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Gold prices today fall after rising to near record highs

Gold prices today fall after rising to near record highs 0

🕔16:26, 29.Jun 2020

Gold prices in India fell after rising near record highs in early session. On MCX, August gold futures were down ₹50 to ₹48,250 per 10 gram after rising to ₹48,462 at day’s high. Silver futures on MCX were flat at ₹49,245 per kg. Last

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Gold price today: Rs 46,844 per 10 gm; silver at Rs 47,695 per kg

Gold price today: Rs 46,844 per 10 gm; silver at Rs 47,695 per kg 0

🕔19:52, 10.Jun 2020

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 India Bullion and Jewellers Association (IBJA). The gold jewellery prices vary across India —

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Diamonds keep piling up. Producers stuck with gems worth billions

Diamonds keep piling up. Producers stuck with gems worth billions 0

🕔13:11, 8.Jun 2020

In one of the world’s biggest diamond vaults, hidden inside a nondescript office compound on the dusty outskirts of Botswana’s capital, the precious stones just keep piling up. Owner De Beers, which mines and auctions most of its gems in

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Fall in bank credit may delay jewellery sector recovery

Fall in bank credit may delay jewellery sector recovery 0 Updated

🕔12:58, 5.Jun 2020

The consistent fall in bank credit to the gem and jewellery industry may exert further pressure and delay the recovery of the sector which is already reeling under unprecedented drop in demand after the Covid pandemic outbreak. The stress due

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Unrest in US cities spark concerns among India’s diamond exporters

Unrest in US cities spark concerns among India’s diamond exporters 0 Updated

🕔00:38, 5.Jun 2020

Kolkata: The unrest in the major cities of the United States over the death of an unarmed black man in police custody has sparked concerns among India’s diamond exporters, who recently resumed shipments to the country which accounts for 50%

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Closed jewellery shops amid lockdown pull brakes on gold imports; India imports 99% less gold in May

Closed jewellery shops amid lockdown pull brakes on gold imports; India imports 99% less gold in May 0 Updated

🕔23:58, 4.Jun 2020

A nationwide lockdown and closed jewellery shops across India have led to a severe fall in gold demand, leading to near-negligible gold imports in the month of May. The gold imports in the month have fallen by 99 per cent

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How Chinese jeweller Ideal transformed staff into live-streaming KOLs

How Chinese jeweller Ideal transformed staff into live-streaming KOLs 0

🕔11:08, 30.May 2020

Shenzhen’s multi-brand jeweller Ideal has transformed its 18-year-old traditional business model to a New Retail business virtually overnight in light of the coronavirus crisis. The retailer rolled out a transformation initiative dubbed “Thousand People, Thousand Stores” by establishing ‘online cloud

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Gold rate jumps on US-China tensions, rising virus cases

Gold rate jumps on US-China tensions, rising virus cases 0

🕔18:26, 29.May 2020

Gold and silver edged higher on Friday after Sino-US tensions over Hong Kong escalated further while India continued to report an increasing number of new cases forcing investors to seek safe havens. China approved a decision to go forward with

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COVID-19:  Jewellers with hearts of gold

COVID-19: Jewellers with hearts of gold 0 Updated

🕔16:27, 29.May 2020

India is a uniquely diverse nation where people of all kinds ‘rich, poor, educated, uneducated, theist, atheists’ everyone lives in harmony and come crisis, this peculiarity of the populace is all the more pronounced. Little wonder why the sight of

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Technology powering ‘Contactless’ shopping key to post-pandemic future of jewellery retail

Technology powering ‘Contactless’ shopping key to post-pandemic future of jewellery retail 0 Updated

🕔10:28, 27.May 2020

When life gives you lemons, making lemonade is the only great idea. This is precisely what jewellery retailers seem to doing as they embrace technology to manage sales amidst the Corona crisis. Here’s a round-up of how jewellers are beginning

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