Silver has witnessed a 30 per cent increase in investment demand this Navratri-Dussehra in comparison with last year. Price of silver, which has remained stagnant for more than two years, started moving upward in tandem with gold since July, drawing a wider set of investors from rural India. Silver is trading around ?45,500 a kilogram, […]

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The government has again permitted gold and silver jewelry exporters to replenish the precious metal duty-free after selling it at international exhibitions, a move which would help in promoting the growth of the sector. This facility of duty-free replenishment of precious metals was stopped after the implementation of the goods and services tax (GST). The […]

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Exports of cut and polished diamonds from India dropped by 3.51% year-on-year during the month of February 2019, while gold jewellery (plain and studded) exports rose by a marginal 1.06% y-o-y during the same month, according to provisional data released by The Gem & Jewellery Export Promotion Council (GJEPC). Exports of cut and polished diamonds […]

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India’s exports of gems and jewellery in the April-November 2018 period (the first eight months of the fiscal year) stood at $20.73 billion while total sector imports for the period were $17.71 billion. This is a 6.77 percent fall over the $22.24 billion in exports recorded during the same period in 2017 against total sector […]

The post India Apr-Nov G&J Exports Fall 6.8% To $20.7B; Net Exports Up At $3B appeared first on The Jewelry Magazine.