MUMBAI/BENGALURU – Gold demand jumped this week in India due to increased retail purchases for a key festival and weddings on price corrections, while premiums in China eased as buying slowed in the world’s top consumer. Gold futures in India fell to 31,240 rupees per 10 grams last week, the lowest in more than four […]

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P Mangatram Jewellers Pvt. Ltd.’, the purveyors of studded jewellery has unveiled three new collections at IIJS Signature 2019. These include Shahi, Deccani and Nysa. The gemstone studded jewellery market in India has grown exponentially over the years. The industry has seen continuous year on year growth despite volatile gold prices. These precious stone- studded […]

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India’s leading fine jewellery brand, Reliance Jewels, celebrates womanhood with #EverydayIsAuspicious. Appreciating the efforts and accomplishments made by women towards building the perfect environment for her loved ones, the brand believes any time is auspicious to gift the woman of one’s life the preciousness of gold and diamonds for her immense contribution to one’s life. […]

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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 […]

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The government is planning to make hallmarking along with carat count mandatory for the gold jewellery sold in the country, Food and Consumers Affairs Minister Ram Vilas Paswan said on Friday. “At present people don’t get to know quality of gold jewellery that they buy. We are planning to make hallmark for gold jewellery mandatory. […]

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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 country’s gold imports recorded a three-fold jump to USD 15.24 billion during the April-August period of the current fiscal, commerce ministry data showed. Gold imports, which has a bearing on the country’s current account deficit (CAD), stood at USD 5.08 billion in April-August 2016-17. In August this year, imports of the precious metal rose […]

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