Jain has over two decades of rich experience and understanding of the Indian consumer. Current India CEO Somasundaram PR will retain his current role and responsibilities...
Somasundaram PR, Regional CEO of World Gold Council, shared the report on the last quarter of 2023 virtually on January 31 Mumbai: World Gold Council announced...
High prices have caused a softness in demand, but Somasundaram predicts a huge rise in demand as prosperity increases. One of the reasons for this is...
The World Gold Council has said that he will retain his current role and responsibilities until his successor is appointed Somasundaram PR, Regional Chief Executive Officer,...
The proceeds of the event were donated to Relief Projects India which addresses critical issues like female infanticide, foeticide, and challenges that affect women and children...
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...
Gold’s record high rate on the back of growing complexities in the global financial market creates a new opportunity for the Indian jewellery industry. The Retail...
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...
AHMEDABAD: With gold prices touching record highs tracing the international rally in prices, the degree of recycling of gold went up significantly. According to the World...
India witnessed a decline in both gold and silver imports in October, according to the latest by the Commerce ministry. The import of the yellow metal...
The World Gold Council today launched a report titled ‘Jewellery market structure’, as part of a series of in-depth analysis on the Indian gold market. The...
Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) organised the 7th edition of its charity dinner ‘Jewellers for Hope’ in association with World Gold Council...
Chennai: Gold demand in India was up 43% at 170.7 tonne in Q2, 2022 as against 119.6 tonne in Q2, 2021. Demand for gold jewellery was...
Gold smuggling could increase by 33% to touch 160 tonnes in calendar year 2022 as compared to the pre-Covid period due to import duty hike on...
The World Gold Council today launched a report titled ‘Gold refining and recycling’, as part of a series of in-depth analysis on the Indian gold market....
Fingers crossed, as the gem and jewellery industry is showing strong signs of recuperation from pandemic-induced demand damps. This Akshay Tritiya has been promising for jewellers...
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...
While gems and jewellery exporters are overwhelmed by the measures announced by union finance minister Nirmala Sitaraman in Union Budget 2022-23, retail industry experts cite the...
The World Gold Council recently launched a report titled ‘Bullion Trade in India’, as part of a series of in-depth analysis on the Indian gold market. The...
Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) has been spearheading structural policy reforms surrounding the organisation of India’s gold industry at the three previous...
The World Gold Council launched a report titled ‘The drivers of Indian gold demand’, the first in a series of in-depth analysis on the Indian gold...
New Delhi: The Gem & Jewellery Export Promotion Council in association with World Gold Council, organised the IIJS Premiere 2021 roadshow at New Delhi. It witnessed...
India’s gold demand increased by 19.2 per cent to 76.1 tonne during the April-June quarter this year, largely due to low base effect, owing to the...
The World Gold Council unveiled a multi-media campaign in partnership with Gem & Jewellery Export Promotion Council (GJEPC) to increase awareness, relevance and adoption of gold...
The World Gold Council and Gem and Jewellery Export Promotion Council (GJEPC) have signed an agreement to promote gold jewellery in India in 2021. Under the...
By Suneeta Kaul The gems and jewellery industry has welcomed Union Finance Minister Nirmala Sitharaman’s Budget 2021-2022 announcement to cut import duty on gold and silver...
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 —...
Celebrating the humane side of the Indian G&J Industry, Gems & Jewellery Export Promotion Council (GJEPC) in association with the World Gold Council felicitated the real...
People are getting used to Rs 50,000 plus range for gold. It would not take long before people just come out to buy as fears of...
In view of the coronavirus pandemic, the government on Monday announced the extension of a deadline for mandatory hallmarking of gold jewellery and artefacts by over...
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...
14% will never consider buying; jewellers need to meet the fashion expectations of women, says World Gold Council survey. Shattering popular belief of women’s affiliation to...
GJEPC (The Gem & Jewellery Export Promotion Council), the apex body of gems and jewellery industry in the country held a webinar on May 06, 2020...
India’s gold demand crashed 36% year-on-year in the March quarter, far underperforming a 1% rise globally, as the Covid-19 outbreak and sharp rise in prices deterred...
With Akshaya Tritiya just around the corner, jewellers are trying to lure customers through various innovative offers to keep the business tide through difficult times amid...
As economies around the globe slip into recession, gold is taking centre stage. Somasundaram PR, managing director, India, World Gold Council, tells us how investors should...
NEW DELHI: Gold may be losing its shine. Retail sales are slowing as there seem to be virtually no buyers for the yellow metal. While the...
The Budget has increased the import duty on gold coins to 12.5 per cent from 10 per cent, making it on a par with that of...
The Union Budget’s proposal for an international bullion exchange at the financial hub in Gujarat’s GIFT City has made businesses hope that the rules will be relaxed to...
NEW DELHI: The last few months saw a structural change in the gold market with investors taking refuge in time-tested havens such as the gold-backed exchange-traded...
Notwithstanding the punitive government policies and lack of adequate bank credit, the gem and jewellery industry seems to be facing the heat with overseas buyers cancelling...
NEW DELHI: A steep duty hike on gold imposed in the budget could make jewellery expensive in the domestic market while encouraging smuggling, fear industry leaders....
New Delhi: The decision to raise import duty on gold in the Union Budget was taken after careful consideration, including its likely impact on smuggling of 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...
Bankers not averse to financing G&J businesses: Union Bank Chairman Manthan should become year-long platform: World Gold Council MD Mumbai, 02 July 2019: Customer first! Values!...
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...
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