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.
During the time of elections, Gem & Jewellery industry openly supported Narendra Modi as PM candidate as they felt he had the vision to bring back cheer in the industry. We, at Indian Jeweller, have done a survey to know how has been the last one year und
India has diamonds but no one has been mining them! The country’s government has now woken up to take charge. But with the upcoming general elections and the global financial crunch, it may not be a cake walk.
Two opposing groups stood for elections at the Rough Diamond Association (VHRD) today to determine who will represent the organisation on the board of Antwerps High Diamond Council (HRD).