PMAC is expected to enhance development of the precious metals ecosystem in the Gujarat International Finance Tec-City (GIFT-IFSC) and India’s overall gold economy Sabyasachi Ray, Executive,...
Fine jewellery brand PMJ Jewels’ new store showcases its bridal designer diamond, gold and polki jewellery collections Fine jewellery brand PMJ Jewels has launched a new...
Ahead of Dhanteras, the demand for precious metals jumped by 40 per cent (YOY), with gold contributing 70 per cent of the overall demand, according to...
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...
MMTC-PAMP is poised to expand its reach in Karnataka, Tamil Nadu, Telengana and Andhra in the initial phase by tying up with top jewellers in key...
Dubai: DMCC – the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise – has announced that its Executive Chairman and...
Vastupal Ranka, Director, Rare Jewels from the House of Ranka Jewellers, Pune, offers reasons why new-age brides still opt for gold jewellery sets on their D-day....
“Retail demand has been gaining momentum. Showrooms, especially in small towns, are witnessing good footfalls,” said Amit Modak, chief executive officer at jeweller PN Gadgil and...
To navigate the constantly evolving nature of the jewellery business, from handling daily price fluctuations of precious metals and gemstones, to drawing insights from shopping patterns,...
The Gem and Jewellery Export Promotion Council (GJEPC) on Thursday welcomed the government’s move to exempt the Agriculture Infrastructure and Development Cess (AIDC) on gold and...
Mumbai, 18th February 2021: The Finance Ministry has issued a notification dated 17th February 2021, of the amendments made to the finance bill 2021 with regards...
NEW DELHI: A large number of commonly used items, including refrigerators, air conditioners, LED lights and mobile phones, will become more expensive due to hike in...
By Suneeta Kaul The Union Budget 2021, presented by Finance Minister Nirmala Sitharaman, has reduced the import duty on gold and silver to 7.5%, a move...
Finance Minister Nirmala Sitharaman in Budget 2021 proposals said that the government will rationalise customs duty on gold and silver. Currently, gold attracts 12.5% import duty....
Sitharaman explained that the step was taken due to the increase in prices of the precious metals. According to experts, high customs duty on gold helps...
HYDERABAD, India, Jan. 4, 2021 /PRNewswire/ — The Diamond Store by Chandubhai, Hyderabad’s most trusted Diamond Jeweller launched its whole new stunning line of bridal collection. The collection is especially...
Bullion hit a record in August as investors feared an unprecedented wave of stimulus by central banks and governments would lead to currency debasement and inflation....
By Suneeta Kaul The colour gemstone sector of India is on the cusp of exciting opportunities, but it also faces significant challenges, especially in view of...
19th December, Mumbai: In an online meeting convened by Hon’ble Finance Minister Smt. Nirmala Sitharaman for union budget recommendations, GJEPC represented the budget recommendations for the...
“Retail jewellery demand has been coming down due to volatile prices,” said Anoop Chemmanur, managing director of Chemmanur Jewellers in Bangalore. BENGALURU/MUMBAI: Retail consumers in India slowed gold purchases this...
The Gem and Jewellery Export Promotion Council (GJEPC) proposes several measures like reduction in cut and polished diamonds to 2.5%, reduction in import duty of gold...
BENGALURU/MUMBAI: Gold premiums in India jumped to their highest in nearly three months this week, as jewellers continued to stock up on hopes of more customers visiting stores as 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...
Spot gold prices in India(Rs. 50560.0) have increased since yesterday(Rs. 50550.0). Although, it was lower than the average gold price observed this week (Rs.50594.29) by 0.07%....
Gold may remain vulnerable to further losses in the short term, as markets are being impacted by movements in the US dollar, mainly due to the...
“VOICE will be one big showroom where supply chain companies can present their new collections, latest design trends and most contemporary processing innovations.” As the global...
Discounts of up to $20 an ounce were offered against official domestic prices including 12.5% import and 3% sales levies versus the $2 premiums last week....
DMCC – the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise – announced today the launch of its latest discount...
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...
Dubai gold jewellers have assured shoppers that the jewellery they try on at the local outlets is safe, as they are regularly sterilised to protect consumers...
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...
Gold rates today: On MCX, prices hit a new high of ₹48,289 per 10 gram. A woman walks past a poster outside a jewellery shop in Kolkata....
The Dubai Diamond Exchange (DDE) is back in full operational mode, including the issuing of tenders. “While we continue to navigate a global economic slowdown, we...
BENGALURU/MUMBAI: Physical gold dealers in India offered the highest discounts in about two months this week as customers kept away with corona virus cases in the country continuing to mount,...
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...
Mumbai: Demand for gold in India is unlikely to revive before September even as jewelers slowly reopen their stores after the world’s biggest lockdown. Consumption in the...
Gold prices in Indian edged higher today, in tandem with an advance in global markets. On MCX, gold futures rose 0.25% to ₹46,124 per 10 gram, after...
LONDON (Reuters) – Canadian Imperial Bank of Commerce (CIBC) took a mark-to-market trading loss of C$88.2 million ($64 million) in one day in March due mainly...
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...
Gold prices in India were lower today as trading resumed in the evening session on the MCX, which was closed in the morning session due to...
Physical gold demand was tepid in most Asian centres this week with retail buying yet to see any significant recovery even as top hubs India and...
Gold prices in India touched new highs today, crossing the ₹46,700 level per 10 gram in futures market. On MCX, June gold futures rose as much as...
Furthering India’s jewellery legacy! The Gem & Jewellery Export Promotion Council (GJEPC) presented the global trade with two wonderful opportunities to commence the Year’s buying season with...
Uttar Pradesh’s leading Jewellery house Aisshpra Gems & Jewels launches their 8th store in Ballia, Bihar in the esteemed presence of Shri Balkrishna Saraf, founder and the...
The Union Budget 2019 has hiked import duty on gold and other precious metals that are imported to 12.5%, from current level of 10%. The decision...
Silver just completed its worst year in three. Investors are showing no signs of taking a shine to the metal in 2019, either. The commodity has erased...