Gold imports recover to pre-Covid levels owing to strong demand

  • - 20 October 2021 3:19 PM

The average import of gold in value terms during April-September 2021 was US$3992.34 million, an increase of around 40% versus FY 2017 to FY 2019

 

WGC releases report titled ‘The drivers of Indian gold demand’

  • - 20 October 2021 10:23 AM

Using an econometric model, the report draws on three decades of annual data, dating from 1990 to 2020, to gauge some of the principal influences driving gold demand in India

 

Malabar Gold & Diamonds opens new showroom in Ahmednagar

  • - 19 October 2021 2:12 PM

Spread across 2500 sq. ft. area, the plush showroom has a wide range of Maharashtrian geru base jewellery and Maharashtrian mangalsutras, along with other designs

H1 Gem & Jewellery exports up 11% to Rs.140412.94 cr versus 2019

  • - 18 October 2021 11:51 AM

The G&J sector achieves 46% of USD 41.66 billion exports target set by the government; studded gold jewellery exports go up by 60.04% to Rs. 17761.38 crore

Melorra gets $24 million funding from 9Unicorns, others

  • - 14 October 2021 1:51 PM

Founded in 2016, Melorra delivers hallmarked gold jewellery to 718 Indian districts

Celebrate Diwali in style with PNG Jewellers’ ‘Anokhee Diwali’ campaign

  • - 11 October 2021 4:00 PM

The campaign aims to persuade customers to pair gold and diamond jewellery for their festive looks

Kiara Advani roped in as brand ambassador for Senco Gold & Diamonds

  • - 07 October 2021 1:20 PM

The actor has been signed on for their brand new campaign 'Now is the Time'

Central Bank gold reserves reduce sovereign credit risk: India Gold Policy Centre

  • - 06 October 2021 1:38 PM

While macro-economic policies can reduce sovereign risk, gold holdings of a country’s Central Bank have a strong impact during periods of turmoil

BSE to introduce Electronic Gold Receipts

  • - 05 October 2021 4:02 PM

The exchange will take the required internal approvals and apply to market regulator SEBI for the launch of the new class of security on its platform

Tanishq launches festive collection 'Utsaah'

  • - 01 October 2021 1:51 PM

The collection reimagines the rich Indian heritage into distinctive modern jewels, featuring exquisitely detailed designs in plain and ornate gold

New WGC report highlights gold’s role in decarbonising investment portfolios

  • - 28 September 2021 3:55 PM

The report provides investors and stakeholders with an understanding of the implications of the transition to net zero carbon for gold in the context of a global multi-asset portfolio

PNG Jewellers launches Season 4 of the ‘Pure Price Offer’

  • - 24 September 2021 3:50 PM

The ‘Pure Price Offer’, which can be availed from Sept 20 to Oct 6, will provide price protection to customers buying gold jewellery and bullion

28% urban Indians planning to spend on gold this Diwali: Survey

  • - 23 September 2021 11:54 AM

The gems and jewellery industry had shown signs of recovery in January-March this year, but the second wave of the pandemic put a halt to it

Central Govt rejects gold mining lease

  • - 21 September 2021 12:25 PM

The much-awaited mining lease (ML) for ‘Ganajur Gold Mining’ has been rejected by the Union government

Malabar Gold & Diamonds creates 2500 new jobs

  • - 18 September 2021 12:48 PM

Malabar Gold & Diamonds looks to invest Rs.750 crore in Telangana to set up manufacturing facilities and a refinery. The project will add upto 2500 jobs

Today gold price in India is lowest in five months

  • - 18 September 2021 12:40 PM

The price of 22-carat gold on Saturday, September 18 slid to Rs 45,390

Reliance Jewels launches Bella Collection

  • - 14 September 2021 1:01 PM

The new designs include single and layered lariats and stacked ring sets in both yellow gold and rose gold

World Gold Council Members commit to TCFD Reporting

  • - 13 September 2021 3:44 PM

The World Gold Council on Sep 13 announced that its members, 33 of the world’s most forward-thinking gold miners, have committed to reporting their positions and progress on climate-related risks

Kalyan Jewellers launches Digital Gold

  • - 10 September 2021 1:12 PM

Kalyan Jewellers Digital Gold, powered by Augmont, provides a safe, easy and reliable method of buying 24-carat pure gold, digitally

Senco Gold & Diamonds forays into Phygital Gold business

  • - 07 September 2021 12:42 PM

Senco launches its DG Gold transaction platform

Pent-up demand pushes up import of gold

  • - 04 September 2021 5:35 PM

Jewellers attribute the surge to increasing number of purchases being made for wedding and festive jewellery collection

Tanishq offers digital gold to shoppers

  • - 01 September 2021 5:48 PM

Digital gold is a tool which allows consumers to invest in the yellow metal in its digital form

Physical gold demand in India subdued this week

  • - 30 August 2021 2:35 PM

Dealers were charging a premium of up to $2 an ounce over official domestic prices, inclusive of 10.75% import and 3% sales levies, compared to last week's $3 premiums

IIJS Premiere 2021 To Help Achieve Gem & Jewellery Export Target Of USD 42 Billion In FY 2022

  • - 24 August 2021 10:19 AM

  • ·        IIJS Premiere 2021 Roadshow held in Delhi
  • ·        IIJS Premiere 2021 to further boost the gem and jewellery exports. Trade show to be organised in Bangalore International Exhibition Centre from 15th–19th September, 2021
  • ·        World Gold Council (WGC) launches The Retail Gold Investment Principles (RGIPs) 

Gem & Jewellery Exports Continues on An Upward Trajectory, Records A Growth of 27% to Rs. 24881.52 Cr in July compared to the pre-pandemic year, 2019

  • - 16 August 2021 6:05 PM

  • ·       Studded Gold Jewellery Exports record a growth of 70.69%
  • ·       Cut and Polished diamond exports register a growth of 60.98%

Dual celebratory collection: Rakhi and Independence Day by Senco Gold & Diamonds

  • - 11 August 2021 5:57 PM

Celebrate Raksha Bandhan with specially designed Gold and Silver Rakhis from Senco Gold & Diamonds 
Also launches Freedom offer to celebrate 74 years of Indian Independence

Kalyan Jewellers offers new collection for Teej

  • - 10 August 2021 3:56 PM

On Hariyali Teej womenfolk flaunt exquisite gold jewellery to mark the auspicious occasion

This Bengaluru-based jewellery manufacturer blazes a new trail with Electroforming

  • - 04 August 2021 5:26 PM

Mehta Gold is experimenting with newer designs and motifs using the electroforming technology for its upcoming collection, which will be unveiled at the prestigious Couture India event being held in Delhi between August 28 and August 30, says Sandeep Mehta in a conversation with Sughandha R

VBJ jewellery to adorn temple deities from across the world

  • - 03 August 2021 3:52 PM

In India jewellery is an integral part of tradition and culture—so much that even deities in temples are decorated with pure gold, silver and/or diamond jewellery

India’s Q2 Gold Jewellery Demand Muted By Second Covid Wave: WGC

  • - 02 August 2021 1:28 PM

Demand for gold in India yet to pick up in Q2 of 2021

SEBI member says gold imports should be routed through exchange ecosystem

  • - 31 July 2021 1:43 PM

Such a step would ensure that gold monetisation takes place right at the source as the metal enters the country

India’s gold imports rise sharply to $ 7.9 bn in April-June quarter

  • - 27 July 2021 5:17 PM

Import of gold has gone up significantly in the April-June quarter, Commerce Ministry data reveals

‘You are gold’ campaign launched to lure youth towards gold jewellery

  • - 22 July 2021 3:45 PM

The World Gold Council unveiled a multi-media campaign in partnership with Gem & Jewellery Export Promotion Council (GJEPC) to increase awareness, relevance and adoption of gold jewellery amongst young Indian consumers. The integrated campaign that will be rolled out in two phases through 2021, aims to attract millennials and gen-Z by building a meaningful context of role of gold jewellery in their contemporary expressions

Gems & Jewellery Exports Record A Staggering 8.46% Growth In Q1

  • - 14 July 2021 2:10 PM

  • Studded Gold Jewellery Exports record a growth of 69.87%
  • Cut and Polished diamond exports register a growth of 26.45%

World Gold Council and GJEPC Enter into Strategic Partnership for Generic Gold Jewellery Marketing in India

  • - 12 July 2021 11:17 AM

The World Gold Council and Gems and Jewellery Export Promotion Council (GJEPC) have signed an agreement to promote gold jewellery in India in 2021

Malabar Gold and Diamonds to hire 5000 people

  • - 08 July 2021 4:55 PM

The Gold Jewellery giant is all set to hire 5000 people in order to boost its retail presence across the country in the current financial year

Kalyan Jewellers Reopens Showrooms With Big Discount Mela

  • - 08 July 2021 4:23 PM

Gift vouchers worth ₹100 crore, Discounts & Gold Rate Protection on offer

Tanishq May Introduce Affordable Fine Jewellery

  • - 06 July 2021 12:24 PM

Tanishq to introduce jewellery made of materials that will give the feel of gold to the customers but will be more affordable

Akshaya Tritiya 2021 a Notch Better than Last Year-Akshaya Tritiya 2021

  • - 30 June 2021 5:12 PM

This Akshay Tritiya brought in a ray of hope for many jewellery retailers across India and many noted that demand was better than last year. People were buying gold and that helped dispel the dark clouds cast by this pandemic

Proposed Retaliatory Tariffs By The US May Affect Jewellery Sector

  • - 26 June 2021 12:05 PM

According to Colin Shah, Chairman GJEPC with global demand rising, exports to the US, Hong Kong and the UAE have displayed gradual growth. In India, key sectors like gold and diamond will show significant rise as the pandemic comes under control

Jewellers Can Now Repay Part Of Gold Loan In Physical Gold

  • - 25 June 2021 10:43 AM

The RBI on June 23 has asked banks to provide an option to jewellery exporters and domestic manufacturers of gold jewellery to repay a part of Gold (Metal) Loans (GML) in physical gold
 

Senco Gold & Diamonds Signs Acclaimed Indian Sprinter Dutee Chand As The New Face Of The Brand

  • - 17 June 2021 1:07 PM

Unveils ‘Love Collection’, a new range of Everlite jewellery to celebrate the pride month Kolkata

Digital Gold Versus Sovereign Gold Bonds: Impact

  • - 08 June 2021 6:48 PM

Sovereign gold bonds (SGB) are atrtacting investors, especially with increasing gold prices, this article strives to present a comparitive analysis between digital gold and SGB

Inflationary Environment Foretells Increase in Gold Demand

  • - 07 June 2021 4:19 PM

Building on the positive trend in April, precious metals closed on a healthy note in May

Jewellers: HUID and Hallmarking Every Piece of Jewellery is Difficult

  • - 29 May 2021 7:27 PM

The Government of India is making hallmarking (certification of purity) of gold jewellery mandatory from 15 June 2021. Among the many difficulties that jewellery business owners are facing in hallmarking their products major ones include: HUID and its impracticalities, dearth of assaying and hallmarking centres in India and heritage jewellery issues when it comes to hallmarking

Mandatory Gold Jewellery Hallmarking To Implementation Postponed To June 15

  • - 25 May 2021 9:15 AM

Speaking at a webinar organised by the Bureau of Indian Standards, Department of Consumer Affairs, Government of India, to discuss gold hallmarking, the Union Minister said that constructive suggestions will be incorporated and teething issues in implementation would be resolved by the committee

Akshay Tritiya 2021 - This Might Be Industry's First Cashless Festival

  • - 14 May 2021 6:47 PM

‘Akshay Tritiya’ has brought in a ray of hope for many jewellery retailers across India and many are saying that demand is better on this day than before. People are buying gold and allowing the good luck to ward of the gloom cast by the pandemic

Kalyan Jewellers Extends Gold Ownership Certificate Initiative

  • - 08 May 2021 11:18 AM

Kalyan Jewellers has announced the extension of the Gold Ownership Certificate initiative

Gujarat: Gold imports down 51% in April

  • - 05 May 2021 5:15 PM

Decline in import demand for gold creates a stir among jewellers

Present Form Of Mandatory Hallmarking Doesn’t Give Customers Freedom Of Right To Choose; Restricts Jewellery Trade: GJC

  • - 05 May 2021 5:10 PM

BIS allows only gold articles of 14k, 18k and 22k for mandatory hallmarking; excludes other popular karatages(Purities) used in India and abroad

Gold Prices In India Discounted For First Time This Year

  • - 03 May 2021 4:46 PM

Physical gold prices in India moved to a discount over official domestic rates

Weddings, Lower Prices Drive Up India’s Q1 Gold Jewellery Demand: WGC

  • - 30 April 2021 1:05 PM

According to World Gold Council’s (WGC’s) latest Gold Demand Trends report, India’s Q1 demand for gold grew 37% to 140 tonnes compared to Q1 2020 (102 tonnes) buoyed by factors such as lower gold prices

Strengthening Consumer Demand Mitigates Impact Of Gold-Backed ETF Outflows

  • - 29 April 2021 12:08 PM

Gold investment demand fell in Q1, while value of gold jewellery purchased by consumers enjoyed a post-Covid rebound, rising to 477.4t - a 52% annual increase

How Do Retailers Face Mandatory Hallmarking

  • - 22 April 2021 5:35 PM

"From June 1, 2021, it is compulsory for all jewellers selling gold jewellery and artefacts to register with BIS and sell only hallmarked gold jewellery and artefacts in three grades of 14, l8 and 22 carat gold," Bureau of Indian Standards (BIS) stated in a notification to jewellers. What are the latest provisions and their repercussions

PNG Jewellers launches Season 3 of the Pure Price Offer to protect customers against uncertainty in Gold rates

  • - 22 April 2021 4:05 PM

PNG Jewellers has launched the 3rd season of the “Pure Price Offer” to bring back the joy of certainty in these uncertain times

Unusual Gold Imports In India In March 2021

  • - 22 April 2021 1:44 PM

In March 2021, multiple factors contributed to the rise in imports of gold to 160 tonnes
 

Reliance Jewels Celebrates Festivties With Gold Traditional Jewellery

  • - 15 April 2021 11:17 AM

Reliance Jewels celebrates Ugadi, Baisakhi, Bihu,Poila Boisakh, GudiPadwa and all the new year festivities with its gold traditional jewellery line

Lockdown Has Robbed The Shine Off Gudipadva

  • - 13 April 2021 5:36 PM

Gudi Padva was an auspicious occasion for buying gold. Retailers express their views about how the second Covid19 wave was a dampener

India’s March Gold Imports At Record High On Soaring DTA Demand; Exporters Face Gold Shortage

  • - 09 April 2021 4:27 PM

The substantial increase in India’s gold imports in March 2021 may be attributed to the thriving domestic jewellery sector

Indian Gold Coin Scheme Amended; Buy 1, 2 Gram Coins At Airports, Post Office, Jewellery Shops And Online Soon

  • - 01 April 2021 10:51 AM

The Central Government recently approved several amendments to the Indian Gold Coin Scheme

India’s Millennials Embrace Digital Gold Despite Proposed Bitcoin Ban

  • - 01 April 2021 10:45 AM

Digital gold has become a popular means of investment in India

Malabar Gold & Diamonds Opens First Store in Bhubaneswar

  • - 17 March 2021 10:32 AM

The new store launch is a part of the Malabar Gold & Diamonds' global expansion plans and its vision to strengthen the retail presence in eastern India
 

Industry Revels in New Budget Announcements-Union Budget 2021

  • - 13 March 2021 4:01 PM

Customs duty on gold and silver decreased to 7.5 per cent from 12.5 per cent with an addition of 2.5 per cent AIDC (Agri Infra & Development Cess) – in effect reduced to 10 per cent -- applauded unanimously by the whole G & J industry

Senco Gold and Diamonds’ Tribute To Women On International Women’s Day

  • - 06 March 2021 12:15 PM

Releases “Inspirators”, a motivational series of 8 videos with tales of successful women. Rolls out a new TVC - ‘Haan Hum Churiyan Pehente Hain’, negates the idea that bangles denotes weakness

Zoya Celebrates A Legacy Of Designing And Crafting Timeless Masterpieces For Over A Decade

  • - 24 February 2021 11:35 AM

Zoya, the exquisite diamond boutique from the House of Tata, celebrates a decade of illustrious artistry with rare masterpieces in diamond, gold and precious stones

Exemption of AIDC on Gold/Silver Bars and Dore to Boost Jewellery Exports: GJEPC

  • - 19 February 2021 2:01 PM

The Finance Ministry has issued a notification dated 17th February 2021, of the amendments made to the finance bill 2021 with regards to the Agriculture Infrastructure and Development Cess (AIDC) exemption on gold/Silver bars and dore for exporters

Titan’s Q3 Jewellery Sales Surge 16% to Rs.5,409 Crore

  • - 17 February 2021 7:04 PM

Titan’s Q3 jewellery sales grew by 16% (excluding gold bullion sales of Rs.340 crore) to Rs.6,249 crore

New Gold Deposit Scheme: What it Means for Jewellers & Customers?

  • - 11 February 2021 12:21 PM

Under the revamped Gold Monetising Scheme (GMS) which was first introduced in 2015, consumers can deposit as little as 10 g (from previous minimum of 30g). This will aid in lowering the industry’s dependence on imported gold and will foster a better relationship between jewellers and customers

Celebrate this Valentine’s Day with Senco Gold & Diamonds’ Love 2021

  • - 10 February 2021 1:54 PM

Senco Gold & Diamonds has announced an exciting Valentine’s Day offer – ‘Love 2021’

Reduction In Customs Duty On Gold And Silver Brings Huge Relief to G & J Industry

  • - 01 February 2021 7:25 PM

Customs duty on gold and silver decreased to 7.5% from 12.5% with an addition of 2.5% AIDC (Agri Infra & Development Cess) – in effect reduced to 10% -- applauded unanimously by the whole G & J industry

'Follow CPCB’s Guidelines On Gold Assaying Hallmarking Centres To Check Pollution’

  • - 27 January 2021 5:13 PM

Maharashtra has the highest 120 numbers of recognised gold assaying and hallmarking facilities in the country 

What Jewellers Across India Expect From Union Budget 2021? Reduce Import Duty On Gold, Simplify Import Process, Nurture MSME Gold And Jewellery Traders

  • - 26 January 2021 5:35 PM

India’s economic slowdown which began before the lockdown of 2020, eventually brought the whole economy on its knees. Therefore this budget will have to be truly ground breaking in order to resurrect the Indian economy. Here’s what industry personnel expect of the Union Budget of 2021
 

Demand for Gold Jewellery Up By 10-20 per cent

  • - 20 January 2021 5:11 PM

India’s jewellery demand has increased by 10-20% this month

Senco Gold & Diamonds Expands Its Retail Footprint in Uttar Pradesh

  • - 19 January 2021 5:58 PM

Launches an exclusive D’SIGNIA showroom in Prayagraj

Economic Recovery Likely To Boost Gold Demand In India This Year: WGC

  • - 16 January 2021 2:08 PM

The report, titled 'Gold Outlook 2021- Economic recovery and low interest rates set the tone', also said although global economic growth is likely to remain anaemic relative to its full potential for some time, gold's more stable price performance since mid-August may foster buying opportunities for consumers

IIFL Finance Launches Gold Loan Mela In West Bengal, With Assured Gifts

  • - 16 January 2021 2:04 PM

IIFL Finance, one of India's largest non-banking finance companies, has launched 'Gold Loan Mela' in West Bengal

GJC seeks reduction of import duty on gold to 4%

  • - 16 January 2021 2:00 PM

The gem and jewellery industry has sought reduction in customs duty on gold to four per cent, withdrawal of tax collected at source (TCS), cut in import duty on polished precious and semi-precious gemstones, in the upcoming Union Budget 2021-22

MMTC-PAMP Appoints Narendra Motwani To Lead Digital, E- Commerce & Marketing Operations

  • - 14 January 2021 11:01 AM

MMTC-PAMP, India’s first and only London Bullion Market Association (LBMA) Good Delivery refinery accredited for Gold and Silver has announced the appointment of Narendra Motwani as VP – Digital, which encompasses the critical portfolios of Digital Gold, eCommerce and Web presence

IIJS Virtual 2.0 To Put The G&J Industry Back On The Fast Track

  • - 09 January 2021 5:39 PM

250+ exhibitors and 8000+ registered buyers visiting the show. More than 15,000 meetings booked

Dedicated 5 Halls each for Traditional Gold Jewellery; Gold Jewellery (Mass); Diamond/Colour Gemstone Jewellery; Couture/Bridal Jewellery; Loose colour Gemstone/Silver jewellery / Machinery & Allied

The Big Business of Small Cities

  • - 06 January 2021 2:38 PM

Unlike metros, the relationship that people in smaller cities have with jewellery is indestructible. The sanctimoniousness of buying jewellery for special occasions is still prevalent and gold is seen as a solid investment. No chain store can replace the personal, one-on-one attention that these family jewellers have been giving their customers for generations, let alone their sound policies built on honesty and trust. Make no mistake, though they are located in smaller cities, their vision is as big as any corporate behemoth in a swanky metro. Vijetha Rangabashyam talks to 10 family jewellers from smaller cities across India to find out what has made them the best amidst their customers, even through this debilitating pandemic

Senco Gold & Diamonds' The Great Indian Wedding Carnival Offer

  • - 22 December 2020 6:19 PM

Senco Gold & Diamonds, one of the largest jewellery retail chains of Eastern India, is running an exciting offer – ‘The Great Indian Wedding Carnival Offer’, to help customers choose from the wide range for exquisitely designed jewelleries for their best moments of life like – wedding and anniversary this winter

UAE's Gold And Jewellery Industry Is Set For Its Biggest Makeover

  • - 19 December 2020 5:20 PM

The UAE's gold and jewellery industry is all set to see its biggest reforms ever

Dir EDI Inaugurates Kashmir’s First BIS Recognised Hallmarking Centre For Gold Jewellery

  • - 08 December 2020 12:47 PM

G M Dar, Director, Jammu and Kashmir Entrepreneurship Development Institute (JKEDI) inaugurated Valley’s first Gold Jewellery Assaying and Hallmarking centre at Srinagar on Dec 7

Platinum Resurgent As Chinese Consumers Choose It Over Expensive Gold Jewellery

  • - 08 December 2020 12:39 PM

The surge in the price of platinum – which posted its biggest monthly gain in November since 2008 – has been put down to renewed appetite among consumers who prefer the metal to its more expensive rival, gold

Gem And Jewellery Exports Industry An Example Of Aatmanirbhar Bharat And Vocal For Local

  • - 07 December 2020 8:08 PM

The Gem and Jewellery Export Promotion Council (GJEPC) proposes several measures like reduction in cut and polished diamonds to 2.5%, reduction in import duty of gold and other precious metals to 4%, Technology Upgradation Fund (TUF) Scheme for G&J industry; need for additional Common Facility Centres (CFCs) and many more to strengthen the gems and jewellery export sector

PGI: Indian Q3 Platinum Jewellery Sales Shrink 40%, But Chain Stores Recover Faster to 75-100% of 2019 Levels

  • - 05 December 2020 1:52 PM

Indian platinum jewellery sales had improved in Q3 -- PGI maintains that platinum is well positioned given the current high gold price

How Jadau Manufacturers Are Meeting Demand Amidst Reduced Staff & Increasing Covid19 Cases In Jaipur

  • - 04 December 2020 10:12 AM

Jadau jewellery is not easy to manufacture – from specialist karigars to expensive uncut diamonds and top of the line precious stones and comparatively large amount of gold – it needs all of it apart from time and expertise; streamlining all these factors of production during the pandemic is no mean feat. Manufacturers share their experience

UAE A Gold Mine Of Opportunity

  • - 27 November 2020 1:54 PM

Ideal ecosystem and innovation make it a ‘perfect bedrock' for global trade of precious metal

Muthoot Finance, Bajaj Allianz In Tie-Up For Gold Jewellery Insurance

  • - 26 November 2020 2:19 PM

Muthoot Finance has tied up with Bajaj Allianz General Insurance to provide insurance on gold jewellery as part of their new initiative
 

India's Gold Market Still In The Green With High Demand

  • - 23 November 2020 7:26 PM

Festive demand still on in Indian markets, jewellery retailers happy

‘Jewelry Is the New Embroidery’

  • - 18 November 2020 1:06 PM

Givenchy, Schiaparelli and more. They’re all working gems and gold right into their garments

Paytm: Digital Gold Transactions Have Doubled In Past Six Months

  • - 18 November 2020 12:56 PM

Paytm has witnessed a significant increase in digital gold transactions on its platform in the last six months, the company announced last week

India's Gold Imports Drop 47 % During April-October

  • - 18 November 2020 12:51 PM

Gold imports, which have a bearing on the current account deficit, declined 47.42% to $ 9.28 billion during April-October

Discounts on making charges, exclusive exhibitions and more, here's how jewellers are attracting customers this Diwali

  • - 11 November 2020 2:13 PM

The festival of wealth and wellbeing is at hand. Indian Jeweller talks to retailers across India to find out how they have prepared themselves to face increasing demand and how they plan to cash in on this golden opportunity

WGC: Covid-19 Boosts Demand For Gold Loans In India

  • - 10 November 2020 10:05 PM

Households and small businesses in India have preferred to pledge gold as collateral to meet financing needs rather than selling it outright during the Covid pandemic, the World Gold Council (WGC) said in a market update titled ‘Gold loans help India weather the Covid-19 storm’

Festival Times Call for Festive Collection

  • - 04 November 2020 2:17 PM

Kalyan Jewellers offers ruby, emerald and pearl beads coming together with gold, diamond and other precious stones in their latest collection 

Malabar Gold & Diamonds To Invest INR 240 Crores; Continues To Expand Its Retail Network Across India And Globally

  • - 31 October 2020 10:22 AM

  • The Gems and Jewellery sector pioneer to open nine new retail outlets
  • Adds 23,000 sqft of retail space for customers this festive season

Reliance Jewels Unveils The New Utkala Collection For This Festive Season

  • - 22 October 2020 4:23 PM

An exquisite range of gold and diamond jewellery inspired by the unique artistic and cultural traditions of Odisha

Malabar Gold & Diamonds introduces One India One Gold Rate

  • - 21 October 2020 6:23 PM

The brand focuses on customer benefits from uniform gold pricing and reaffirms its commitment with responsibly sourced products

Verma Jewellers Unveiled Golden Bond 2 For Navratra

  • - 20 October 2020 10:44 AM

Verma Jewellers of Solan, Himachal Pradesh has launched ‘Golden Bond Season 2’ from October 17

Celebrate Durga Puja with Senco Gold & Diamonds’ ‘Shakti’ Collection

  • - 13 October 2020 2:02 PM

Senco Gold & Diamonds unveiled an exclusive range today named ‘Shakti Collection’ for Durga Puja

Pure Price Offer To Protect Customers Against Uncertainty

  • - 09 October 2020 6:12 PM

PNG Jewellers launches Season 2 of the Pure Price Offer to protect customers against uncertainty in Gold rates

True Or Not: Will The G&J Industry Regain Its Shine This Festive & Wedding Season?

  • - 25 September 2020 11:42 AM

Every year, festive season sees a surge in demand for jewellery. The real litmus test on the relationship the Indian people have with jewellery, gold in particular will be seen in the coming months 

World Gold Council And Its Members Highlight Commitment To Sustainable Development Goals Ahead Of UN General Assembly

  • - 22 September 2020 11:45 AM

To coincide with the 75th session of the UN General Assembly – and the SDG Business Forum – the World Gold Council has published a report entitled Gold Mining’s Contribution to the UN Sustainable Development Goals

GJPEC Flags Off Gold Jewellery Virtual Buyer-Seller-Meet

  • - 21 September 2020 2:24 PM

GJPEC virtual buyer-seller meet witnesses good participation from exhibitors and buyers from across the world held from September 21 - 24

GJEPC To Hold First Plain Gold Jewellery VBSM

  • - 18 September 2020 11:42 AM

GJEPC to organise the first Plain Gold Jewellery Virtual Buyer Seller Meet (VBSM) from 21st-24th September 2020

True or Not Thursday: Is price volatility and economic conditions affecting gold demand?

  • - 17 September 2020 9:32 PM

Inflation, job losses, recession and the overall financial crisis – have these affected how people look at gold in India? A market that is primarily driven by weddings, has the current economic scenario played a spoil sport when it comes to buying gold? Jewellery retailers across India present their views

Malabar Gold & Diamonds To Hold First Virtual Store Launch

  • - 16 September 2020 7:18 PM

  • * Featuring brand ambassador Bollywood actor Anil Kapoor, Malabar brings the unique virtual store launch concept to Bihar for the first time
  • * The store marks Malabar Gold & Diamonds’ foray into Patna in Bihar
  • * The store launch is a part of global expansion plan of the Group
     

Malabar Gold & Diamonds Launches 'Double Your Savings' Campaign in Qatar

  • - 12 September 2020 3:54 PM

Malabar Gold & Diamonds has launched 'Double Your Savings' campaign in Qatar offering best making charges for customers

IGPC (IIM-A) to find ways bring household gold in circulation

  • - 12 September 2020 3:45 PM

A centre at the Indian Institute of Management Ahmedabad (IIM-A) is conducting a nation-wide survey to finalize the list of incentives to bring into circulation a part of the 25,000 tonnes of household gold into circulation

World Gold Council Appoints Randy Smallwood As New Chair

  • - 08 September 2020 2:15 PM

Randy Smallwood, President and CEO at Wheaton Precious Metals Corp. (“Wheaton”), new Chair at WGC

Aussie Gold Output Climbs Higher With Limited Impact From Covid-19

  • - 08 September 2020 12:58 PM

Australian gold production has recovered strongly

Gems & Jewellery Export Promotion Council Suggests Changes To Gold Deposit Scheme To Make It More Attractive

  • - 01 September 2020 10:48 AM

The Gems and Jewellery Export Promotion Council has proposed changes in the revamped gold deposit scheme 

Kundan Gold Refinery’s Gold Bars To Be Accepted For Delivery On Nse Platform

  • - 01 September 2020 10:36 AM

Kundan Care Products Ltd is one among the four refineries chosen to deliver gold bars on the NSE platform

Discounts By India's Physical Gold Dealers Highest In One And Half Months

  • - 27 August 2020 10:52 AM

Discounts of up to $20 an ounce were offered against official domestic prices including 12.5% import and 3% sales levies versus the $2 premiums last week

Silver Imports May Dip To Lowest Level In Recent Times

  • - 24 August 2020 2:37 PM

Unlike gold, silver prices show greater fluctuation and so does its demand and supply

True or Not Thursday

  • - 20 August 2020 6:01 PM

Are consumers spending more on jewellery?

The common belief seems to be that consumers are and will be spending more money on gold jewellery, as they are saving money from not travelling, scaling down weddings and also because of the fact that gold has proven to be a safe investment – but what is the ground reality? 

Gold ETFs Worth Nearly Rs 1,000 Cr Sold In July; Investments Into Yellow Metal Funds Soar

  • - 18 August 2020 1:25 PM

With this, net inflow in gold exchange traded fund or ETF category has reached to Rs 4,452 crore in the first seven months of the year, data with the Association of Mutual Funds in India (Amfi) showed

Allow E-way Bill for Intra-State Transportation of Gold: GoM

  • - 15 August 2020 12:38 PM

Under the goods and services tax regime, e-way bills are required for inter-state transportation of goods valued over Rs 50,000

Celebrate “Independence Day” with Senco Gold & Diamonds’ “Freedom Collection”

  • - 15 August 2020 11:45 AM

On the occasion of the 74th ‘Independence Day’ of India Senco Gold & Diamonds launches new collections 

GJEPC Along With The World Gold Council Felicitates The True ‘KOHINOORS OF INDIA’ This Independence Day Via A Virtual Musical Extravaganza

  • - 15 August 2020 10:53 AM

Celebrating the humane side of the Indian G&J Industry, Gems & Jewellery Export Promotion Council (GJEPC) in association with the World Gold Council felicitated the real heroes of the Industry

DP Jewellers opens boutique showroom in Ujjain to meet the intense demand of the farming community in and around; brand loyalty has made this a possibility

  • - 13 August 2020 12:00 PM

Pandemic cannot possibly deter the faith India’s farming community has towards gold and DP Jewellers’ brand new store in Ujjain reaffirms the same

GJEPC’s Recommendations: Modification In The Revamped – Gold Deposit Scheme (R-GDS) and Gold Metal Loan (GML)

  • - 11 August 2020 4:03 PM

GJEPC put forth its suggestions to modify few points within the Revamped – Gold Deposit Scheme (R-GDS)  that will enable its larger acceptance and garner additional deposits of idle gold within the country

Increase In Gold Loan LTV Will Heighten Credit Risks For Banks

  • - 10 August 2020 5:31 PM

The RBI had on August 6 increased the LTV ratio for gold loans by banks to 90 per cent from the earlier 75 per cent

LBMA Gold Price Hits a Record High of $2,000+ Mark

  • - 08 August 2020 6:59 PM

The London Bullion Market Association (LBMA) London Gold Price hit an all time record high

Gold Demand Jumps As Lockdowns Ease, Imports Rebound By 25% In July

  • - 07 August 2020 11:37 AM

World over gold purchases rose to 25.5 tonnes in July from 20.4 tonnes a year earlier and were almost double the amount shipped in the previous month

Covid Situation May Dampen Gold Demand During Diwali Season Too: World Gold Council

  • - 07 August 2020 11:20 AM

Many industry stalwarts are hopeful that by October this year, the demand situation will improve, WGC however, based on its research claims otherwise

GJEPC Provides Inputs on Policy Related To Gold Refining

  • - 06 August 2020 5:31 PM

Important suggestions which need to be considered before formulating any policy related to gold refining

World Gold Council Launches Retail Gold Investment Principles

  • - 06 August 2020 11:12 AM

The World Gold Council launched its new Retail Gold Investment Principles (RGIPs) which provide high-level best practice principles for providers of all kinds of retail gold investment products

Gold Prices In India Move To Premium Despite Record High Rates

  • - 04 August 2020 2:39 PM

Gold prices in India are up 35% this year. Analysts report uptick in investment demand for gold

Mumbai-Based Jewellery Trading Company Accused By CBI In Multi-Crore Fraud

  • - 04 August 2020 2:09 PM

Auro Gold Jewellery Pvt Ltd and its directors Amritlal Jain and Ritesh Jain have been accused of allegedly cheating State Bank of India of Rs 387 crore

How The Pandemic is Changing The Language of Design-Design Decree

  • - 01 August 2020 1:29 PM

From using less gold to focusing on pieces that are rich in tradition and craftsmanship, to embracing old-world techniques and exploring Nature as an inspiration even more, here’s how India’s top manufacturers are getting ready for the world ahead

How These Jewellers Struck Gold Even During Crisis-Lockdown Sales Chronicles

  • - 01 August 2020 12:52 PM

These leading jewellers across India share success stories of how they made a great sale during the pandemic with Vijetha Rangabashyam

The gold price rallies with record ETF inflows while COVID-19 hits consumer demand in H1

  • - 30 July 2020 11:18 AM

The COVID-19 pandemic impacted the consumer sectors of the gold market in H1 2020, with total demand dropping by 6% to 2,076t versus the same period in 2019, according to the World Gold Council’s latest Gold Demand Trends report.

Mandatory Gold Hallmarking Deadline Extended to June 2021

  • - 29 July 2020 10:07 AM

Gold hallmarking was set to become mandatory with effect from 15th January, 2021

Industry mourns loss of veteran jeweller Shaankar Sen of Senco Gold and Diamonds

  • - 28 July 2020 3:22 PM

Shaankar Sen contributed immensely to the trade with his wisdom and knowledge and served as GJC’s Vice Chairman

GJEPC Explains Parichay Card Benefits To Karur Gold Smith Association

  • - 28 July 2020 2:57 PM

GJEPC’s regional office met  the Karur Gold Smith Association and explained the benefits of the Parichay Card

Jewellers flip to Discount On Physical Gold Amid Low Demand, Record Price

  • - 27 July 2020 1:27 PM

Global benchmark spot gold prices held near a nine-year peak, close to the $1,900 an ounce level, on safe-haven investment demand, while silver eyed its best week in over three decades

Senco Gold & Diamonds focusing on Omni Channel sales

  • - 27 July 2020 11:48 AM

Introduces various technological initiatives to enrich customers’ experience

Reliance Jewels Unveils Its Latest Precious Stones Gold Jewellery Collection for Varalakshmi

  • - 23 July 2020 4:40 PM

Reliance Jewels celebrates the spirit of Lakshmi residing within every woman with this new collection

Titan Company Gets BIS Hallmarking Licence For Gold And Silver

  • - 23 July 2020 11:57 AM

The Bureau of Indian Standards (BIS), Chennai Branch Office-I, has granted its hallmarking of gold and silver licence to Titan Company

Gold Price At An All-Time High, Retail Demand For Gold May Decline

  • - 22 July 2020 6:56 PM

India is the world's second largest consumer of gold. Today, prices of gold are rocketing leaving consumers in a fix…

IIFL Finance Launches Digital Gold Loan

  • - 20 July 2020 2:43 PM

IIFL Finance,leading non-banking finance companies has launched Digital Gold Loan

World Gold Council Expects India’s H2 Consumer Demand To Remain Soft

  • - 20 July 2020 2:33 PM

WGC examines how the combination of high risk, low opportunity cost and positive price momentum looks set to support gold investment

Govt. Increases Duty Drawback on Gold by 16%; But Reduces Silver Duty Drawback by 5%

  • - 20 July 2020 2:28 PM

The duty drawback rate on gold has been increased while that on silver jewellery has been reduced

WGC: Indian Jewellers Must Enhance Digital Strategy To Succeed Post Covid-19

  • - 20 July 2020 2:18 PM

Online gold market in India is in its nascent stage, accounting for approximately 1-2 per cent of overall gold sales by value

Govt. Increases Duty Drawback on Gold by 16%; But Reduces Silver Duty Drawback by 5%

  • - 16 July 2020 12:17 PM

The previous revision in the gold duty drawback rate was done on 28th January, 2020, following which the gold price has risen steadily. The GJEPC represented the matter to the Department of Revenue and urged it to revise the drawback rates

Gold Retailers Announce Attractive Discounts to Lure Customers to Beat Escalating Gold Prices

  • - 11 July 2020 3:48 PM

Restrained retail demand for gold in India compels dealers to offer discount on purchase of gold

Investment in Gold Escalates

  • - 11 July 2020 3:32 PM

All that glitters is indeed gold! Relevance of yellow metal to Indian economy is evident in recent investment spurt
 

WGC Report: Global Gold-Backed ETF shows spurt in 7th Consecutive month

  • - 07 July 2020 7:31 PM

Gold-backed ETFs (gold ETFs) recorded their seventh consecutive month of positive flows, adding 104 tonnes (t) in June

Senco Gold & Diamonds Opens New Store, Reaches The 100th Store Milestone

  • - 06 July 2020 3:29 PM

Senco Gold & Diamonds opened its second store in Bowbazar, Kolkata, the gold hub of eastern India. With the opening of this store, the retail brand has crossed a milestone of having 100 stores across India

Kalyan Adds Video Calls in Selling Gold Jewellery

  • - 02 July 2020 6:15 PM

Kalyan Jewellers has launched a live video calling facility for customers in the UAE

Discounts on gold in India go up as prices hit record high

  • - 30 June 2020 5:08 PM

Record high prices and coronavirus crisis have hurt physical gold demand in India, but investment demand for gold across the world remains robust

The New Normal: Uttar Pradesh

  • - 27 June 2020 10:54 AM

Charm of gold overpowers all worries

The land of the Ganges sees a steady rise in gems and jewellery business and worries about migrant karigars

The New Normal Series: Maharashtra (Tier I & II)

  • - 23 June 2020 6:16 PM

Smaller cities of Maharashtra are beginning to see some hope with gold being favoured over diamonds any day

Footfall in tier 2 & 3 cities in Maharashtra have exceeded expectations, although jewellers are facing challenges because sales staff and customers from red zones are unable to come to the stores

Post Lockdown: Pawning Gold Is Easier Than Getting Bank Loans

  • - 11 June 2020 5:07 PM

Gold-backed loans are becoming more popular with banks, which tend to consider them safer than other unsecured borrowing

Jewellers Vote For More Gold Purity Standards, Ask For Extension Of Deadline For Hallmarking

  • - 11 June 2020 5:00 PM

Jewellers vote for more gold purity standards, seek extension of hallmarking deadline

SEBI Eases Norms for Disposal of Physical Gold, Silver Assets Held by MFs

  • - 06 June 2020 3:42 PM

In a circular, the Securities and Exchange Board of India (Sebi) said that disposal time is now 180 days for physical gold and silver assets

Hummingbird Resources Joins the World Gold Council

  • - 02 June 2020 4:30 PM

Hummingbird Resources engages in the exploration, evaluation and development of mineral properties in West Africa with a primary focus on gold

The World Gold Council’s ‘Retail Gold Insights: India Jewellery’ Report Highlighted That Demand For Gold Will Increase In The New Future

  • - 27 May 2020 1:38 PM

Survey highlights that 60 per cent of Indian women own gold jewellery and 37 per cent of Indian women have not bought gold jewellery in the past but are open to buying it in the future

‘Change is the only ‘constant’, this phase has taught me to be adaptable to change. Nothing will remain forever,’ says Vastupal Ranka

  • - 21 May 2020 6:59 PM

Buying gold is an important part of our lives – this is part of our 5,000 year-old history – it won’t go away just because of a pandemic or economic slowdown, opines Vastupal Ranka of Ranka Jewellers, based in Pune and Thane, in an insightful interview

World Gold Council Released its ‘2020 Central Bank Gold Reserves Survey'

  • - 16 May 2020 11:25 AM

This year’s survey revealed the following key insights into central banks’ thinking towards gold –

Ind-Ra Sees Jewellery Sales Declining 25 pc in FY21

  • - 13 May 2020 2:36 PM

According to the recent Ind-Ra report -- Jewellery demand was slow since the beginning of 2020. Gold jewellery demand had already slowed down in FY20 in terms of tonnage and revenue due to the economic slowdown

This Mother's Day, Senco Gold & Diamonds Invites Everyone to Wish Their Moms in a Creative Fashion: Launches a digital campaign 'Senco Pyari Maa'

  • - 11 May 2020 12:36 PM

  • * Enact and capture a special moment with your mother based on brand’s TVC and share it on the social media handles with #sencopyarimaa and make this day memorable by winning a gift from Senco Gold & Diamonds
  •  
  • * Express your love by booking a jewellery online for your mother on this special day and get attractive discounts

Senco Gold & Diamonds Reopens Stores Following Proper Safety Measures Suggested by the Government

  • - 11 May 2020 12:22 PM

  • * Opens stores in 4 states -West Bengal, Odisha, Assam and Karnataka
  • * Will open stores in other locations in a phased manner

India’s April Gold Imports Fall 99.9%: Report

  • - 05 May 2020 12:08 PM

The lockdown which was announced on March 22 across the country has brought gold imports to an all-time low

Gold ETF Demand Sees 300% Annual Increase in First Quarter

  • - 30 April 2020 6:19 PM

Gold-backed exchange-traded products were the prevailing asset to own, driving global demand for the yellow metal in the first quarter, as the world economy was crushed by the COVID-19 health crisis, according to the latest research from the World Gold Council (WGC)

Q1 Gold Demand Supported as COVID-19 Fuelled Safe-Haven Investment

  • - 30 April 2020 11:19 AM

Global gold demand held firm at 1,083.8t in Q1 2020, a rise of one  per cent  on the same period last year, according to the World Gold Council’s latest Gold Demand Trends report 

WGC: Gold Industry Needs to Spruce up Digitisation

  • - 23 April 2020 12:27 PM

The gold industry has the potential to appeal to a sizable new audience. Technology can play a key role in opening up new avenues for gold investment; easy online accessibility is a must in this era of increasing global digitisation

Malabar Gold & Diamonds is Offering Online Gold Buying Facility for its Customers

  • - 22 April 2020 12:41 PM

Malabar Gold & Diamonds is offering online gold buying facility for its customers who are unable to come out of their houses because of nationwide lockdown

Brand New Offers from PNG Jewellers for Akshay Tritiya

  • - 21 April 2020 4:07 PM

PNG Jewellers launches pure price offer and Vedhani E-Vouchers to facilitate gold buying for Akshay Tritiya

Senco Gold & Diamonds Assures Price Protection Guarantee

  • - 21 April 2020 11:28 AM

This Akshaya Tritiya, Senco Gold & Diamonds introduces price protection guarantee for all its customers

Indian Gold Demand could Hit Three-decade Low

  • - 17 April 2020 5:28 PM

The drop in consumption by the world's second-biggest gold buyer could limit a rally in global prices

Gold Prices Top Rs 45,000

  • - 13 April 2020 1:47 PM

A similar price hike was witnessed in November 2016, when demonetisation was announced and people rushed to buy gold, using old currency notes

World Gold Council Released its Gold ETFs Report for March

  • - 09 April 2020 10:54 AM

Gold ETF assets realised their largest ever quarterly gain in Q1 2020

Senco Gold & Diamonds Group Pledges Contribution to Nation’s Fight Against Covid-19 pandemic

  • - 08 April 2020 5:01 PM

Senco Gold & Diamonds Group contributes sum of INR 1.5 crores to PM-Cares fund and to West Bengal State Emergency Relief Fund to fight against this pandemic

WGC Released Update on Gold Reserves

  • - 06 April 2020 3:07 PM

The World Gold Council has recently released its regular statistical update on gold reserves in the official sector

'G & J Exports may face Steep Fall in Q1 Next Fiscal'

  • - 01 April 2020 11:30 AM

Domestic jewellery retailers are likely to face heavy losses, due to escalated gold prices in the last few months and lockdown

The Lightweight Promise-Light-Weight Jewellery

  • - 27 March 2020 9:03 PM

As gold becomes dearer by the day, retailers are looking to stock up on affordable, light-weight jewellery crafted in 18K gold as that’s where the consumers are headed. Manufacturers on the other hand are trying to push all boundaries to create feather-light pieces without compromising on design and quality observes Vijetha Rangabashyam

Will Gems and Jewellery Industry Bounce Back?

  • - 26 March 2020 2:02 PM

Post the lockdown, how long will it take for the industry to begin seeing its golden days again? Industry veterans share their viewpoints…

Coronavirus Adversely Affects Supply of Gold Bars

  • - 24 March 2020 11:26 AM

Retail investors scout for gold bars and coins as a safe investment option

Gold Prices During Ongoing Pandemic

  • - 20 March 2020 10:36 AM

Like most asset classes, gold is being affected by the unprecedented economic and financial market conditions in play around the globe, with inputs from analyst and consultant with WGC, Trevor Keel WGC decodes the effect of COVID-19 on gold prices 

Malabar Gold & Diamonds Launches Mother’s Day Pendants in UAE

  • - 14 March 2020 3:02 PM

Malabar Gold & Diamonds presents special Mother’s Day collection as a tribute to motherhood

Malabar Gold to Increase Outlets in India and abroad

  • - 06 March 2020 5:38 PM

Jewellery retail chain Malabar Gold & Diamonds plans to expand operations in India and abroad

World Gold Council to Come Up With Code of Conduct for Indian Jewellery Retailers

  • - 04 March 2020 2:22 PM

This initiative will bring in transparency and build confidence in buyers and bankers 

India's Gold Imports Suffer as Prices Hit Record High

  • - 04 March 2020 1:44 PM

India’s gold imports plunged 41 per cent, as compared to previous year 

Titan confirms demand unaffected by rising gold prices or coronavirus

  • - 02 March 2020 11:28 AM

Company has not witnessed a major impact on its watch business and expects jewellery business to increase

Coronavirus Scare Causes Decline in Gem and Jewellery Exports

  • - 26 February 2020 12:53 PM

The spread of the coronavirus across the globe along with increasing gold prices is causing a steep decline in gem and jewellery exports

India’s First Private Gold Mine may Start in Last Quarter of 2021

  • - 24 February 2020 1:23 PM

India’s first private gold mine located in Jonnagiri in Kurnool district, Andhra Pradesh may start in the last quarter of 2021 if land acquisition for it is completed in the next six months

GSI Reclarifies Amount of Gold Discovery in Sonbhadra District, UP

  • - 24 February 2020 11:28 AM

India has clarified the nature of a gold discovery in Uttar Pradesh, after a government official said on Saturday that fields with reserves of more than 3,000 tonnes of gold ore had been found, prompting a flurry of activity on social media

9th edition of GJC’s National Jewellery Awards (NJA) awards 35 jewellers in 8 categories

  • - 18 February 2020 1:19 PM

Malabar Gold, C. Krishniah Chetty, G.R.Thanga Maligai, Mehta Emporium, KK Jewels, Kulthiaa, Sona Chandi amongst winners of the 9th edition of GJC’s National Jewellery Awards (NJA)

Senco Gold & Diamonds launches “Perfect Love” Collection

  • - 12 February 2020 12:40 PM

To celebrate the spirit of love this Valentine’s Day, Senco Gold & Diamonds, the largest jewellery retail chain from Eastern India, launched an exclusive range of perfectly cut diamond collection – “Perfect Love"

Gold demand in 2019 nudges lower as price-driven slump in consumer demand outweighs ETF inflows

  • - 30 January 2020 3:22 PM

The annual supply of gold increased 2% to 4,776t. This growth came purely from recycling and hedging: mine production slipped 1% to 3,436.7t

Gold price volatility may deter Indian consumers, says WGC

  • - 17 January 2020 4:12 PM

Consumer and gold trade sentiment may remain soft in India through 2020, the World Gold Council (WGC) said in its latest report 'Outlook 2020'. 

Commerce Ministry seeks reduction in import duty on gold

  • - 16 January 2020 3:07 PM

The smuggling of gold has spiked in 2019 and a possible duty cut can help curb the menace 

Last six months see 30% drop in gold demand

  • - 13 January 2020 12:41 PM

Due to the increase in customs duty, goods and services tax there was an increase in gold smuggling besides customers were also opting to purchase gold from countries like Dubai, Nepal, Sri Lanka, Singapore

BVC Logistics joins hands with Gujarat Gold Jewellery Show 2020 as the Official Logistics Partner

  • - 07 January 2020 1:51 PM

BVC Logistics will provide the most cost-effective logistics support by providing organisers and their exhibitors with diverse options for exhibition logistics

Demand for gold jewellery to remain subdued in FY2020: ICRA

  • - 01 January 2020 12:54 PM

ICRA expects gold jewellery demand to be subdued in FY2020 with expected volume de-growth of 6-8% on the back of elevated gold prices and weak consumer demand

PNG Jewellers offers ‘No Making and GoldCharges’ - Encourages customers to buy Solitaire diamond

  • - 30 December 2019 1:08 PM

The alluring offer is accessible over PNG Jewellers outletsin Pune, Mumbai, Goa, Aurangabad, Ahmednagar and Nagpur

Add To Your Holiday Cheer With Reliance Jewels’ Exquisite Bella Collection

  • - 23 December 2019 12:14 PM

The range is dexterously handcrafted and comprises light-weight, modern and contemporary precious pieces — rose gold and white gold necklaces and bracelets, and diamond bracelets

Jewellery demand rises ahead of expected GST hike as gold prices moderate

  • - 18 December 2019 3:56 PM

Domestic gold prices have declined 3.6 per cent since its peak of Rs 39,031/10g on September 4, taking cue from global prices

Malabar Gold & Diamonds hosts a solitaire show with Forevermark at their Showroom in Mumbai

  • - 13 December 2019 10:16 AM

These beautiful solitaire pieces, starting from 0.14 carats onwards, will be on display till 29th December 2019

Rumors suggest tax on gold to be hiked by GST Council

  • - 09 December 2019 11:25 AM

Jewellers alleged that the government is likely to increase GST rates for the yellow metal from three per cent to over 10 per cent

Gold prices to rally to $1,600 by end of 2020 - ABN AMRO

  • - 05 December 2019 11:23 AM

Easy monetary policy and low interest rates are here to stay and that will support gold prices in the long term, but investors need to be a little patient, according to one market analyst

Hallmarking of gold could significantly alter market dynamics

  • - 03 December 2019 3:42 PM

The BIS has formulated standards for gold jewellery of three grades — 14, 18 and 22 carat
 

Reliance Jewels unveils its 1st Showroom in Begusarai, marking its 3rd in Bihar

  • - 03 December 2019 10:26 AM

The showroom will display a wide range of exclusive traditional & contemporary Gold, Diamond & Solitaire jewellery

BIS hallmark mandatory for gold jewellery from January 15 2020

  • - 29 November 2019 5:13 PM

One year period will be provided for implementation of this decision to enable jewellers clear their existing stock

Irasva launches collection inspired by Disney's Frozen 2

  • - 28 November 2019 1:47 PM

The Elegant Frozen 2 line includes a wide array of pendants, rings and earrings embellished with semi-precious stones and embedded in 14kt Gold, making each piece a must-have for the Frozen 2 fans across all age groups

Aisshpra Gems & Jewels introduces a Champagne & Strawberry Edition for the Party Season

  • - 28 November 2019 10:10 AM

The statement bracelets are crafted in 18K yellow and white gold along with rare gemstones such as tanzanite, pink tourmaline and emeralds

India Gold Jewellery Summit reveals interesting insights

  • - 26 November 2019 1:35 PM

The summit held discussions on topics ranging from bullion banking, finance crunch, technology to innovation

Reliance Jewels unveils its new ‘Wedding Collection’

  • - 25 November 2019 3:59 PM

The new collection showcases Bridal sets in Diamond and Gold, Statement Earrings, Rings with a blend of Gold, Colored Gemstones and Diamonds for every special moment

Working to support the industry request on the duty structure of gold, other precious stones and diamonds: Piyush Goyal

  • - 23 November 2019 1:09 PM

He also asked the industry to follow legal practices such as doing digital transactions to enhance the integrity of the sector
 

Reliance Jewels unveils its 9th Showroom in Delhi NCR

  • - 20 November 2019 4:24 PM

The new collection consists of statement necklace sets in 22Kt gold in antique & culcatti finish along with exquisite Diamond studded sets

Gold and silver jewellery duty drawbacks raised by significantly

  • - 18 November 2019 1:08 PM

The drawback has been raised from Rs 272 to Rs 372.9 per gram of gold jewellery, and effectively covers 86.74 per cent per cent of the import duty paid, up from 63.27 per cent earlier

Platinum imports likely to touch 7.5 tonnes this year

  • - 12 November 2019 10:45 AM

Millennials are choosing platinum over gold because of the former’s matte finish, affordability and ability to hold diamond-studded intricate designs

Anil Kapoor inaugurates new Malabar Gold showroom in Pune

  • - 11 November 2019 11:03 AM

The event was attended by Malabar Group Chairman M.P. Ahammed, Managing Director India Operations Asher O., Group Executive Director K.P. Abdul Salam, Regional Head M.P. Subair, and other management officials

Aisshpra Gems & Jewels lights up the festive season with a brand new store in Azamgarh

  • - 08 November 2019 11:20 AM

Spread across 2000 sq ft the store presents more than 10000 unique designs in Gold & Diamond Jewellery for the upcoming wedding season

WGC: Surge in ETF inflows supports Q3 gold demand growth

  • - 05 November 2019 1:30 PM

Jewellery demand was hampered by the continued strength in the gold price, which hit a new multi-year high, as well as consumers being downbeat on the health of the global economy

India's gold imports drop 33% in October as high prices hurt demand

  • - 05 November 2019 1:11 PM

Gold imports were down at 38 tonnes in October despite being one of the most auspicious times to buy gold in India

Gold prices may touch Rs 42000 by December on account of geopolitical uncertainties

  • - 04 November 2019 3:58 PM

The yellow metal is likely to continue to remain bullish till the end of the year mostly due to sustained Central bank buying, geopolitical uncertainties and possible year-end squaring of positions in equities boosting appeal for safe-haven gold

Indian commercial banks give green signal for gold as asset class

  • - 01 November 2019 12:01 PM

The Indian gold spot exchange is expected to launch in the near future, a key moment in the development and formalisation of the domestic gold market

Gold amnesty scheme for India brewing, announcement likely to be made soon

  • - 31 October 2019 1:43 PM

According to sources, gold without receipt will have to be disclosed to the government and tax would be payable based on the rate set by the government

Wedding gold purchase in Diwali causes discrepancy

  • - 31 October 2019 11:03 AM

While India Bullion & Jewellers Association (IBJA) estimates a 25 per cent volume drop in jewellery and bar and coin sales this year’s festivities, certain jewellers are claiming a 10-15 per cent yearon-year growth
 

 

30 tonnes gold sold on Dhanteras: IBJA

  • - 30 October 2019 11:51 AM

Gold sales in the past few years used to be around 40 tonnes, but due to high prices and liquidity crunch in the market this year, it was expected that the sales might be around 20 tonnes

Not a bad Dhanteras for Jewellers after all; Diamonds Shine this Diwali

  • - 26 October 2019 6:49 PM

Jewellers believe that if only gold prices had been stable, then it would have increased consumer confidence and could have led to higher sales

New report from the World Gold Council points the way for gold industry resilience in the face of climate-related risks

  • - 25 October 2019 11:52 AM

Building on the World Gold Council’s initial work of 2018, the new report offers a more comprehensive overview of the current status of gold’s climate impacts

Sona Chandis inaugurates massive store in the heart of Kanpur

  • - 22 October 2019 4:33 PM

It caters to jewellery of every kind from gold, polki, jadau to diamond jewellery

Diwali, Dhanteras Unlikely To Lift Gold Sales For Jewellers

  • - 22 October 2019 11:31 AM

While jewellers usually build inventory ahead of Diwali and Dhanteras, they haven't made any big purchases this time after seeing poor sales on the occasion of Dussehra, earlier this month

30% cancel orders for jewellers as gold prices fluctuate

  • - 21 October 2019 12:46 PM

The gem and jewellery industry is already in doldrums as the domestic demand is almost wiped out due to high gold prices and back-breaking import duty of 12.50 per cent on gold, said a leading jeweller

IIGJ and GJEPC felicitate graduating students in 13th convocation ceremony

  • - 21 October 2019 11:02 AM

Present at the occasion were chief guests K Srinivasan of Emerald Jewel Industry and Alkesh Shah of Gold Star Jewellery 

Nearly 50% drop in gold demand during auspicious festival of Dusshera

  • - 15 October 2019 1:32 PM

Gold futures were trading around 38,100 rupees per 10 grams after hitting a record high of 39,885 rupees last month

Commerce Ministry approves mandatory gold hallmarking: Ram Vilas Paswan

  • - 07 October 2019 11:21 AM

As per global trade rules of WTO, a member country has to notify a quality control order with the Geneva-based multilateral body and the process takes about two months time

Lalitha Jewellers robbed off Rs 13 crore ornaments

  • - 03 October 2019 11:03 AM

The jewellery store's CCTV footage showed two masked men, carrying bags, wandering in the ground floor where the gold and the diamond articles are displayed

Customers flocking to jewellery stores as gold price dips

  • - 02 October 2019 12:02 PM

The price of the precious metal was down Rs 44 at Rs 37,683 per 10 gram in the retail market in Mumbai in evening trade on September 30

Titan Q2 FY20 preview: Gold is not glittering this time

  • - 24 September 2019 11:45 AM

Retail sales grew 15 percent year-on-year (YoY) due to increased impetus towards advertising

Indian jewellery industry in recession, job losses likely: GJC

  • - 16 September 2019 10:52 AM

In Union Budget 2019-20, gold import duty was raised to 12.50 percent to 10 percent while GST on jewellery was fixed at 3 percent as compared to 1 percent under the previous tax regime

TBZ – The Original introduces festive collection

  • - 14 September 2019 1:33 PM

The collection comprises of spectacular chandbali earrings, jhumkas with pearl tassels, necklaces and floral gold bangles

PNG Jewellers brings "The Pure Price” Offer

  • - 10 September 2019 5:28 PM

Customers can avail this offer by pre-booking their Gold Jewellery during the offer period of 10 September – 28 September 2019 and take the delivery by 31 October 2019

Old gold recycling up by 15-20% in August

  • - 06 September 2019 11:45 AM

Alongside, they said, some people have used the opportunity to exchange old gold for cash as well

PNG Jewellers celebrates Ganeshotsav with Vignaharta collection

  • - 06 September 2019 10:54 AM

The Vignartha collection is crafted in gold and encrusted with Navratnas also known as nine gemstones or Navgrahas

Kalyan Jewellers' Candere introduces protection plan to safeguard customers from gold rate hikes

  • - 04 September 2019 5:25 PM

Under this, customers can book their jewellery at the current market price of gold simply by paying 10% advance, and safeguard the jewellery booked from any future rate hikes 

1,197.7 kg of smuggled gold seized in the April-June quarter

  • - 03 September 2019 11:11 AM

The illegal trade could rise further in coming months as India, raised an import tax on gold by 2.5 per cent to 12.5 per cent in July’s federal budget, effectively increasing smugglers’ margins

Mumbai gold market remain dull as Ganesh Chaturti festival approaches

  • - 31 August 2019 2:12 PM

 The gold sales this season have gone down considerably by 70-80 per cent, say Mumbai jewellers

Jewellery stocks shine on stock market despite soaring gold prices

  • - 30 August 2019 4:31 PM

Among listed jewellery and ornament manufacturing companies, PC Jeweller was the top performer, followed by Tara Jewels, Tribhovandas Bhimji Zaveri, Titan and Thangamayil Jewellery

1.5 lakh gold artisans leave Gujarat due to lack of work

  • - 30 August 2019 11:08 AM

The overall dip in sales has affected wholesalers, retailers and artisans alike, and the sector is hoping the government will introduce relief measures just as it has for automobile and real estate sectors

Tiffany & Co will target emerging middle class in India says brand CEO

  • - 29 August 2019 10:26 AM

Tiffany will start with two stores -- one in New Delhi and another in Mumbai -- that will carry the same assortment of silver and gold bracelets, necklaces and rings available in other markets, along with higher-end items with gemstones 

UAE geared up for rising gold demand for upcoming festive season

  • - 28 August 2019 11:16 AM

Gold prices sustained an upward trend in past few weeks and surpassed the $1,550 per ounce mark for the first time in more than 6 years on Monday due to the US-China trade war, geopolitical tensions in the region and slowdown in global economy

Malabar Gold & Diamonds plan national and international expansion

  • - 27 August 2019 1:47 PM

As part of its expansion plan, Malabar Gold & Diamonds is all set to open its second outlet in the US at Iselin, New Jersey, on August 31

Gold, silver prices continue their upward trend; new lifetime highs recorded

  • - 26 August 2019 11:23 AM

On MCX, October gold futures were firm today, rising 1% to ₹39,152 per 10 grams

Kerala's gold jewellery sales plummet 20-25% owing to high gold prices

  • - 26 August 2019 10:50 AM

The decline in bullion sale is a pan-India phenomenon, with a 70 per cent slump in sales reported countrywide

WGC: Jewellery demands may face headwinds during Diwali

  • - 21 August 2019 2:32 PM

"We are dealing with higher import duty, erratic monsoon, slowing economic growth and then very volatile and all-time high gold prices and the demand really seems to be taking a backseat amongst all of this," says PR Somasundaram, MD-India at World Gold Council

Pugata presents rose gold Love Me Bangle

  • - 20 August 2019 1:03 PM

This unique piece is truly special and is available in a select few gemstones (ruby, emerald, tourmaline, garnet, blue, green or orange sapphire)  along with different coloured metals, (18ct Rose Gold, 18ct White Gold, 18ct Yellow Gold and 18ct platinum)

Tamannaah Bhatia inaugurates new Malabar Gold & Diamonds store in Bengaluru

  • - 19 August 2019 2:59 PM

The showroom has an extensive collection of traditional and modern designs in tune with the taste of jewellery lovers

Reliance Jewels launches Aabhar Collection

  • - 19 August 2019 11:05 AM

Aabhar collection consists of handcrafted earrings like danglers, chandeliers, Jhumkis, studs, needles and chandbalis in both 22KT gold and 18KT gold

Diwali Forecast: Gold prices may reach Rs 40000 per 10 gram

  • - 19 August 2019 10:08 AM

Typically, the demand for gold reflects the expectations about the future, the prices of the precious metal tends to rise amid uncertain economic situations or political upheaval


 

 

Weak domestic cues lead to slip in gold futures

  • - 17 August 2019 1:48 PM

Gold for delivery in most-traded October was trading lower by Rs 177, or 0.46 percent, to Rs 37,986 per 10 gram in a business volume of 3,044 lots

FM Nirmala Sitharaman refuses to reduce gold import duty

  • - 17 August 2019 10:28 AM

She ruled out any possibility of reduction in import duty citing that the country does not produce gold within its borders

Swarovski presents Design Contest 2019 & Winners At GJC NITE Showcasing Extravaganza Bollywood Fashion Show

  • - 16 August 2019 4:41 PM

Bollywood celebrities Zarina Khan, Shamita Shetty and Sophie Choudhary showcase winning pieces by Veera Gold, Emerald Jewel Industry, Gunjan Jewels and Rasi Jewellery at GJC NITE organized by the All India Gems & Jewellery Domestic Council

Record 37.9 tonnes of gold recovered from scrap jewellery in April-June 2019

  • - 16 August 2019 10:45 AM

Trading at Rs 31,648 per 10 grams on April 1, 2019, standard gold price spiked to touch Rs 33,500 per 10 grams towards the end of the June quarter 

Surat jewellery shops create tricolour 'Article 370 abrogation' themed rakhis

  • - 14 August 2019 11:54 AM

As the Centre has scrapped Article 350 and 35A, we decided to come up with a theme that signifies the importance of both days. Gold and silver rakhis are being designed in accordance with the customers

Commerce Ministry: Gold imports up by 35.5% in April June

  • - 13 August 2019 11:08 AM

Imports of the yellow metal stood at USD 8.45 billion (about Rs 59,000 crore) in the same period of 2018-19 

Actor Madhu Shalini unveils TBZ festival collection

  • - 12 August 2019 3:17 PM

Stating that the festival collection was affordable, she said this was the best time to be here and avail its special offer of Rs1 towards making charges for gold jewellery

CCB busts gold testing and certification racket

  • - 12 August 2019 3:02 PM

Hallmark in a gold ornament guarantees purity and fineness of gold; it’s a form of consumer protection 

Celebrate an 'Anmol' Bond this Rakshabandhan with eco friendly rakhi by ANMOL

  • - 07 August 2019 11:49 AM

Every Rakhi from the edition dons an intricately designed centerpiece that is crafted in 18k or 22k Yellow or Rose Gold

Industry Steering Committee releases blueprint for spot gold exchange in India

  • - 06 August 2019 10:58 AM

The Committee proposes setting up of Bullion Exchanges that would provide an efficient and trusted ecosystem for trading gold and ensure the success of financialisation of gold, with an aim to improve market transparency, protect the interests of market participants and facilitate India to emerge as a price setter for gold

Gold prices slip post record highs; jewellers jittery due to low demand

  • - 06 August 2019 10:32 AM

Jewellers reported softening demand amid rising gold prices, which are up over 15% so far this year 

Gold spot exchange bourse inches closer to construction

  • - 05 August 2019 1:03 PM

After reviewing standards at global gold spot exchanges and Indian exchanges, the committee suggested that the exchange should have a tiered and flexible membership structure, with members meeting a minimum net worth requirement.

Kalyan Jewellers strengthens trust through 4 Level Assurance plan

  • - 03 August 2019 10:55 AM

The product information section under 4-level Assurance clarifies that customers are charged gold rate only on the total value of the gold used, after deducting the weight of other materials like lac, gemstones, glass, wood, enamel etc, from the total weight of the product

Senco Gold & Diamonds rolls out a new campaign “Shine On” featuring Ace Cricketer Sourav Ganguly

  • - 03 August 2019 10:18 AM

AHAM, the new men’s collection from the house of Senco Gold & Diamonds offers a signature collection of rings, bracelets, cufflinks, ear-studs, chains and pendants in Diamond, Gold & Silver

Anil Kapoor appointed new brand ambassador for Malabar Gold and Diamonds

  • - 02 August 2019 10:19 AM

The National film award winning actor will be seen in a new television commercial series by the brand titled ‘Malabar Promises’, which will be released soon 

WGC: H1 gold demand jumps to three year high in 2019, driven by central bank buying and ETF inflows

  • - 01 August 2019 10:15 AM

The first quarter of the year, gold demand increased to 2,181.7t in the first six months of 2019, an uplift of 8% compared with the first half of last year                                                                                                                    

GJC bats for rollback on gold import duty hike

  • - 31 July 2019 10:15 AM

The lack of demand in the gem & jewellery has resulted in many craftsmen and artisans being out of work and shifting to other businesses, where they are getting employment

Indian gold demand remains sluggish as prices soar

  • - 30 July 2019 4:47 PM

Gold buying stagnated in India as local rates soared, though some investors used temporary price dips to buy, hoping to cash in on a further leg up

GSP benefits could help increase jewellery exports to $3 billion to US

  • - 29 July 2019 11:24 AM

Indian exports of Gold jewellery articles along with gold chains, necklaces, neck chains, gold mixed links stood at $1.78 billion in 2018, down from $2.5 billion in 2007-09, after these items lost preferential treatment under the GSP in stages

IBJA tightens rules on sale of impure gold; police and tax complaints to follow

  • - 27 July 2019 1:01 PM

This decision proceeds from a spate of complaints on impure 24 carat bars being received by jewellery makers from states like Delhi, UP, MP and Maharashtra

House of Kashi Jewellers launches Myra Collection

  • - 27 July 2019 11:03 AM

The collection comprises an array of products like rings, bracelets, chain pendants and more that are aesthetically crafted in exquisite diamonds in gold as well as in silver

Designer Tanya Rastogi showcases Pinkistan collection at Lala Jugal Kishore

  • - 26 July 2019 10:59 AM

This collection takes inspiration from a perfect imaginary world  where women are loved, respected, cherished and treated equally. Crafted in 18k gold, the edition is studded with pastel pink stones and hand painted with  enameling to perfection

Gold imports rise 46% in June

  • - 26 July 2019 10:22 AM

While Indian refiners supplied the bulk of the gold into the market, supply from this source grew only 2 per cent year-on-year as supply from refiners is nearing saturation point

Taking advantage of gold prices rally, Indians sell old gold jewellery

  • - 24 July 2019 10:37 AM

Gold prices have already rallied 19% in 2019 due to worries over global economic growth from a prolonged US-China trade war, geopolitical tensions on Iran and US Federal Reserve rate jitters

It’s raining discounts as Candere’s Annual Flash Sale goes live

  • - 17 July 2019 11:29 AM

10-day sale to provide impressive discounts and deals on diamond, gold, and platinum jewellery

 

Reliance Jewels announces launch of its First Showroom in Indore

  • - 12 July 2019 11:49 AM

Spread over 3873 sq. feet, the grand showroom will feature an elaborate collection of Gold, Diamond & Solitaire jewellery

WGC shares mid-year 2019 gold outlook

  • - 11 July 2019 5:41 PM

Weaker economic growth may soften gold consumer demand near term, but structural economic reforms in India and China will likely support long-term demand

Jaipur based jewellers unhappy with gold import duty hike

  • - 11 July 2019 5:27 PM

The customs duty on gold has been increased. There’s already provision of 3 per cent GST. The customers now need to shell out 15.5 per cent extra on buying gold, which is quite high

Vishakapatnam airport increases vigilance following gold import duty hike

  • - 11 July 2019 4:19 PM

Security controls have been tightened on 17 international flights originating from Vishakapatnam airport

Titan Share Prices down 10.8% due to rising gold prices

  • - 09 July 2019 2:20 PM

The stock reportedly touched a low of Rs 1,116.20 on the BSE, its biggest slide since June 2013

Gold prices are expected to trade lower today: Angel Commodities

  • - 08 July 2019 1:57 PM

According to Angel Commodities, last week, spot gold prices rose by 0.4 percent over rising global uncertainties coupled with weaker U.S. Dollar

Gem & Jewellery industry disappointed with increase in import duty on Gold and precious metals: GJEPC

  • - 08 July 2019 10:24 AM

With cost of doing business going up, export competitiveness will go down; Indian exporters will lose business to neighbouring countries resulting in job losses

Indian gold import duty hike blessing for UAE

  • - 06 July 2019 12:30 PM

This is the first time since January 1, 2018 – when VAT was introduced in the UAE - that there is such a gap in pricing between these markets 

Titan, PC Jeweller stocks dip as FM announces hike in gold import duty

  • - 06 July 2019 11:58 AM

The existing import duty on gold is 10 percent which is now revised to 12.5 percent

Budget 2019: Gold import duty increased to 12.5% from 10%; Gems and Jewellery industry shocked

  • - 05 July 2019 2:27 PM

To discourage cash payments, the finance minister has proposed a TDS of 2% on cash withdrawals exceeding ₹1 crore in a year from a bank account

TBZ-The Original launches Tatva Collection

  • - 05 July 2019 10:37 AM

Tatva’ celebrates individuality and elegance of Gold Jewellery with a vintage look for the modern woman.

Illegal gold trade causes 25-30% loss to Kerala jewellers business

  • - 29 June 2019 3:43 PM

Jewellers claimed that the 13 per cent duty on gold- 10 per cent import duty and 3 per cent GST- is encouraging illegal entry of the yellow metal

Senco Gold & Diamonds launches the ‘PRIDE Collection’ as a gesture of support for the LGBTQ community

  • - 29 June 2019 10:30 AM

A unique fashion show titled “Sphulingo - Freedom of Expression” with a group of transgender men and women  dressed in mythological characters from Indian epics, sashayed down the ramp at Senco Gold & Diamonds’ Mega Shop on CIT Road in Kolkata

Anmol introduces “Pavitram”, Temple Edition inspired from the Indian rock cut architecture

  • - 26 June 2019 2:44 PM

Crafted in 22k yellow gold, Pavitram brings with it Temple Jewellery which is one of the only handcrafted jewellery techniques that has retained its originality with changing times while narrating the sacred saga of Indian mythology

GJC bats for reduction of gold import duty at 4%

  • - 25 June 2019 4:16 PM


The council also urged that the Gold Monetisation Scheme be made more attractive so that the industry gets better access of domestic gold as raw material

Temple Jewellery Collection by House of Kashi Jewellers

  • - 24 June 2019 4:41 PM

The pure gold traditional jewellery is handcrafted with elegant royal figures like motif of goddess Lakshmi, Lord Krishna, flowers, swans, peacock are few to name

SIT raids IMA Jewels office; finds no trace of gold or diamond jewellery

  • - 24 June 2019 10:56 AM

Sources revealed that the jewellery store’s shelves were empty and the silver which has been seized needs to be valued to determine its cost   

Mohit Bharatiya steps down as president of IBJA; Prithviraj Kothari elected as new president

  • - 24 June 2019 10:06 AM

IBJA's representation in the Ministry and RBI on gold related matters has been a path breaking work under Bharatiya's leadership  

Gold prices slip as jewellers hold on fresh buying

  • - 22 June 2019 4:31 PM

Globally, spot gold was trading lower at USD 1,333.90 per ounce, while silver was down at $14.85 an ounce in New York

Jewellery worth Rs 33 crore seized by SIT in IMA Jewels scam

  • - 21 June 2019 4:19 PM

43 kg of gold ornaments worth Rs 13 crore, 5884 carats diamonds worth Rs 17.6 crore, salt diamonds valued at Rs 1.5 crore and 520 kgs of silver jewellery worth 1.5 crore were confiscated by the officials

Gold prices slip as jewellers hold on fresh buying

  • - 18 June 2019 5:19 PM

Traders attributed the decline in gold prices to fall in demand from local jewellers and a weak global trend

DRI seizes gold worth Rs 10.56 crore in smuggling racket

  • - 18 June 2019 11:29 AM

Seven persons arrested after searches at domestic cargo terminal revealed gold bars weighing 32.28 kilograms

New Tanishq stored launched in Hyderabad

  • - 15 June 2019 1:59 PM

 Spread across 2700 sq ft, the store caters to various kinds of customers boasting of over 4,000 designs in both gold and diamond jewellery

Sawansukha Jewellers makes a mark at Burrabazar

  • - 13 June 2019 10:08 AM

Spanning 1200 sq. feet, the store features a modest collection of Diamond, Gold, Antique and Jadau jewellery, handcrafted to perfection that showcases the perfect amalgamation of tradition and modern concept

Gems and Jewellery industry requests cut in import duty

  • - 08 June 2019 4:24 PM

GJEPC has asked for a reduction in import duty on Cut and Polished Diamonds & Precious and Semi-Precious Gemstones from 7.5% to 2.5% and on Gold from 10% to 4%

Glaring differences between north and south India's jewellery buying preferences

  • - 08 June 2019 9:45 AM

According to experts, people in South are more aware about hallmarking as the sale of hallmarked gold jewellery is the highest in the southern region (70-80%) while it is not so popular in North

Gold prices dipped as dollar peaks

  • - 06 June 2019 10:10 AM

Spot gold was down 0.1 per cent to $1,328.25 per ounce as of 0124 GMT, after hitting its highest since Feb. 20 at $1,343.86 on Wednesday
 

 

Forevermark hosts a business transformation programme for authorized retailers at London School of Economics and Political Science in Shanghai

  • - 05 June 2019 11:50 AM

Some of the retailers who attended the program included, Indian Gems and Jewellery Creation, Senco Gold, Anmol, A.S. Motiwala, Khurana Jewellery House, C. KrishniahChetty& Sons, Abaran Timeless Jewellery, KirtilalKalidas Jewellers, Narayan Jewellers, Bholason Jewellers, Rose, PMJ Jewels, Nikkamal, Mehta Emporium and D P Abhushan.

Senco Gold & Diamonds launches new range of jewellery and unveils exciting offers to celebrate Eid

  • - 04 June 2019 2:20 PM

The new ‘noor-e-jashn’ collection ranges from Necklace, Pendant, Earrings and made of Gold, Pearl & Color Stones with Mughal jafri essence 

Trade expects new government to upgrade gold as asset class

  • - 31 May 2019 5:09 PM

The trade is also expecting that government will make an effort to increase banking to the gem and jewellery sector, which has been facing the brunt of the banks after the infamous Nirav Modi scam 

April gold jewellery export rise by 11.41%

  • - 30 May 2019 3:07 PM

Exports of gold jewellery (both studded and plain) during the month were up to US$ 908.98 million from US$ 815.90 million a year earlier

Candere by Kalyan Jewellers introduces new 'Sunkissed' collection

  • - 30 May 2019 12:48 PM

Drawing its name from the popular internet lingo ‘sunkissed’ which means basking in the sun, the designs of this collection are inspired by the golden rays of the sun and crafted exclusively in 18K gold purity

Tanishq offers Savitri Brata discount for Odisha customers

  • - 28 May 2019 4:22 PM

Customers can avail up to 25 per cent off on making charges of gold jewellery and 100 per cent value on exchange of old gold. This offer is available at all Tanishq stores in Odisha from May 29 to June 2.

UAE gold prices on the rise ahead of Eid Al Fitr festival

  • - 28 May 2019 9:53 AM

Spot gold increased by 0.2 per cent to $1,286.89 an ounce on Monday, while rates at the souks and other retail outlets increased by more than Dh 1 

Platinum prices set to fall, giving impetus to higher sales

  • - 27 May 2019 5:32 PM

Imports expected to climb up to 18 per cent to 7.08 tonnes this year as platinum has become cheaper by Rs 8,090 per 10 gm when compared to gold  

Indian investors lead the pack as investors in Dubai’s gold business

  • - 27 May 2019 10:49 AM

Despite a slump in demand for gold jewellery across the UAE in 2018, Dubai's gold, jewellery and diamond sales reached Dh274 billion, an increase of about three compared to 2017

Lala Jugal Kishore creates social media ripple this Akshay tritiya

  • - 24 May 2019 5:05 PM

The brand launched Gold Crush, a unique selfie contest as a part of their CRM initiative. The contest was aimed to enhance the customer engagement on the social media platforms of the brand.

SBI launches gold loan scheme for gems and jewellery sector

  • - 23 May 2019 3:11 PM

Manufacturers will be able to obtain gold locally from Surat thanks to loan facilities which offers various discounts on existing interest rates

Ahead of election results, jewellers and traders stock gold

  • - 23 May 2019 9:37 AM

Jewellers seem to be stocking gold as the price level is comfortable and there is no premium on gold. Investors too are seen taking an interest in gold. 

 

Shaya launches their new collection Aloha: A Summer Party Like No Other

  • - 21 May 2019 10:24 AM

Shaya by Carat Lane offers handcrafted jewellery in gold-plated 925 Sterling Silver with Red & Green Aventurine stones. The collection features 44 designs consisting of earrings, necklaces, rings, bracelets, hair accessories, anklets & toe rings.

Tanishq offers combo offers to its patrons

  • - 17 May 2019 11:05 AM

With attractive offers like upto 25% off on making charges of gold jewellery and diamond jewellery, Tanishq aims to make the most of the upcoming wedding season  

Improved risk sentiment causes gold prices to drop

  • - 17 May 2019 10:44 AM

Strong US data and corporate results coupled with firmer dollar responsible for biggest one day percentage loss in a month

Lacklustre demand causes gold prices to fall by Rs 135

  • - 16 May 2019 10:54 AM

Owing to boost in financial markets, investors look towards equities causing drop in gold prices

Uzbekistan key supplier of gold to India

  • - 13 May 2019 11:11 AM

According to a report by WGC, Uzbekistan emerged as the largest sellers of bullion with sales amounting to 6.2 tons in Jan-March 2019  

Rise in equity markets cause gold prices to slip

  • - 11 May 2019 10:19 AM

The yellow metal saw a slight decrease in prices, however positive global cues resctricted the fall

WGC advises Government to lay down regulations for purchase of digital gold

  • - 10 May 2019 11:45 AM

While the World Gold Council (WGC) has set voluntary guidelines for all countries, they have instructed respective country Governements to form their own regulatory norms  

Bangalore based jeweller creates limited edition idol for Akshay Tritiya

  • - 06 May 2019 3:54 PM

Jeweller C. Krishniah Chetty crafts limited edition idols of Lord Swarna Akarshana Bhairava in gold, silver and diamond variant

Jewellers see some respite after a below average quarter this Akshaya Tritiya; double digit growth in sales expected

  • - 06 May 2019 9:21 AM

The excitement around Akshaya Tritiya may not be the same as it was a decade ago, however, a majority of the people still believe in the ‘auspiciousness’ of gold. Surprisingly, diamond jewellery demand is also seeing an upward demand

Indian elections hamper gold demand in Q1: WGC

  • - 03 May 2019 9:48 AM

World Gold Council (WGC) states that ongoing elections may act as headwin for gold demand due to restrictions on persons carrying cash exceeding Rs 50000. 

Global gold demand up 7%: WGC

  • - 02 May 2019 3:24 PM

In the first quarter of 2019, global gold demand grew to 1.053.3t according to World Gold Council's latest Gold Demand Trends report.   

UAE’s gold jewellery sales up 6%

  • - 02 May 2019 10:50 AM

The 10.7 tonnes they sold over the three months is the best quarterly performance since Q4-17

Ethical gold rush: Why brands now seek guilt-free jewellery

  • - 23 April 2019 1:42 PM

As high-end consumers demand to know the origin of their treasures, some jewellers are ensuring they use responsibly sourced, eco-friendly or recycled gold

 

SWAROVSKI brand partners showcase timeless appeal of Swarovski Zirconia at GJIIF- Chennai

  • - 23 April 2019 10:24 AM

Capturing the trends of upcoming season Swarovski’s brand partners launch gold Jewellery collection with Swarovski Zirconia 
 

India gold smuggling slowed by election seizures of cash, bullion

  • - 17 April 2019 10:43 AM

The slowdown in smuggling has boosted gold imports at banks in the world’s second-biggest buyer of the precious metal, allowing them to charge a premium over global prices

Jewellers bat for standardisation in hallmarking of gold to avoid confusion

  • - 15 April 2019 8:29 AM

The All India Gem and Jewellery Domestic Council (GJC) has urged the consumer affairs ministry for standardisation in hallmarking purity across the country

 

Shekhar Raja Jewellers launches first time in Jabalpur, a brand “YUG” by Tanvi Gold Cast an exclusive gold jewellery embellished with Swarovski Zirconia

  • - 15 April 2019 8:18 AM

Shekhar Raja Jewellers has received overwhelming response through this launch and shop remained opened till 1 am for 3 days and had a good sales turnout

Senco Gold & Diamonds launches ‘Bangle Utsav 2019’

  • - 10 April 2019 10:02 AM

Customers can choose from more than 5000 exquisite designs to choose from

Gold rises on jewellers’ buying

  • - 02 April 2019 10:43 AM

In the international market, gold was trading lower at $1,289.83 an ounce and silver at $15.10 an ounce in New York.

Rivana Gold & Diamond brings Spring Summer Edit Inspired by Flora Fauna

  • - 29 March 2019 8:47 AM

Rivana Gold & Diamond, an affordable couture diamond Jewellery brand has been crafting diamond jewels for the ambitious Indian woman of today

Orra announces its anniversary sale

  • - 28 March 2019 3:37 PM

With 25% off on diamond jewellery and on making charges of gold
jewellery, the sale will ensure the best value at every buy

Forevermark Unveils the Red Carpet Edition at Rivana Gold & Diamonds

  • - 14 March 2019 11:44 AM

Rivana Gold and Diamonds, renowned for their couture designs unveiled a Red Carpet Edition crafted in Forevermark Diamond this Women’s Day

Malabar Gold & Diamonds wins 3-year defamation case against Delhi-based television channel

  • - 13 March 2019 11:53 AM

Court orders TV channel to pay Rs 50 lakh compensation to Malabar Gold and Diamonds in fake news case

Anmol introduces ‘Viviera’, a ‘Prêtlightful’ Jewellery collection

  • - 12 March 2019 10:11 AM

Paying homage to extravagance of life, this prêtlightful collection brings with it a luxurious charm exuded by rose & white gold

Kundan Gold Refinery forays into jewellery segment; invests Rs 60 cr

  • - 06 March 2019 11:39 AM

The new brand will be first of its kind hand-crafted gold jewellery adorned with cubic Zirconia from Swarovski

Income Tax Officials Raid Malabar Gold & Diamonds Coimbatore Branch

  • - 27 February 2019 4:34 PM

40 officials are involved in the investigation at the recently opened Malabar Gold & Diamonds store in Coimbatore owing to an alleged tax evasion.

New federal order bans extension of gold savings schemes beyond 365 days

  • - 26 February 2019 9:50 AM

According to a new federal order, there is a ban on unregulated deposit plans where in the consumers are promised installment waivers

Reliance Jewels dazzles Dehradun with its flagship showroom

  • - 21 February 2019 5:04 PM

The premium showroom is located in the shopping district and is spread across 1650 square feet with mesmerizing Interiors & an exquisite display of Gold & Diamond Jewellery Collections

SWAROVSKI GEMSTONES™ TROPHY & FASHION PARTNER FOR GJC’s NATIONAL JEWELLERY AWARDS

  • - 15 February 2019 1:21 PM

Swarovski brand partners AMY Exports & Imports bags the Gold Bridal Jewellery of the Year and Mrs. Shakthi Srinivasan from Emerald Jewel Industry honored with Women Entrepreneur Award of the Year at the NJA 2018 by GJC

Rivana Gold & Diamonds undertakes unique initiative to woo its customers for Valentine's Day

  • - 13 February 2019 1:30 PM

The experts educated Rivana patrons on getting glowing skin and staying fit during a one hour interactive session on account of Valentine's Day.

Uma Ornaments will showcase the 'Composite & Curves' Collection at IIJS Signature

  • - 07 February 2019 12:40 PM

This IIJS Signature, Uma Ornaments, leading manufacturer of fine diamond jewellery will present stunning diamond pieces set in rose and white gold. 

Global gold-backed ETFs continued their strong growth in January

  • - 07 February 2019 11:44 AM

The report talks about how despite some improvement in the stock markets, gold continued its momentum from Q4 2018

Titan Jewellery Division Q3 Profit up by 37%; continues to emerge successful in a dull market scenario

  • - 05 February 2019 11:25 AM

Golden harvest and gold exchange schemes are growth drivers, in addition to CaratLane recording a 43% growth, primarily due to network expansion

Highest central bank buying in 50 years drives 4% growth in gold demand in 2018

  • - 01 February 2019 1:46 PM

Global gold demand reached 4,345.1 tonnes (t) in 2018, up 4% on 2017 and in line with five-year average demand of 4,347.5t, according to the WGC's latest Gold Demand Trends report. 

Swarovski Brand Partners With Jewellers in Bengal International Jewellery Show 2019

  • - 17 January 2019 11:29 AM

Swarovski partners with Anmol Jewellers HYD, Yug by Tanvi Gold Cast, Zar Jewels, Pure Platinum and Gunjan Jewels

Swarovski Brand Partners Start 2019 with a Big Bang at GGJS

  • - 08 January 2019 10:14 AM

Swarovski partners with AMAN Ornaments, FIO - By Aldora and Tanvi Gold Cast LLP at GGJS, Ahmedabad

Gem & Jewellery Exporters Exempted from 3% IGST on supply of Gold by Nominated Agencies from January 1, 2019

  • - 03 January 2019 9:31 AM

The GST Council recently announced that gem & jewellery exporters will no longer have to pay 3% IGST to nominated agencies (banks) from 1st January 2019.

Bahrain to Introduce VAT from January 1

  • - 31 December 2018 3:13 PM

The purchase of gold and silver jewellery and the charges paid for making of the jewellery would be subject to VAT, pearls and gemstones would be zero rated subject to certification by the competent authority determining its nature.

New gold policy soon; aims to promote yellow metal, jewellery exports: Govt

  • - 28 December 2018 10:46 AM

The domestic industry has demanded a cut in import duty on gold to 4% from the current 10%

 

Exemption from GST on Gold Supplied to Jewellery Exporters

  • - 25 December 2018 11:49 AM

Large amounts of working capital were earlier being blocked on account of exporters having to pay IGST upfront and then apply for refunds

Pantone Picks ‘Living Coral’ as the Colour of the Year for 2019

  • - 06 December 2018 1:25 PM

Pantone deems ‘living coral’ as an animating and life-affirming coral hue with a golden undertone that energizes and enlivens with a softer edge.

S. Zaveri & Sons, Mumbai - Launches The Aadhya Collection

  • - 04 December 2018 10:23 AM

The collection sees a mix of Bridal & Trousseau Gold Antique Necklaces, Bangles, Polki (Uncut Diamond) Rings, Earrings, Bangles, etc.

Radhika Apte unveils Rivana Gold & Diamonds latest edition ‘Noya’

  • - 03 December 2018 11:28 AM

Mumbai based couture jewellery house Rivana Gold & Diamond launches ‘Noya’ a diamond collection for the upcoming season.

Jalgaon Adores and Adorns Jewels Showcased At the Diamond And Gold Exhibition Organized By Karan Kothari Jewellers

  • - 30 November 2018 12:38 PM

Luxury Jewellery brand Karan Kothari Jewellers received an outstanding response for the much anticipated diamond and gold exhibition and sales event held at Jalgaon. 

World Gold Council appoints David Tait as incoming Chief Executive Officer

  • - 28 November 2018 3:47 PM

The World Gold Council, the market development organisation for the gold industry, today announced the appointment of David Tait as incoming Chief Executive Officer.

The 80:20 Scheme Works well for SEZs but not DTAs Say Jewellers

  • - 27 November 2018 12:09 PM

SEZs outperform DTA in gold jewellery export owing to beneficial zero-duty structure. The industry demands for a reduction in customs duty.

2nd India Gold & Jewellery Summit Seeks to Solve Issues Plaguing the Industry

  • - 23 November 2018 2:01 PM

The Summit was inaugurated by Suresh Prabhu, Hon’ble Minister of Industry & Commerce who spoke of the importance of strengthening our exports market.

Ghanasingh BE TRUE launches new couture bridal collection "Vintage Treasures"

  • - 23 November 2018 10:24 AM

This collection is a limited edition collection of excuisite jhumkis, raani haars, gold chokers with open polki settings, haathphools, diamond chandelier earrrings, pretty pastel chaandbalis, uncut tennis bracelet, diamond tennis bracelet and all the wedding season must haves.

Mahesh Diamond, Dealer of Swarovski Zirconia, Launches Store in Hyderabad

  • - 22 November 2018 6:08 PM

A timeless appeal of Swarovski Zirconia is a popular trend in gold and silver jewellery in India.  

World Gold Council and MMTC-PAMP launch India’s first ‘Precious Metals Assay and Training Institute’

  • - 20 November 2018 5:09 PM

The World Gold Council and MMTC-PAMP India Pvt. Ltd. have jointly launched the ‘Precious Metals Assay and Training Institute’ (PMATI) to develop a new generation of skilled assayers. 

Falguni Mehta’s new trousseau collection makes the season even brighter

  • - 17 November 2018 12:58 PM

With the striking usage of antique gold and jadau, Falguni has created a line of exquisitely attractive jewellery that empowers women and further brings out the inner glow of those who wear it.

Govt to soon make hallmarking of gold sold in India mandatory

  • - 16 November 2018 10:20 AM

India has over 220 BIS-recognised assaying and hallmarking centres; and maximum of them are located in Tamil Nadu, followed by Kerala.

 

Being Human Jewellery Launches Its First Exclusive Store in Chandigarh

  • - 09 November 2018 11:29 AM

The store houses an enthralling range of fine jewellery catering to varied tastes. Elegantly designed, Being Human Jewellery comprises of light-weight collections in plain gold, diamonds, and coloured stone pieces. 

Govt relaxes export norms for select goods used in jewellery-making

  • - 09 November 2018 11:01 AM

Earlier, exports of any kind of gold jewellery or related items containing gold of 8 carats, and above, up to a maximum limit of 22 carats were permitted. 

Dhanteras Sales Sluggish as Buyers Turn Cautious about Skyrocketing Gold Prices

  • - 06 November 2018 3:46 PM

Retailers witness 20-30 dip in sales; lightweight, everyday wear jewellery moved well

This festive season, ORRA has you covered with jewellery for every occasion!

  • - 03 November 2018 9:59 AM

ORRA’s recently introduced collections including its Falaq collection which comprises of a range of diamond studded bridal necklace sets in rose, white and yellow gold, where in the sparkling stars are symbolized by scattered diamonds, fine gold elements represent the sunlight and the diamond motifs signify the moonlight.

“Hallmark makes it gold” says Bureau of Indian Standards in their new Hallmarking campaign

  • - 02 November 2018 11:33 AM

A holistic marketing campaign aims to create awareness amongst consumers to buy hallmarked gold during festive season.

Gold demand steady in Q3, as central banks and consumer purchases offset ETF outflows2018

  • - 01 November 2018 12:20 PM

 Lower gold prices saw retail investors take refuge in bars and coins, while jewellery purchases increased in India, China and across South-East Asia.

Raniwala 1881 Launches the Dreamy Moorish-Inspired Zahira Collection, In Time for the Festive Season

  • - 31 October 2018 2:29 PM

Inspired by traditional zellige tiles, ornamental domes and ogees, each jewel is a bold play on geometric shapes and traditional Moroccan colours in Raniwala’s signature flat-cut polki diamonds, gold jadau and delicate meenakaari work.

PNG Jewellers launches 2nd Franchise store in Pimple Saudagar, Pune

  • - 31 October 2018 11:14 AM

The new store will offer a wide range of PNG's signature gold, silver and diamond jewellery.

This Party season, Let diamonds do the talking with Rivana Gold & Diamonds Cocktail Edition

  • - 26 October 2018 5:33 PM

The pieces are curated in 18K gold where various tones of metal including white, yellow and rose are blended craft fully.        

Aisshpra Gems & Jewels Charms the City Of Nawabs with Enchante 10 in Lucknow

  • - 25 October 2018 10:43 AM

With an eclectic display of royal bridal baubles, Enchante 10 evoked grandeur with its 22K gold jewellery replete with contemporary designs.

Culture & Luxury meets divinely in the Motiwala & Sons’ Temple Jewellery Collections

  • - 18 October 2018 10:19 AM

With divine forms of Gods and Goddesses etched on it, this resplendent Temple Jewellery Set symbolizes and celebrates the prosperity and good fortune assured by pure gold, diamond and pearl jewellery from the heirlooms of Motiwala & Sons.

Malabar Gold & Diamonds to Triple Number of Outlets to 750

  • - 10 October 2018 4:41 PM

Malabar Gold & Diamonds to expand its 2,700 plus-strong investor base by attracting investors from North and Central India to spearhead its India-wide and global expansion as it celebrates Silver Jubilee

Busy days at COUTURE INDIA as Day 3 Begins

  • - 01 October 2018 11:40 AM

The three-day business boutique show caters to designer, jadau, polka, diamond, gold jewellery.

Titan's arm Tanishq to sell branded silver jewellery

  • - 21 September 2018 9:54 AM

Titan's arm Tanishq said it would sell branded silver jewellery along with gold jewellery for the discerning young women in the Indian market.

WGC to submit blueprint on spot gold exchange to govt soon

  • - 20 September 2018 12:28 PM

The World Gold Council (WGC) said it will soon submit the blueprint on spot exchange for yellow metal to the government.

Senco Gold & Diamonds Brings to Light the Beauty of ‘Karigari’ in India with its Brand New TVC

  • - 14 September 2018 3:30 PM

The TVC with four different avatars of women essayed beautifully by actor Vidya Balan draws a connection between jewellery craftsmanship and the real, everyday women who adorn the craft.

Payal Gold’s 30th Anniversary Grand Prize Announced

  • - 12 September 2018 4:59 PM

Rajan Rastogi from Jugal Kishore Jewellers, Lucknow was declared as the winner of grand prize “Honda Amaze”.

Duty-paid gold imports drop 31.56 pc in Apr-July: MMTC-PAMP

  • - 05 September 2018 11:40 AM

The duty-paid gold imports into India, the world's second biggest buyer of the precious metal, declined by 31.56 per cent to 168 tonnes during the April-July period of this fiscal due to sluggish demand.

Niti Aayog Suggests Slashing Import Duty, GST On Gold

  • - 27 August 2018 11:04 AM

The Government think tank Niti Aayog has suggested that the Government bring down import duty on gold from the existing level of 10 percent and also slash the Goods and Service Tax rate on the precious metal from the current 3 percent.

Relief for Jaipur Exhibitors as IT-Dept. Assures Release of IIJS Goods

  • - 16 August 2018 3:27 PM

Almost 600Kgs of gold and 3500Kgs of Silver goods were detained by the Customs Department at Jaipur Airport.

“Domestic Gold Council to be formed with 12 industry members”: Pramod Agrawal

  • - 09 August 2018 2:39 PM

The 35th edition of India International Jeweller Show begins with increased number of booths and exhibition area.

Aram Shishmanian to step down as CEO of the World Gold Council in 2019

  • - 03 August 2018 1:53 PM

The World Gold Council has today announced that Aram Shishmanian will be stepping down as Chief Executive Officer next year after 10 years of leadership.

Slowdown in ETF inflows drives 4% decline in gold demand in Q2 2018

  • - 02 August 2018 12:15 PM

Global gold demand remained muted in Q2 2018 at 964 tonnes (t), 4% below the same period in 2017, according to the World Gold Council’s latest Gold Demand Trends report. Slower inflows into gold-backed exchange-traded funds (ETFs) created a weak comparison against the highs of last year, contributing to the lowest H1 demand since 2009. Whilst China, the world’s largest gold market, saw a 7% rise in consumer demand.

Palak Jewellers, a Dealer of “Yug” - Branding Partner of Swarovski, Opens Store in Chhattisgarh

  • - 27 July 2018 11:23 AM

The new store will offer all variety of jewellery like YUG embellished with Swarovski Zirconia, plain gold, antique and exclusive handmade bangles.

Khurana Jewellery House creates awareness drive ‘Afreen’ to instill consumer confidence & promote transparency

  • - 24 July 2018 4:50 PM

In an effort to promote transparency and regain consumers’ trust, Khurana Jewellery House took it up on itself to collaborate with 150 women to impart knowledge on jewellery, including gold and diamonds, where and how it’s sourced, hallmarking, how jewellery is being made and more. 

A Golden Opportunity for Gem & Jewellery Workers in Sinhudurg: Suresh Prabhu

  • - 24 July 2018 11:12 AM

GJEPC organizes skill training programme for Gems & Jewellery Sector

PNG Jewellers Presents its Biggest Offer on Hallmark Gold Jewellery!

  • - 25 June 2018 2:06 PM

Avail of making charges at Rs 199 per gram at PNG Jewellers stores across Maharashtra.

Gold Prices Fall For Second Straight Day: 5 Things To Know

  • - 22 June 2018 11:52 AM

Globally, gold fell 0.17 per cent to $1,265.66 an ounce.

Falling Rupee, Higher Prices To Impact Jewellery in Short-Term

  • - 20 June 2018 10:29 AM

In the short-term, geopolitical tensions especially between the U.S. and China would continue to impact the diamond sector, while rising prices and a falling rupee would weigh negatively on the gold jewellery segment, says Care Ratings report

World Gold Council Holds Investment Summit with NYU Stern Business School

  • - 14 June 2018 1:43 PM

The Investment Summit considered major shifts in relation to the long-term investment landscape and explored how they could be addressed.

Smuggling act invoked against three in gold jewellery diversion case

  • - 12 June 2018 10:47 AM

Provisions of the stringent Cofeposa have been invoked against the three accused, including the father and son duo, allegedly involved in diversion of gold jewellery meant for export.

China's jewellery market – quietly improving: WGC

  • - 07 June 2018 9:43 AM

Fuelled by an expanding economy and rising wealth, China's gold jewellery demand has boomed since the early 2000s.

South Korea seeks relaxation from India on gold and silver imports

  • - 04 June 2018 2:54 PM

The two nations implemented a free trade agreement in January 2010. Under the pact, basic customs duty on gold was eliminated.

 

Indian Government Likely to Import Gold From Russia On Bond Basis To Help Jewellery Sector

  • - 01 June 2018 10:25 AM

Under the 'bonded basis' imports, the duty free consignment will not be allowed for domestic use and the entire gold will have to be exported after value addition.

Dillano Luxurious Jewels Presents Uncut Unicus Collection

  • - 23 May 2018 11:18 AM

Beautifully crafted wrist cuffs, bangles, rings and heavy earrings look regal in yellow gold.

India's demographics to boost gold jewellery demand: WGC

  • - 21 May 2018 10:00 AM

The gold jewellery demand is likely to face pressure in the long term, however, the country's demographics will offset the trends and boost demand, the World Gold Council (WGC) said in a report today.

The 30-year view: examining the future of gold

  • - 17 May 2018 12:37 PM

The World Gold Council today launched a one-off essay collection, Gold 2048, bringingtogether industry-leading experts from across the globe to analyse how the gold market is set to evolve in the next 30 years.

Gold jewellery demand may fall by 2-4% this year

  • - 08 May 2018 10:40 AM

However, in value terms, the demand for gold jewellery is likely to register a growth of 5-7 percent during the year, rating agency Icra said in its report.

Gold refineries likely to be set up on Hyderabad outskirts

  • - 26 April 2018 11:19 AM

Unrefined gold from Africa is expected to be imported by the companies by air and transported to the refineries under strict security for production of gold dores.

LITTLE TREASURES – GEMPETIT LAUNCHES A FLAGSHIP EXPERIENCE STORE WITH A NEW COLLECTION

  • - 24 April 2018 12:05 PM

Gempetit, an online jewellery brand launches its flagship store with timeless pieces crafted in 18-karat gold, especially designed for infants, kids and teens.

 

Less Glitter this Akshaya Tritiya Owing to High Gold Prices

  • - 19 April 2018 12:21 PM

Spiralling yellow metal price has marred the Akshaya Tritiya spirit across most cities with sales showing a downturn this Wednesday.

The House of MBj brings to you a series of meticulously handcrafted Gold jewellery collection "KANAKAM"

  • - 18 April 2018 2:30 PM

This Akshay Tritiya celebrate the festival of prosperity with the House of MBJ.

Akshaya Tritiya 2018: Invest in Gold Choker, Statement Jewellery Neckpieces

  • - 18 April 2018 11:49 AM

Modern women are bending towards unique jewellery pieces which help them create a fashion statement. 

A TOUCH OF BRILLIANCE, A PIECE OF LEGACY: KARPAGAM JEWELLERS BRINGS ITS ART AND CRAFT TO MUMBAI

  • - 12 April 2018 10:46 AM

With over 80 years of experience in perfecting and polishing the art of gold crafting, the gem of the South, ‘Karpagam’ has found its way to maximum city. 

YUG by Tanvi Gold Cast – A branding partner of SWAROVSKI Gemstones™ organized Dealers meet 2018 in Rajkot, Gujarat

  • - 11 April 2018 11:48 AM

Swarovski Gemstones™ and Tanvi Gold Cast honour the valued dealers of YUG, embellished with Swarovski® Zirconia

Motiwala & Sons Reveals Pearl Jewellery Collection

  • - 10 April 2018 3:43 PM

The collection features pearl necklaces designed intricately with the pure gold, diamond, emerald and other precious stones.

CaratLane’s Madhubani Collection is a pictorial symphony in gold

  • - 03 April 2018 2:26 PM

Rediscover the Art on a Canvas of Gold!

ED & CBI should probe 35 jewellery houses for misusing the 80:20 gold import scheme

  • - 03 April 2018 11:10 AM

The revenue secretary and top officials of the ED, the Central Board of Direct Taxes and the Central Board of Excise and Customs had appeared before the panel.

 

Manubhai Jewellers embarks a Golden Era with an array of chokers

  • - 22 March 2018 9:26 AM

Luxury Jewellery brand, Manubhai Jewellers known for pushing boundaries with every collection brings with them a range of sculptural chokers.

Chennai-based Kanishk Gold dupes 14 banks to the tune of Rs 842.15 Cr

  • - 21 March 2018 2:57 PM

Kanishk Gold Pvt Ltd has been declared as fraud by bankers; SBI’s complaint copy insinuates that the company has defrauded 14 banks to the tune of Rs 842.15 Cr.

No proposal to review gold import policy, says Govt

  • - 21 March 2018 10:15 AM

The Government said that there is no proposal to review the gold imports policy as inbound shipments of the metal have remained high.

Green is the New Gold Standard

  • - 14 March 2018 1:03 PM

Being ethically conscious and socially responsible are being increasingly talked about as a means to enhancing your brand equity and profits. There are companies that have hit the billion-dollar mark with sustainability as their core agenda. By incorporating social responsibility and sustainability as part of one’s marketing strategy, jewellery brands too can reap benefits while doing whatever little they can in making the world a better place to live in says Vijetha Rangabashyam

Flowerage by Dillano Jewels: Assortment of Spring Summer specials

  • - 12 March 2018 12:53 PM

Crafted in white and yellow gold encrusted with scintillating gemstones this collection is a mélange of earrings and rings that reflect panache and simplicity.

Bawa Jewellers launches Mesmeric Charm Set

  • - 23 February 2018 9:33 AM

Bawa Jewellers unveils its stunning looking handcrafted Gold and Diamond Petal/Flower Pendant set ‘Mesmeric Charm’ in a very unique and exclusive design.

Malabar Gold & Diamonds opens New Showroom in Noida

  • - 19 February 2018 10:55 AM

With this, the global tally of showrooms have gone up to 212.Bollywood star Anil Kapoor has inaugurated the brand new facility located at Sector18 in Noida. 

“YUG” – by Tanvi Gold Cast launches gold Jewellery collection embellished with SWAROVSKI ZIRCONIA

  • - 14 February 2018 10:49 AM

Tanvi Gold Cast LLP is a new branding partner of SWAROVSKI GEMSTONES™

Union Budget Favourable for Gold but Detrimental for the Diamond & Gemstone Industry Owing to Doubling of Customs Duty to 5 Per Cent

  • - 01 February 2018 4:45 PM

While announcements for gold seemed positive, the industry mourns the Government’s decision to increase customs duty to 5 per cent on polished diamonds as well as gemstones.

Cryptocurrencies are no substitute for gold: World Gold Council

  • - 25 January 2018 2:49 PM

Bitcoin’s parabolic price rise was the big story of 2017 – putting the spotlight on the cryptocurrency market. While gold’s performance was a solid 13%, it was a fraction of the 13-fold increase of bitcoin by the end of the year.

Commerce ministry for slashing gold import duty in Budget

  • - 18 January 2018 12:28 PM

The commerce ministry has pitched for reduction in import duty on gold in the forthcoming Budget with an aim to promote gold jewellery exports, a senior government official said.

Dell unveils shiny and new sustainable strategy, with push into jewellery trade

  • - 17 January 2018 9:42 AM

Dell’s gold reclamation service has a 99% lower environmental impact than traditionally mined gold.

Salman Khan graced P.N.Gadgil Jewellers’ 27th store launch in Pimpri, Pune

  • - 16 January 2018 10:55 AM

This 6000 sq. ft. large format showroom showcases an extensive and exquisite collection of hallmarked gold, silver and diamond jewellery that depicts the rich heritage of P.N.Gadgil Jewellers.

Encourage Bullion Investments in Post Offices: IBJA

  • - 15 January 2018 11:30 AM

The Indian bullion dealers and jewellers have requested the government to begin gold accumulation schemes through post offices.

ORRA's exquisite bridal jewellery line at Aashka-Brent wedding

  • - 15 December 2017 1:22 PM

Telly actress Aashka Garodia married beau Brent Goble in an intimate ceremony. Adorned with stunning jewellery from ORRA, Aaskha looked no less than an angelic bride draped in brilliant diamonds and dazzling gold.

Manubhai Jewellers launches Jewellery in Rose Gold

  • - 06 December 2017 1:57 PM

Manubhai Jewellers delights your work week with PINK – A Rose Gold Jewellery Collection to glam up every day work wear.

GJEPC India Gold & Jewellery Summit: Focuses on all the Important Issues Plaguing the Industry

  • - 02 December 2017 10:51 AM

With an interesting mix of industry and non-industry experts, the first day of the summit definitely proved to be a learning platform for industry personnel says Vijetha Rangabashyam.

Let us utilize our large Human Resources to supply handcrafted jewellery all over the world, said Commerce minister Suresh Prabhu at India Gold and Jewellery Summit

  • - 01 December 2017 3:42 PM

The India Gold & Jewellery Summit will cover topics such as value addition through jewellery manufacturing, merchandising and marketing and trends, among others.

Experience the legendary weave in gold & diamonds with CaratLane’s Banarasi Brocade collection

  • - 29 November 2017 4:10 PM

Crafted in 18kt gold, CaratLane’s Banarasi Brocade collection draws inspiration from the craft that originated in this city.

Gold demand falls 9% to 915t in Q3 as ETF inflows slow from unprecedented highs in 2016

  • - 09 November 2017 1:07 PM

Global gold demand in Q3 2017 was 915 tonnes (t), a drop of 9% compared with the same period in 2016, according to the World Gold Council’s latest Gold Demand Trends report.

The Dal Lake is translated into High luxe jewels by Jaipur Gems

  • - 03 November 2017 2:58 PM

The Dal Lake collection is set in 18K rose and yellow gold with lustrous rubies and evergreen emeralds with white flawless diamonds.

A Grand Gold Summit to be held in New Delhi in December

  • - 30 October 2017 10:23 AM

‘India Gold & Jewellery Summit’ to be held on 1st & 2nd December, 2017 at Vigyan Bhawan, New Delhi.

Investing in gold schemes, beware of company ratings

  • - 27 October 2017 3:11 PM

Recently, CARE had moved Nathella Sampath Jewellery to ‘Default’ rating based on the available public information

Hallmarking of Gold to become compulsory soon!

  • - 14 October 2017 7:26 PM

In a move to ensure only quality gold is sold to customers, hallmarking will soon become compulsory.

Jewellery stocks shine, surge up to 5.3%

  • - 10 October 2017 10:41 AM

Jewellery stocks rose up to 5.3 per cent on hopes that gold sales will pick up pace during Diwali with the government saying PAN will not be mandatory on the purchase of jewellery for over Rs 50,000.

Dedicated to Jewellery - TBZ- The Original, Vashi

  • - 19 September 2017 12:39 PM

Renowned for its innovative designs and craftsmanship in gold and diamond jewellery, TBZ-The Original recently shifted its Vashi Store in the same locality. Kavita Parab walks you
through the store.

Rs 750 Cr Lalithaa Jewellery showroom inaugurated in Hyderabad

  • - 28 August 2017 9:20 AM

A 1.35 lakh sq. ft showroom has gold, silver and diamonds in the offing.

Government restricts import of gold, silver items from South Korea

  • - 26 August 2017 11:44 AM

The importers will now have to obtain a license from the Directorate General of Foreign Trade (DGFT) for importing gold and silver from South Korea.

GJF reacts to Economic Survey referring gold GST rate being ‘low’

  • - 17 August 2017 3:59 PM

Economic Suvery Volume II 2016-17 stated that 3 per cent GST on gold is low and are disproportionately consumed by the ‘very rich’.

Govt bans export of gold items above 22-carat purity

  • - 17 August 2017 8:24 AM

The government has banned exports of gold jewellery, medallions and other articles above 22-carat purity in a bid to check round tripping of the precious metal.

Being Human Jewellery unveils lightweight jewellery collection in 18K gold

  • - 14 August 2017 4:29 PM

The jewellery is inspired by Being Human’s 6 core brand values as love, care, share joy, help and hope.

Bridal Bijoux by MK Jewels

  • - 11 August 2017 12:11 PM

White gold and yellow gold used thoughtfully, with hints of sapphire, ruby, pearls and other precious stones lends an ethereal look to the collection.

Chennai based Jewellers Request for GST Exemption on Certain Ornaments

  • - 10 August 2017 2:09 PM

Chennai based jewellers approach Chief Minister Edappadi K.Palaniswami for GST exemption on a few gold and silver ornaments.

Nakshatra World Launches Nizam Jewellery in LumineuxUno Gold

  • - 01 August 2017 9:44 AM

Antique Polki Jewellery for Special Occasions Crafted in New Age Precious Metal.

A Shining Talisman-Journey of the Mangalsutra

  • - 17 July 2017 12:14 PM

A mark of an everlasting bond, tying the Mangalsutra has been an auspicious tradition followed in most marriages for centuries in India. Originally a Hindu tradition, the mangalsutra has become such a universal symbol in Indian weddings that over time, other religions have also adopted the tradition of tying the mangalsutra. Mostly made in gold, the meaning and history behind the mangalsutra is profound, and has different cultural implications in different parts of India. While in some parts of India, people still uphold the traditional way of adorning the propitious piece of jewellery, in some parts, people have acclimatized to new and modern designs of wearing the mangalsutra. By Vijetha Rangabashyam.

Malabar’s move of not to Impose GST on Customers Induces Stress among Competitors

  • - 12 July 2017 10:20 AM

Many Kerala-based jewellers have expressed their angst regarding Malabar Gold & Diamond’s decision of waiving GST for the customers.

Rivierea unveils its gold Peacock set

  • - 11 July 2017 2:36 PM

The handcrafted gold Peacock set has a very unique and exclusive design.

TBZ-The Original Launches New Store at Vashi

  • - 30 June 2017 11:17 AM

The showroom is spread across an area of 2,984 sqft with two levels showcasing an array of Gold and Diamond jewellery.

Build necessary infra to boost jewellery sector: Nirmala

  • - 19 June 2017 12:16 PM

India, whose forte lies in crafting intricate handmade gold jewellery, should capitalise on this opportunity by building necessary infrastructure, Commerce and Industry Minister Nirmala Sitharaman said.

Malabar Gold to invest Rs 2,000 cr to open 80 stores in 2017

  • - 19 June 2017 12:05 PM

Expecting better sales after the new uniform taxation regime GST, Malabar Gold & Diamonds has drawn up a Rs 2,000 crore expansion plan to open 80 more stores this financial year. 

At 3% GST rate, gold jewellery demand to be unaffected, says Icra

  • - 08 June 2017 1:01 PM

The 3 percent tax on gold jewellery is not likely to cause any major disruption to the overall gold demand, ICRA said in a report.

Government considering banning of 24 K Gold Export

  • - 08 June 2017 10:54 AM

Banning of 24-carat jewellery may help prevent misuse of bank funds and round-tripping of gold according to finance ministry.

Gold firms up by Rs 160 on global cues

  • - 07 June 2017 2:18 PM

Maintaining an upward trend for the third straight session today, gold prices rose by Rs 160 to Rs 29,750 per 10 grams at the bullion market 

Minawala launches dual tone gold jewellery

  • - 31 May 2017 10:40 AM

Minawala launches Fire & Ice, dual tone gold jewellery.

Demonetization hasn't deterred gold purchase in India; Indian gold demand accounted for 1/5th of world gold demand says WGC

  • - 30 May 2017 1:11 PM

WGC latest report shows that Indian gold demand supported world gold demand in the first quarter of 2017.

ANMOL brings in an intricate range of lightweight jewellery for every day celebrations

  • - 25 May 2017 11:47 AM

The ‘Stardust’ collection comprises of dainty earrings, rings and pendant sets meticulously handcrafted in 18K Rose Gold and embellished with sparkling diamonds in graceful and contemporary designs.

Billionaire Firoz Merchant of Pure Gold to To Pay For Expat Prisoners' Tickets

  • - 23 May 2017 3:25 PM

Firoz Merchant promised to provide USD 130,790 a year to fund the air tickets for released prisoners, to help them go back to their country and reunite with their families.

Baselworld 2017 – A Cornucopia of Colours

  • - 23 May 2017 1:02 PM

Baselworld 2017 witnessed plenty of gold and an outburst of colourful gemstones apart from the usual fare of diamonds. As usual, designs exhibited a sense of eccentricity, breaking free from the realm of tradition, though most of them were practical in terms of form and wearability. Here is a roundup of jewellery that really caught our attention this year. By Vijetha Rangabashyam.

Gold Rush-Akshay Tritiya

  • - 22 May 2017 6:14 PM

Cash flow normalising, the buyers thronged to buy gold and jewellery on the Akshay Tritiya,
reports Kavita Parab.

Design Paradise-Anand Shah for Golden Jewelers

  • - 22 May 2017 1:07 PM

Some design need no introduction and such are the creations of design maverick Anand Shah. He has devoted followers to his designs. One such ardent follower, Dipak Vaghani has brought his designs to Surat through franchise route for the first time in an exclusive store. Kavita Parab takes you through this independent store.

PMI showcases Variety of New Designs, Innovative Creations and Extraordinary Jewellery Collections in Gold & Diamond

  • - 19 May 2017 9:51 AM

An opportunity for distinguished Hand-made Jewellers, Manufacturers and leading Retailers.

Tiffany & Co. launched Tiffany HardWear in 18K Gold & Sterling Sliver

  • - 08 May 2017 10:30 AM

The new Tiffany HardWear collection presented in the campaign embodies the strength and spirit of the modern woman, imbued with the soul of New York. 

India gold demand up 15%, says World Gold Council

  • - 04 May 2017 5:02 PM

Indian jewellery demand consumed a 15 per cent higher - 124 t of gold jewellery due to RBI’s remonetisation buoying consumer sentiment.

Celebrate Akshay Tritiya with SLG’S Exquisite Gold Collection

  • - 27 April 2017 5:03 PM

Each Jewellery piece is being crafted in 22 kt gold and embellished with the diamond and white gold.

Navrathan Celebrates Akshaya Tritiya with Gold and Diamond jewellery

  • - 27 April 2017 9:37 AM

This Akshaya Tritiya, shoppers can bring home endless prosperity with temple jewellery from Navrathan Jewellers.

Trading hours extended for gold ETFs, SGB for Akshaya Tritiya

  • - 25 April 2017 10:45 AM

Trading in gold ETFs will resume at 1630 hrs and continue till 1900 hrs after the markets close at 1530 hrs.