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Tag "gold prices"

Gold prices are dropping and could go all the way to $1,660 levels

Gold prices are dropping and could go all the way to $1,660 levels 0

🕔14:49, 30.Nov 2020

London: Gold slid below $1,800 an ounce to the lowest since July as positive vaccine news and a clearer political picture continued to undermine the safe haven. Bullion fell steeply in a repeat of losses, when news of AstraZeneca Plc’s

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Gold jewellery demand to decline 35 per cent in FY21: Icra

Gold jewellery demand to decline 35 per cent in FY21: Icra 0

🕔13:40, 30.Nov 2020

MUMBAI: Gold jewellery demand is expected to contract by 35 per cent in volume terms this fiscal, hit by the coronavirus pandemic and high prices, according to a report. The demand is likely to see a rebound in the second half of this financial

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People look at us commercially, but with a tinge of emotion

People look at us commercially, but with a tinge of emotion 0

🕔19:41, 27.Nov 2020

Akshay Verma of Verma Jewellers has propped up the second season of his Golden Bond campaign for customers across Himachal. He spoke to The Retail Jewellers on the positivity that the newest season is ushering in for the industry What

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Gold prices to average $2,300 an ounce in 2021 – CIBC

Gold prices to average $2,300 an ounce in 2021 – CIBC 0 Updated

🕔15:07, 27.Nov 2020

2020 has been one big roller-coaster ride for the gold market, and while volatility is expected, one bank sees bigger upswings next year. In its 2021 outlook, analysts at CIBC said that they see gold prices averaging the year around

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Weddings help retailers tide over pandemic blues

Weddings help retailers tide over pandemic blues 0

🕔18:09, 17.Nov 2020

Wedding shopping saw a rise in the average billing of trousseau and jewellery by as much as 25%. BENGALURU/NEW DELHI : Niche and intimate ceremonies with limited guests have replaced the big fat Indian wedding, and cost savings have resulted in

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Online jewellers get boost as e-tools click with shoppers

Online jewellers get boost as e-tools click with shoppers 0

🕔17:53, 17.Nov 2020

Titan owned-CaratLane, one of the earliest movers in the space, has seen a 40% growth in traffic and 60% growth in online revenue as compared to last year’s festive period. Chennai: Be it due to the revenge shopping factor, festive

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Dhanteras shines a bright spotlight on the future of jewellery sales

Dhanteras shines a bright spotlight on the future of jewellery sales 0 Updated

🕔14:41, 17.Nov 2020

With the dark year that has engulfed all of us in its bewildering smoke, what most of us were waiting for is the festive season for a bit of cheer. Dhanteras came with open arms, and most jewelers took advantage

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Mess in the Melt

Mess in the Melt 0

🕔18:37, 3.Nov 2020

In 2019, the Kansara family of Ahmedabad exited its gold refining business after running it for nearly 28 years. At its peak, Gujarat Gold Centre — helmed by Anil Kansara and his three brothers — posted a trading turnover in

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Jewellery demand shrinks 48% in Q3 even as net imports rise 8%

Jewellery demand shrinks 48% in Q3 even as net imports rise 8% 0

🕔15:17, 30.Oct 2020

“Weakness caused by COVID-19 was compounded by record gold prices: Q3 demand fell 29% YoY to 333t. While China and India accounted for the largest volume declines, weakness was global,” said WGC. Mumbai: Indian demand for gold jewellery shrank 48% year-on-year (YoY)

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India’s gold demand could recover during fourth quarter on festival shopping: WGC

India’s gold demand could recover during fourth quarter on festival shopping: WGC 0 Updated

🕔12:47, 30.Oct 2020

“We expect quarter four would be better than quarter three due to pent-up demand and festivals,” said Somasundaram PR, the managing director of WGC’s Indian operations. MUMBAI: India’s gold demand in the fourth quarter is expected to recover after falling 30% in

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