India’s gross exports of cut and polished diamonds continued to remain below last year’s levels, declining by 5.67% during the month of January 2020, according to provisional data released by The Gem & Jewellery Export Promotion Council (GJEPC). Gold jewellery (plain and studded) exports also dropped by 2.96%. During January 2020, cut and polished diamond […]

The post India’s Polished Diamond Exports Down 6% Y-o-Y in January, Gold Jewellery Exports Drop 3% appeared first on The Jewelry Magazine.

India’s overall exports of gems and jewellery dropped by 7.82% in the first six months of FY2020, with exports of cut and polished diamonds dropping by 18.84% and of gold jewellery (plain and studded) showing a marginal 0.67% decline over the same period, according to provisional data released by The Gem & Jewellery Export Promotion […]

The post India’s Gem and Jewellery Exports Fall by 8% in First Six Months of FY2020 appeared first on The Jewelry Magazine.

India’s overall exports of gems and jewellery dropped by 10.07% in August 2019, reaching US$ 2.34 billion as against US$ 2.60 billion in August 2018, according to provisional data released by The Gem & Jewellery Export Promotion Council (GJEPC). While cut and polished diamond exports declined by 24.86% year-on-year totalling US$ 1.64 billion during the […]

The post India’s Gem and Jewellery Exports Dip 10% in August appeared first on The Jewelry Magazine.

The World Gold Council (WGC), the market development organisation for the gold industry, has launched its Responsible Gold Mining Principles. The organization says these principles address key environmental, social and governance issues for the gold mining sector and act as a framework that sets out clear expectations for consumers, investors and the downstream gold supply […]

The post WGC Launches Responsible Gold Mining Principles appeared first on The Jewelry Magazine.

Gold jewellery exports that have dropped by 6 per cent in the first 8 months of FY18 may take a further knock as UAE, one of the major buyers of Indian jewellery, will impose 5 per cent VAT from January 1, making jewellery costlier for shoppers. “Exports to the UAE have already dwindled after the […]

The post UAE’s VAT May Hurt India’s Gold Jewellery Exports appeared first on The Jewelry Magazine.

The UK’s Border Force has warned consumers to be on the lookout for counterfeit products after it discovered 1,530 Pandora charms at UK ports and airports in recent weeks. Ahead of the approaching festive season, Border Force officers at airports, sea ports, and postal hubs detected and seized phoney imported goods worth millions of pounds. […]

The post Officials intercept £45k haul of Pandora counterfeits headed for UK market appeared first on The Jewelry Magazine.

As gold price has been plummeting in the past few days, customers are awaiting the price of the yellow metal to drop further thereby hitting jewellery business in the Capital. Jewellers have said that the demand for raw gold has come down by almost 10 kg per day in the past few days after customers […]

The post Fluctuating Gold Price Worries Jewellers appeared first on The Jewelry Magazine.