand declined by 18 per cent to 135.5 tonnes, mainly...
The revenue of gold jewellery retailers is likely to increase by 12-15 per cent in 2022-23 on steady demand and sustained high prices of gold, rating...
Ind-Ra maintains its view that the sector demand is likely to grow 30 to 35% yoy in FY 0222 because of a low base and a...
In the last two weeks, with a steep increase in gold prices, jewellery sales have declined to result in loss of business for goldsmiths and manufacturers....
Gold’s rapid rise to near-record levels is unnerving some buyers in India, who are holding off on purchases, and worrying jewellers in the country’s vibrant bazaars....
New Delhi: Rush for safe haven investments during the ongoing market volatility triggered by the Russia-Ukraine conflict is expected to keep global gold and silver prices...
As gold crosses Rs 53,000 per 10 gm mark following the war between Russia and Ukraine, people are cancelling their orders placed with the jewellers or...
AHMEDABAD: With cases of Covid-19 receding, the kamurta period ending and weddings being organized in a big way again, gold demand has remained upbeat despite the...
New Delhi: Kalyan Jewellers, one of India’s most trusted and leading jewellery brands, has announced mega offers this season for its patrons across the country. As...
Investors are keen to buy platinum while it is trading for less than gold on a per ounce basis, with demand being driven by both investors...
Tanishq, India’s largest jewellery retail brand from the house of Tata has introduced a unique Light Weight Jewellery platform called ‘Tanishq Hi-Lites’. The jewellery major has...
As gold prices have surged, jewellery major Tanishq has come up with 22-karat jewellery that contains 15-25% of hard alloy and are priced 15-20% lower compared...
AHMEDABAD: Backed by good sales fuelled by pent-up demand, improving incomes, weddings, and investment requirements gold and silver imports have surpassed pre-pandemic levels in the calendar...
Gold, which lost its sheen to some extent in the second half of 2021, is likely to regain the glitter in the New Year and cross...
The 2022 gold outlook looks promising, with the first half of next year offering the best environment for the gold bulls, according to TD Securities’ commodities...
Indian households are once again hoarding gold, pushing up the import bill and widening the trade deficit. The country’s trade deficit widened to $122 billion in...
Gold price in India flipped into discount this week after festival buying came off. Dealers offered a discount of up to $2 an ounce over official...
Gold’s hot streak is still in its early innings, say the managers behind two of the largest ETFs on the market backed by the precious metal....
Ahmedabad: Increased prices of gold took the sheen off sales in Gujarat on Dussehra, on Friday. Even though the consumer sentiment has remained upbeat, a surge...
Leading stock exchange BSE is ready with its technology to introduce electronic gold receipts (EGRs) on its platform, which will help in creating uniform price structure...
After two consecutive years of decline, the revenue of gold jewellery retailers is poised to grow 12-14 per cent on-year this fiscal, driven by stable gold...
Gold prices were flat on Tuesday, as investors braced for key U.S. inflation data that could offer cues on the Federal Reserve’s decision to taper stimulus...
MUMBAI: India’s gold imports in August nearly doubled from a year earlier to the highest in five months on strong demand and as weaker prices prompted...
Nitin Gulabani, Managing Director, Nitin Jewellers, talks to Samit Bhatta, publisher of The Retail Jeweller India magazine about his expectations from the IIJS. What are your...
Gold prices eased on Friday as the dollar held gains ahead of the much-anticipated U.S. jobs data, while a growing number of Federal Reserve officials signalled...
New Delhi: On Friday (July 2), which was the last trading day of the ongoing week, gold was trading at around Rs 47,300 per 10 grams...
Madhurima Shekhar, Vice President, Manoharlal Jewellers, New Delhi has a background in Finance. While doing her B.Com (Honours) from Delhi University, she used to play competitive...
Kalyan Jewellers has announced the extension of the Gold Ownership Certificate initiative. This was launched last year, during the lockdown, and with the lockdown imposed again,...
As jewellers rethink their business strategies to strive in the brave new world that is slowly shaping up from the ramparts of the destruction wreaked by...
Premiums on gold over official domestic prices in India dipped this week amid faltering demand, Reuters reported. Rising prices and strict restrictions to contain the spread...
Ahmedabad: Falling gold price after the basic customs duty (BCD) cut on gold and silver has left jewellers rejoicing as the business has begun to bounce...
Dubai: UAE shoppers rushed to gold and jewellery stores over the weekend – and it’s a good thing they did as Monday sees prices moving up...
Gold ETFs or funds make it easy for investors to buy gold at low cost, without having to hold physical gold and without incurring wastage associated...
Ahmedabad: Gold price in Ahmedabad market plunged to an eight-month low at Rs 48,500 per 10 grams on Wednesday. The price of the yellow metal price...
By Suneeta Kaul Last week, the Union government announced a revamped Gold Monetisation Scheme, as per which the minimum deposit amount has been reduced to just...
“Price of gold will come down. There is a lot of pent-up demand in the market and the reduction in duty will unleash that demand,” said...
Gold is poised to cap a tumultuous year with the biggest annual advance in a decade, with gains this month aided by the dollar’s decline to...
Ahmedabad: Muhurat purchases and Diwali season failed to add the needed glitter to gold demand. Consequently, yellow metal imports, even at 2.48MT, declined by a whopping 45%...
Global gold demand dropped by 19% y-o-y to 892t in Q3, as consumers continued to feel the impact of the COVID-19 pandemic. This was the lowest...
jewellery business is expected to reach 65% of pre-covid, during dussehra People are gradually venturing to purchase jewellery, as things are moving towards normalcy with the...
Ahmedabad: The auspicious muhurat of Dussehra fuelled the release of long pent-up demand for precious metals – gold and silver. Gold and silver jewellery sales remained...
On August 7, gold touched a price of $2,074/ounce in international markets and Rs 56,254/10 gm. The geopolitical uncertainty between the US and China means an...
AMFI chief executive NS Venkatesh said, “Gold investment is continuing to be seen as a haven for investors. Chennai: Investments in Gold exchange-traded fund (ETF) remained...
In New Delhi, the price of 22-carat gold jumped to Rs 50,600 per 10 gram, and in Chennai to Rs 49,750 Gold prices today rose to 55,200...
by Suneeta Kaul The Big Fat Indian Wedding does not exist only in movies – it is a reality that spans metros, smaller cities, towns, and...
In New Delhi, the price of 22-carat gold rose to Rs 51,500 per 10 gram, and in Chennai to Rs 50,740 Gold prices jumped on Tuesday to...
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...
Gold should be embraced as a portfolio diversifier and hedging strategy by an investor in the current environment. The present difficult time amid pandemic COVID-19 will...
The Sovereign Gold Bond Scheme 2020-21-Series IV will be opened for subscription for the period between July 6 and July 10. The fourth instalment of the...
Economic uncertainty unleashed by the Covid-19 pandemic is still not persuading India’s gold hoarding lot to sell their household gold even in the midst of a...
Sales of gold jewellery in the UAE have plunged by up to 85 percent due to the pandemic and have yet to pick up even after...
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...
Amid gloomy economic outlook and continued uncertainty, if there is one asset class that looks likely to flourish, it is gold. With domestic prices at record...
Gold and silver prices in India today fell after a big jump in the previous session. On MCX, August gold futures were down 0.95% to Rs...
Gold prices fell in Indian markets today despite a positive global trend. On MCX, August gold futures fell 0.4% to ₹47,150 per 10 gram, after a...
Gold price today rose from Rs 46,479 to Rs 46,844 per 10 gram, while silver slipped from Rs 47,800 to Rs 47,695 per kilogram, according to...
Gold price today fell from Rs 46,767 to Rs 46,696 per 10 gram, while silver slipped from Rs 47,930 to Rs 47,800 per kilogram, according to India...
Gold price on Tuesday rose from Rs 47,043 to Rs 47,075 per 10 gram, while silver was recorded at Rs 49,540 per kilogram, according to India Bullion...
Record sale by value attributable to the high price of the metal in Indian markets. The government sold sovereign gold bonds (SGBs) worth Rs 1,168 crore in the...
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...
Gold price started the week on negative foot after reports from India that the country’s imports contracted for the fifth straight month in a row, falling...
Kochi: With the easing of lockdown, jewelleries were allowed to function in the state. As the shops opened after two months, heavy rush was experienced everywhere....
The impact on overall fine gold consumption has been acute with there being almost no real demand for fresh gold from this segment. Asia dominates this...
India’s gold imports plunged 99.9 per cent year-on-year in April to their lowest in nearly three decades, news agency Reuters reported citing a government source. The...
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...
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...
Driven by investors’ clamour for insurance against economic turmoil and the potential devaluation of assets and currencies, some predict a bull run reminiscent of gold’s price...
The world stands crippled against the deadly Coronavirus and it won’t be wrong that it has impacted various industries across the world. And, the jewellery sector...
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...
Gold prices gained Rs 201 to Rs 43,876 per 10 gm in Mumbai’s bullion market on the back of a weak rupee versus the dollar, but...
A sudden reversal in gold price, which went up nearly Rs 1,000 on Wednesday, has again given rise to hopes that the yellow metal would soon...
Retail Jeweller find outs why Gold deposit schemes are becoming ever more important for the jewellery industry even as several reports of retailers scamming consumers for...
GOLD BARS in India traded at a higher price than London quotes this week for the first time since the Modi government’s shock hike to bullion import...
Global gold demand in the first half of 2019 jumped to a three-year high on the back of robust demand by central banks and gold-backed exchange-traded...
India’s gold demand in the April-June 2019 quarter saw an increase of 14 per cent on a year-on-year basis, but it might remain muted in the next two...
Gold price touched an all-time high at Rs 35,700 per 10gm on Tuesday, before tapering down to Rs 35,000 the next day. It hovered around Rs...
Consumers have cut their average ticket size for jewellery purchase by 40 per cent this Akshaya Tritiya amid expectations of further price fall in gold prices. Gold prices...
Gold prices are struggling to bounce off its year-to-date lows, but the World Bank remains optimistic that prices will continue to move higher through the rest...
WITH the onset of marriage season, demand of gold has multiplied manifold. Jewellers are witnessing renewed demand for gold. People are visiting jewellery shops and placing...
Gold prices slipped on Wednesday, after touching their lowest level in four weeks in the previous session, as equities traded near a seven-month high, denting bullion’s...
Gold prices dipped on Wednesday, after posting gains in the previous three sessions, as the dollar gained ground ahead of an interest rate decision by the...
Gold prices gained Rs 80 to Rs 33,250 per 10 gram at the bullion market on Monday due to fresh buying by local jewellers, even as...
The brand in order to capitalize on the festive season is offering deals available across all Tanishq stores in West...
In addition to the new campaigns, Lightbox has introduced two new jewellery collections: “Reminiscence” and “City Lights” Mumbai: Lightbox, the...
The puja-themed video comprises all the quintessential elements of the festival and highlights four distinct jewellery styles portrayed by each...
The brand’s social media page prominently showcases a variety of reels and shots from the music video, capturing the essence...
The Gold Jewellery Mela campaign, like in its previous editions, attracted primarily bridal jewellery consumers, with about 70% of the...
We bring you a weekly wrap of the most significant retail happenings absolutely free of cost. A free subscription to Retail DIVE will keep you ahead in business and know-how!
We bring you a weekly wrap of the most significant retail happenings absolutely free of cost. A free subscription to Retail DIVE will keep you ahead in business and know-how!