Jewellers are expecting a 20% -30% increase in sales this Diwali as the market sentiment has become positive after the government decided to do away with KYC requirement for cash purchase of gold of Rs 50,000. Ishu Datwani, founder, ANMOL said “We are expecting an increase in demand for both gold and diamond jewellery this […]

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The World Gold Council and the London Metal Exchange (LME), together with Goldman Sachs, ICBC Standard Bank, Morgan Stanley, Natixis, OSTC and Societe Generale, today announce their intention to introduce a suite of exchange-traded and centrally-cleared precious metals products. The initiative has been driven by the need for greater market transparency, to support and aid […]

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Exports of cut and polished diamonds from India showed an upward trend during the first six months (April-September 2016) of Indian fiscal 2017, rising by 10.71% to US$ 11.20 bn, according to the provisional data released by The Gem & Jewellery Export Promotion Council (GJEPC). Exports of gold jewellery (both studded and plain) were up […]

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