Surat Diamond Cutters Transition into Gold Jewelry Amid Market Shifts
Facing declining demand for polished diamonds, diamond cutting businesses in Surat are pivoting towards gold jewelry manufacturing, tapping into rising consumer interest both domestically and internationally.
Vipul Shah, Chairman of the Gem & Jewellery Export...
Tiffany & Co. Acquires Titanic Hero’s Pocket Watch for Record $1.97 Million
Tiffany & Co. has added a piece of history to its collection with the acquisition of a rare 18k gold pocket watch tied to the Titanic tragedy. The timepiece, which sold for a record-breaking...
Gold Set for Record Performance in 2024, Outlook Modest for 2025: WGC
The World Gold Council’s (WGC’s) latest report, Gold Outlook 2025, forecasts a nuanced year for gold, following its best annual performance in over a decade in 2024. Surging 28% year-to-date, gold achieved 40 new...
Surge in Gold Prices Hits Luk Fook Revenue
Luk Fook reported a 27 per cent slump in its half-year revenue and the closure of 175 of its 3,500-plus retail jewelry stores amid a surge in gold prices and weak consumer demand.
Earnings for...
Muthoot Exim’s 30th Gold Point Centre in Barasat is set to transform West Bengal’s...
Barasat, 23rd October 2024: Muthoot Exim (P) Ltd., the precious metal arm of 137-year-old business conglomerate Muthoot Pappachan Group (also known as Muthoot Blue), proudly announces the grand opening of its newest Gold Point...
Hallmarking of Gold Bullion to Become Mandatory in India: TOI Report
According to a report in the Times of India (TOI), India will implement a mandatory hallmarking regulation for all gold bullion, including imports, starting next year. This step aims to ensure the purity of...
Baked in Gold – The Budget Jewelry Collection
Greggs, the budget British baker with almost 2,500 stores, has launched a budget range of 22K gold jewelry items featuring sausage rolls and other menu favorites.
Its Baked in Gold collection starts at £36 ($47)...
Indian Traders Hit by Switch from Diamonds to Gold
Seventy Indian diamond traders are reported to have closed their Hong Kong offices in the last six months, as Chinese customers shun diamonds in favor of gold jewelry as an investment.
A slump in sales...
India’s Q2 Gold Jewellery Demand Declines Amid High Prices
India has witnessed a notable decrease in gold jewellery demand in the second quarter of 2024, according to the World Gold Council (WGC). India’s Q2 gold jewellery demand fell by 17% to 106.5 tonnes,...
World Gold Council Study: US Elections Drive Gold Demand and Price Fluctuations
The World Gold Council’s latest report, titled “Ballots to Bullion: Examining the US Election’s Effect on Gold,” delves into the relationship between US presidential elections and gold prices. Historically, gold has often been viewed...
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