Sif Jakobs Jewellery opens 14 new accounts at IJL
Award-winning Danish jewellery brand Sif Jakobs Jewellery enjoyed a hugely successful IJL show earlier this week, securing 14 new accounts over the course of the three-day event.
These new accounts take the brand’s total number...
Gold Price Near 12 Month High on Renewed Political Tensions, Economic Uncertainity
Global gold prices soared to near US$ 1340 per ounce during trading on Monday, Sept 4, a little below the US$ 1349 per ounce recorded in early September 2016 as political tensions intensified following...
De Beers Ups Diamond Marketing Investment to $140M This Year
London--De Beers announced it is upping its diamond marketing spend to $140 million this year, with a focus on the United States, China and India.
The De Beers Group said it is the largest investment...
Andrew Geoghegan reveals new pricing strategy at IJL
Multi-award-winning brand Andrew Geoghegan has launched an evolution in its pricing strategy, and striking new collections at International Jewellery London.
The new pricing strategy comes after a detailed retailer and consumer surveys, alongside industry research.
“As...
Tiffany reports stronger first-half performance
Tiffany & Co said its global net sales for the first half of 2017 reached US$1.9 billion, up 2 percent from the prior year on the back of stronger diamond sales as well as...
DGFT Issues Notification to Restrict Imports of Gold & Silver Items From South Korea
The Government of India, through a notification issued on August 25, 2017 by the Director General of Foreign Trade (DGFT), has imposed restrictions on the imports of jewellery; parts intended for jewellery; precious metal...
Bearish operators remain speculative over gold futures
As gold prices hover around $1300 per ounce and Rs 29,000 per 10 gram in India, bearish operators are tightening their grip by raising speculative short bids in gold futures. Gold has faced resistance...
Import of Gold to Attract 3% GST Says CBEC in FAQs for G&J Sector
Imports of gold and other precious metals will attract 3% IGST, payable by the importing bank /nominated agency, the Central Board of Excise & Customs (CBEC) has clarified in its latest set of FAQs...
DPA Study Reveals Millennial Women’s Preference for Authentic and Unique Luxury Goods
Millennial women in the US have a distinct preference for luxury goods that are authentic, unique and not mass-produced, reveals a study conducted by the Diamond Producers Association (DPA), with 94% of the highest...
Proposed Comprehensive Gold Policy in Focus at India International Gold Convention
The 14th edition of the India International Gold Convention 2017 (IIGC), which was held in Goa from August 11-13, 2017, discussed the proposed comprehensive gold policy that is under consideration by the government, among...
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