Zoya Celebrates A Legacy Of Designing And Crafting Timeless Masterpieces For Over A Decade
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
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
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?
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
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
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’
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
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
India’s jewellery demand has increased by 10-20% this month
Senco Gold & Diamonds Expands Its Retail Footprint in Uttar Pradesh
Launches an exclusive D’SIGNIA showroom in Prayagraj
Economic Recovery Likely To Boost Gold Demand In India This Year: WGC
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
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%
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
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
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
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
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
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
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
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
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
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
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
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
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
Festive demand still on in Indian markets, jewellery retailers happy
‘Jewelry Is the New Embroidery’
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
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
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
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
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
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
- The Gems and Jewellery sector pioneer to open nine new retail outlets
- Adds 23,000 sqft of retail space for customers this festive season
Strong Growth In Global Investment Demand For Gold In Q3 Partially Offset Weakness Elsewhere As Consumers Battled The Effects Of COVID-19
Global gold demand dropped by 19% y-o-y to 892t in Q3
Reliance Jewels Unveils The New Utkala Collection For This Festive Season
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
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
Verma Jewellers of Solan, Himachal Pradesh has launched ‘Golden Bond Season 2’ from October 17
Celebrate Durga Puja with Senco Gold & Diamonds’ ‘Shakti’ Collection
Senco Gold & Diamonds unveiled an exclusive range today named ‘Shakti Collection’ for Durga Puja
Pure Price Offer To Protect Customers Against Uncertainty
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?
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
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
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
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?
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
- * 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
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
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
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
Australian gold production has recovered strongly
Gems & Jewellery Export Promotion Council Suggests Changes To Gold Deposit Scheme To Make It More Attractive
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
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
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
Unlike gold, silver prices show greater fluctuation and so does its demand and supply
True or Not Thursday
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
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
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”
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
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
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)
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
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
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
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
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
Important suggestions which need to be considered before formulating any policy related to gold refining
World Gold Council Launches Retail Gold Investment Principles
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
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
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
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
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
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
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
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
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
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
Introduces various technological initiatives to enrich customers’ experience
Reliance Jewels Unveils Its Latest Precious Stones Gold Jewellery Collection for Varalakshmi
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
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
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
IIFL Finance,leading non-banking finance companies has launched Digital Gold Loan
World Gold Council Expects India’s H2 Consumer Demand To Remain Soft
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%
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
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%
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
Restrained retail demand for gold in India compels dealers to offer discount on purchase of gold
Investment in Gold Escalates
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
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
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
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
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
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)
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
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
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
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
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
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
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'
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
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'
- * 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
- * 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
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
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
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
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
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
PNG Jewellers launches pure price offer and Vedhani E-Vouchers to facilitate gold buying for Akshay Tritiya
Senco Gold & Diamonds Assures Price Protection Guarantee
This Akshaya Tritiya, Senco Gold & Diamonds introduces price protection guarantee for all its customers
Indian Gold Demand could Hit Three-decade Low
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
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
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
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
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'
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
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?
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
Retail investors scout for gold bars and coins as a safe investment option
Gold Prices During Ongoing Pandemic
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
Malabar Gold & Diamonds presents special Mother’s Day collection as a tribute to motherhood
Malabar Gold to Increase Outlets in India and abroad
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
This initiative will bring in transparency and build confidence in buyers and bankers
India's Gold Imports Suffer as Prices Hit Record High
India’s gold imports plunged 41 per cent, as compared to previous year
Titan confirms demand unaffected by rising gold prices or coronavirus
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
The summit held discussions on topics ranging from bullion banking, finance crunch, technology to innovation
Reliance Jewels unveils its new ‘Wedding Collection’
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
It caters to jewellery of every kind from gold, polki, jadau to diamond jewellery
Diwali, Dhanteras Unlikely To Lift Gold Sales For Jewellers
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
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
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
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
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
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
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
Retail sales grew 15 percent year-on-year (YoY) due to increased impetus towards advertising
Indian jewellery industry in recession, job losses likely: GJC
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
The collection comprises of spectacular chandbali earrings, jhumkas with pearl tassels, necklaces and floral gold bangles
PNG Jewellers brings "The Pure Price” Offer
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
Alongside, they said, some people have used the opportunity to exchange old gold for cash as well
PNG Jewellers celebrates Ganeshotsav with Vignaharta collection
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
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
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
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
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
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
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
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
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
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
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
"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
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
The showroom has an extensive collection of traditional and modern designs in tune with the taste of jewellery lovers
Reliance Jewels launches Aabhar Collection
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
Security controls have been tightened on 17 international flights originating from Vishakapatnam airport
Titan Share Prices down 10.8% due to rising gold prices
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
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
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
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
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
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
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
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
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
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%
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
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
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
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
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
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
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
Seven persons arrested after searches at domestic cargo terminal revealed gold bars weighing 32.28 kilograms
New Tanishq stored launched in Hyderabad
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
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
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
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
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 $1,343.86 on Wednesday
Forevermark hosts a business transformation programme for authorized retailers at London School of Economics and Political Science in Shanghai
Some of the retailers who attended the program included, Indian Gems and Jewellery Creation, Senco Gold, Anmol, A.S. Motiwala, Khurana Jewellery House, C. KrishniahChetty& Sons, Abaran Timeless Jewellery, KirtilalKalidas Jewellers, Narayan Jewellers, Bholason Jewellers, Rose, PMJ Jewels, Nikkamal, Mehta Emporium and D P Abhushan.
Senco Gold & Diamonds launches new range of jewellery and unveils exciting offers to celebrate Eid
The new ‘noor-e-jashn’ collection ranges from Necklace, Pendant, Earrings and made of Gold, Pearl & Color Stones with Mughal jafri essence
Trade expects new government to upgrade gold as asset class
The trade is also expecting that government will make an effort to increase banking to the gem and jewellery sector, which has been facing the brunt of the banks after the infamous Nirav Modi scam
April gold jewellery export rise by 11.41%
Exports of gold jewellery (both studded and plain) during the month were up to US$ 908.98 million from US$ 815.90 million a year earlier
Candere by Kalyan Jewellers introduces new 'Sunkissed' collection
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
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
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
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
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
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
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
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
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
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
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
Owing to boost in financial markets, investors look towards equities causing drop in gold prices
Uzbekistan key supplier of gold to India
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
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
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
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
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
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
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%
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
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
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
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
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
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’
Customers can choose from more than 5000 exquisite designs to choose from
Gold rises on jewellers’ buying
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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’
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
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
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
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
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"
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
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’
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
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
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
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
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
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!
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
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
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
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
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
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
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
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
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
The three-day business boutique show caters to designer, jadau, polka, diamond, gold jewellery.
Titan's arm Tanishq to sell branded silver jewellery
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
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
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
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
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
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
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
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
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
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
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
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
GJEPC organizes skill training programme for Gems & Jewellery Sector
PNG Jewellers Presents its Biggest Offer on Hallmark Gold Jewellery!
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
Globally, gold fell 0.17 per cent to $1,265.66 an ounce.
Falling Rupee, Higher Prices To Impact Jewellery in Short-Term
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
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
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
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
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
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
Beautifully crafted wrist cuffs, bangles, rings and heavy earrings look regal in yellow gold.
India's demographics to boost gold jewellery demand: WGC
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
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
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
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
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
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"
This Akshay Tritiya celebrate the festival of prosperity with the House of MBJ.
Akshaya Tritiya 2018: Invest in Gold Choker, Statement Jewellery Neckpieces
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
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
Swarovski Gemstones™ and Tanvi Gold Cast honour the valued dealers of YUG, embellished with Swarovski® Zirconia
Motiwala & Sons Reveals Pearl Jewellery Collection
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
Rediscover the Art on a Canvas of Gold!
ED & CBI should probe 35 jewellery houses for misusing the 80:20 gold import scheme
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
‘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
Recently, CARE had moved Nathella Sampath Jewellery to ‘Default’ rating based on the available public information
Hallmarking of Gold to become compulsory soon!
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%
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
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
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
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’
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
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
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
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
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
Antique Polki Jewellery for Special Occasions Crafted in New Age Precious Metal.
A Shining Talisman-Journey of the Mangalsutra
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
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
The handcrafted gold Peacock set has a very unique and exclusive design.
TBZ-The Original Launches New Store at Vashi
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
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
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
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
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
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
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
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
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
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
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
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
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
An opportunity for distinguished Hand-made Jewellers, Manufacturers and leading Retailers.
Tiffany & Co. launched Tiffany HardWear in 18K Gold & Sterling Sliver
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
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
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
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
Trading in gold ETFs will resume at 1630 hrs and continue till 1900 hrs after the markets close at 1530 hrs.
Celebrate Akshaya Tritiya at Bangle Fest by Manubhai Jewellers
As Akshaya Tritiya, one of the most auspicious day for buying gold approaches, Manubhai Jewellers announces luxurious designs at its ‘Bangle Fest’.
AhilyaJewels.com launches its eclectic Gold Plated Collection on the occasion of Akshaya Tritiya
Keeping up with the tradition, AhilyaJewels.com introduces you to their most eclectic Gold Plated Collection this Akshaya Tritiya.
Say ‘I do’ with exquisite new designs in gold from ORRA
ORRA one of India’s most preferred brands when it comes to jewellery, launches an exciting collection of bridal jewellery set in gold.
CaratLane opens its 2nd store in Gurgaon at Gold Souk Mall
For a brand that’s on a mission to democratize access to jewellery, this store launch is another step forward in expanding its retail footprint and making its jewellery more accessible.
Payal Gold launches new designer bangle collection
The company’s recently launched Athira Bangles & Myrah Handmade Bangles are the collection of designer bangles boasting of their finest craftsmanship.
Reliance Jewels announces exciting offers this Akshaya Tritiya
Upto 50% off on making charges of gold jewellery & Upto 30% off on Diamond Jewellery.
CaratLane launches modern gold jewellery for Akshaya Tritiya
CaratLane, India’s leading omni channel jeweller launches a new range of 22Kt gold jewellery inspired by tradition.
Being Human Jewellery Launches Harmony Collection
Being Human Jewellery launches Uniquely crafted jewellery in 18 Ct. gold and natural diamonds and is now available on Amazon.
Montegrappa Memory Pens
Produced in pearlised yellow celluloid, with either sterling silver or solid 18K gold parts, the Memory Pen is as fascinating as the topic that stimulated its creation.
Dwarkadas Chandumal Jewellers presents Spring-Summer Collection
Meticulously crafted in 18K white gold, precious stones like ruby, white diamonds, blue sapphire, emerald and pearls are encased aesthetically to restore the imperial essence of your ethereal beauty.
Gold, silver recover on renewed demand
Standard gold (99.5 purity) advanced by Rs. 50 to end at Rs. 29,195 per 10 grams from last Friday’s level of Rs. 29,145.
Resplandor: Diamond jewellery collection by Minawala
Incased in 18K white gold, these luxurious diamonds exudes the radiance of a sophisticated woman.
Malabar Gold lines up Rs. 1000cr for expansion, mainly overseas
In term of capex, Rs. 400 crore will be invested in the country and the rest will be overseas.
West Bengal Government plans Jewellery Park for demonetization-hit gold
The proposed jewellery park is slated to come up on an 8-acre plot beside Belgharia Expressway in West Bengal.
This Season Celebrate the timeless bond of love with Manubhai Jewellers Diamonds
The collection is a diverse range of 18K white and yellow gold diamond baubles with baguette, cabochon and marquise rubies, traditional and contemporary necklace sets with pearls and a pendant sets with blends of polki and red enameling.
This Season of Love, Tanya Rastogi curates a Hearty Collection
The collection flirts with various textures and tones of 18K yellow, rose and white gold capturing the spirit of love.
India’s gold demand hits 7 year low says World Gold Council Report
Gold demand in the country has suffered drastic downfall by 21 per cent mainly because of demonetization.
This Valentines gift a special jewellery crafted in Lumineux Uno
Lumineux Uno, the New Age special metal that is an amalgamation of platinum, palladium, silver and gold and is four times more precious, with an extra lustre and strength.
Government may revive colonial-era gold mines with $2 billion reserves
The revival of Kolar mines is expected to help the government bring down its import bill.
Malabar Gold & Diamonds plans expansion worth Rs. 620 crore
Company’s investment reflects its strong confidence in the gold and diamond jewellery market despite challenging global economy
Old is gold! ORRA promises to make your gold even more precious
ORRA has launched exciting offers on gold jewellery that will run until the 17th of February. Patrons will be privy to offers on exchange of gold jewellery as well as flat discounts on making charges.
Demand for gold in India falls by 28% in Q3, says WGC report
World Gold Council demand trend report for Q3 of 2016
CaratLane presents an exclusive collection of Christmas Charms
This collection boasts of timeless Christmas charms such as snowflakes, which are intricately etched in pure 18K white gold and bedazzled with sparkling diamonds, which are sure to melt your heart at first glance.
GJSCI’s Recognition of Prior Learning(RPL)– Goldsmith, receives an overwhelming response
Felicitation of first batch in esteemed presence of Rajiv Pratap Rudy at EduJobs Academy
CRM Initiative by Lala Jugal Kishore Jewellers, ‘Swarnaratri’ receives an overwhelming response!
During the festive season, to add up to the festivity, Lala Jugal Kishore Jewellers introduced ‘SwarnaRatri’ contest where 9 lucky winners got the opportunity to win Gold Coins (1 each day).
A Few Golden Steps Towards a Gold Census: MP Ahammed
The demonetization move aims to reduce India’s dependence on Gold imports, which has a direct bearing on current account deficit and rupee value.
Winter Charms: A collection of exquisite jewels from Aurelle by Leshna Shah
Encased in conscious confines of white diamonds and metal of milder hues of (18K) yellow and white gold, precious stones of vivid rubies, emeralds, yellow-champagne diamonds and pearls appear as dollops of surprise in the frosty background.
Amended I-T Act exempts jewellery/gold purchased out of disclosed income
The Amended I-T Act will also not apply to tax ancestral jewellery and gold.
Is Gold the New Currency?
Demonetization of Rs. 500 and Rs. 1000 currency notes
Hallmarking of gold, silver jewellery voluntary: Govt
The setting up of A&H centres is a market driven activity which depends on the commercial viability as assessed by the entrepreneurs.
Reliance Jewels Bridal Collection Encapsulates the Grandeur of Indian Weddings
The latest wedding collection includes Bridal sets in Diamond and Gold, Statement Earrings, Rings with a blend of Gold, Colored Gemstones and Diamonds.
Ghanasingh Be True Presents Its Latest Cocktail Collection for the New Year
The cocktail collection – The Golden Touch - comprises of stunning ear cuffs, elegant palm bracelets and knuckle busters, body chains and asymmetrical wraps around the neck and cascade cocktail earrings.
Is gold all set to get its sheen back?
Gems and jewellery industry welcomes PM Narendra Modi’s decision to ban Rs. 500 and Rs. 1000 currency notes.
Malabar Gold & Diamonds launches expanded Doha store
The showroom was carefully designed to offer an easy and memorable shopping experience to every customer that visits the store.
Muthoot Group launches ‘Fair Play Gold Coin’
Crafted with finesse, the gold coins are a unique collector's item and a cherished gift especially in the ongoing festive season.
This Diwali, go to BlueStone.com ATM that dispenses gold coins
Delhi and Bangalore receive their first gold ATM’s this festive season
Senco Gold & Diamonds teams up with Divine Solitaires
Hosts “Buy 1 Get 2 Diamonds Exhibition”; offer can be availed in five Senco Gold & Diamonds showrooms across Kolkata
It’s raining offers at Reliance Jewels
Free Shagun Gold Coin, Offers on Diamond & Gold Jewellry, Cashback and many more
Centre plans four GST slabs; 4% levy on gold
Goods- or services-wise classification will only be done once the states agree to the slabs
Suhani Pittie launches men’s jewellery
Plated with 22K Gold or 92.5 Silver, the new line speaks of true luxury fit for the style-savvy men
Dazzling Festive Collection by VELVETCASE.COM
Finely crafted in yellow and white gold, these pieces are encrusted with diamonds, pearls and gemstones like rubies, sapphires, emeralds and polki.
Anmol designs a contemporary, chic & elegant jewellery collection -‘Wisteria’
The ‘Wisteria’ Collection by Anmol celebrates new beginnings, growth, eternity, love and beauty with the eternal sparkle of diamonds and precious gemstones set in yellow, white and rose gold.
PNG Jewellers' Futuristic Bombay Ring
Made in 18K White gold and Blue Cubic Zirconia, the beguiling beauty of the skyscrapers of today's Mumbai is captured in every gold unit of the ring while the blue colour stones all around capture the essence of this sea fringed city alive and buzzing wit
Jewellery Connoisseur Tanya Rastogi brings back Awadhi Royalty to life with Bridal Jewellery Collection
The statement collection is handcrafted to perfection and includes an array of Haars, Chokers that are carved in 18K gold using precious stones like Uncut Diamonds, Rubies & Emeralds.
CaratLane introduces playful designs reinventing gold tassels
Discover CaratLane’s all new collection - Sway
PNG Jewellers celebrates Dajikaka Gadgil’s Birth Anniversary with Think Pure awards
The event was also celebrated with the launch of PNG app which will keep the customers updated about current Gold rates, PNG’s latest offers, loyalty program, store locator & status of their orders.
Chinese Actress Zhang Ziyi wears Nirav Modi jewels At the 41st Toronto Film Festival
Zhang Ziyi exuded sophistication and glamour in an Elie Saab creation paired with an exceptional NIRAV MODI 18K White gold Celestial Bracelet with Emerald-Cut Diamonds, Fancy Yellow Cushion Earrings in 18K White and Yellow Gold that center upon a 3-cara
Rajesh Wadhawan Group teams up with IBJA to launch IBJA Gold - India’s first exclusive Gold Coin Store
IBJA Gold coins are truly unique and are easily customisable according to your taste and requirement.
Prima Gold selected as an “Honouree for The JNA Awards 2016”
With designs inspired by nature, each Prima Gold product is a remarkable heirloom quality creation that can be passed down from generation to generation.
E-commerce giant Gold24.in launches in India
They mainly have four sub-categories of their offerings that comprise of fashion jewellery, silver jewellery, diamond jewellery and precious jewellery.
PC Jeweller inaugurates its 65th showroom in Delhi
The showroom exhibits large collection and varieties of gold, diamond and silver jewellery.
P. Mangatram Jewellers offers wide assortment of studded jewellery for the season
Each of designs is crafted in eclectic mix of 22K gold, embellished in rubies, emeralds and uncut diamonds.
Gold extends gains on sustained jewellers' buying
Increased buying by jewellers to meet rising festive season demand from retailers at domestic spot market mainly kept gold prices higher.
All cash purchases of gold to come under IT scanner
The guidelines will require the jeweller to keep a tab on buyers making jewellery purchases of Rs. 2 lakh or more a year from his shop.
Trendy cuffs by Sangeeta Boochra
All Silver Centerre products are made in pure sterling silver 925 or 22K gold.
Reliance Jewels Celebrates 9 Glorious Years in the Jewellery Industry with Exciting Offers for Its Patrons
Pre-Booking Options Protect Consumers Against Rapidly Changing Gold Rates
SLG Jewellers presents ‘Vivah’ - The Bridal Jewellery
Vivah - unique and impressive bridal jewellery is royal ensembles made up of 14 and 18K gold and kundan sets in 22K gold.
Gehna Jeweller’s Exquisite Lapel Pin symbolises Victory
This exclusive piece is a victory lapel pin studded with diamonds and is set in 18K gold.
Be the ‘Golden Bride’ with Manubhai Jewellers
The Golden Bride is Manubhai Jewellers yet another attempt to create memorable moments for their customers.
WHP Jewellers creates an experimental range of Limited Edition Signature Jewels
The collection comprises of four contemporary classics that present Mother Nature in four different avatars and captures its spellbinding glory and are casted in precious metals like Yellow and White Gold, and Platinum.
Drops of pearls by Sangeeta Boochra
Earrings are handcrafted in 18K gold, studded with diamonds and south sea pearls
It's raining offers at Johri this July
Make a purchase over Rs. 50,000 and get a 1gm gold coin for just Rs. 111.
Gehna Jewellers launches all new Rose Gold Blush Collection
Delicately hand-finished, the new collection is infused with a beautiful rose colour and escalates your luxury collection with these pieces of beauty.
New gold jewellery resale rule leaves Doha traders worried
According to the proposed regulations, jewellery shops are expected to consider gemstones used in gold jewellery as gold when customers resell used ornaments.
Simon G. Jewelry presents new Wedding Band Collection for All Love
The collection features a range of styles available in 14K and 18K White, Yellow and Rose gold, as well as platinum with unique diamond designs for customers to choose from.