Passenger Caught with $84,000 of Gold Inside Body

Passenger Caught with $84,000 of Gold Inside Body

A passenger at an airport in India was caught with almost 1kg (2.2lbs) of gold, most of it concealed inside their body. They were intercepted at Bir Tikendrajit International Airport, Imphal, in the northeastern state...
Global Gold Demand Stays Strong, Supporting Record-High Prices: World Gold Council

Global Gold Demand Stays Strong, Supporting Record-High Prices: World Gold Council

The World Gold Council’s Q1 2024 Gold Demand Trends report reveals that total global gold demand (inclusive of OTC purchases) was up 3% year-on-year to 1,238 tonnes, marking the strongest first quarter since 2016....
Plain Gold Jewellery Exports Grew by 61.72% to US$ 6792.24 million in FY 2023-24

Plain Gold Jewellery Exports Grew by 61.72% to US$ 6792.24 million in FY 2023-24

Gross export of total Gold Jewellery (both Plain & Studded) for the FY 2023-24 grew 16.75% Gross export of Coloured Gemstones for the FY 2023-24 increased by 14% to US$ 478.71 million Platinum...
GJEPC Kicks Off IIJS Tritiya Outreach Campaign In Dubai's Gold Souq

GJEPC Kicks Off IIJS Tritiya Outreach Campaign In Dubai’s Gold Souq

The IIJS Tritiya promotion team launched a door-to-door outreach campaign in Dubai's Gold Souq, marking a pivotal step towards strengthening the relationships of Indian jewellery manufacturers in Dubai, one of the world's most dynamic...
Resident Entities Can Now Hedge Gold Price Risk in IFSC's OTC Market

Resident Entities Can Now Hedge Gold Price Risk in IFSC’s OTC Market

Resident entities have been given the green light to hedge the price of gold in the Over the Counter (OTC) segment within the International Financial Services Centre (IFSC). The decision, made by the Reserve...
Gold prices could reach Rs 70,000 per 10 grams in 2024

Gold prices could reach Rs 70,000 per 10 grams in 2024

India’s gold prices are likely to reach a price of Rs 70,000 for 10 grams in the domestic market this year. Industry experts believe that even further price increases are possible due to upcoming...
Nebula by Titan’s Contemporary Bracelets: 18K Gold Timepieces with Artistry of Jewellery

Nebula by Titan’s Contemporary Bracelets: 18K Gold Timepieces with Artistry of Jewellery

Nebula by Titan is a range of luxury watches in solid 18 carat gold and embellished with precious stones. Expressing authenticity and modern expression, each timepiece is a work of art, meticulously crafted in...
Gold hallmarking is now mandatory in 343 Indian districts

Gold hallmarking is now mandatory in 343 Indian districts

The government’s Department of Consumer Affairs under the Ministry of Consumer Affairs, Food, and Public Distribution has extended mandatory gold hallmarking to 343 Indian districts as part of its efforts to ensure gold purity...
Malabar Gold & Diamonds Procures 100% Traceable ‘Randpure’ Gold From Rand Refinery, South Africa; Reaffirms Its Commitment to Ethical Sourcing

Malabar Gold & Diamonds Procures 100% Traceable ‘Randpure’ Gold From Rand Refinery, South Africa;...

Mumbai, 18 December, 2023: Malabar Gold & Diamonds, a leading jewellery retailer, partners with Rand Refinery, one of the world's foremost gold and silver refiners, to source 100% traceable 'RandPure' gold. Malabar Gold &...
World Gold Council Releases New Report On India's Gold Market

World Gold Council Releases New Report On India’s Gold Market

The World Gold Council (WGC) has published a new report titled ‘India Gold Market - Reform and growth’. The report explores the key factors that shape India’s gold demand and supply, as well as...

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De Beers is heading for an amicable divorce from Anglo American, according to the company's CEO Al Cook. He described the proposed sell-off as a...
Signet Q1 Sales Decline 9.4% but Engagement Recovery Continues

Signet Q1 Sales Decline 9.4% but Engagement Recovery Continues

Signet Jewelers reported sales of $1.51 billion for the first quarter of Fiscal 2025, that ended 4th May 2024, marking a 9.4% decline from...
US Watch and Jewelry Sales Keep Rising in April

US Watch and Jewelry Sales Keep Rising in April

Our new, expanded coverage of US watch and jewelry sales presents a more in-depth picture, with data and analysis relating to the specialty jewelry...
Rare Diamond Tie-Necklace Sells for $3.6m

Rare Diamond Tie-Necklace Sells for $3.6m

An extremely rare 1929 diamond and platinum "tie-necklace" by Van Cleef & Arpels sold for three times its high estimate, fetching $3.6m at Sotheby's...
Government Clarifies Re-import Rules for Unsold Jewellery at Exhibitions

Government Clarifies Re-import Rules for Unsold Jewellery at Exhibitions

The Ministry of Commerce & Industry has issued a crucial clarification concerning the re-import of unsold jewellery exported for exhibitions under specific conditions outlined...
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