Discounts widen in India, jewellers hold off on fresh purchases Activity quiet in China, premiums narrow to $5-$6.50/oz Singapore premiums ease slightly to $0.50-$0.60/oz Demand for physical gold was lacklustre in major Asian hubs this week as high prices dented bullion’s appeal going into the holiday season, with buying interest in second biggest consumer India […]

The post Asia Gold-High prices leave demand in the doldrums ahead of holidays appeared first on The Jewelry Magazine.

China’s jewellery market is seen to improve exponentially over the years through brand-building, consumer transparency and creating more engaging “buying occasions,” according to the World Gold Council (WGC). In its Gold Investor report for October 2018, the council cited “significant potential to drive further growth, leveraging China’s continued economic expansion and increasing disposable income.” The […]

The post WGC says China’s jewellery market poised for growth appeared first on The Jewelry Magazine.