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

  • - 27 July 2020 1:27 PM

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

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

  • - 11 July 2020 3:48 PM

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

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

  • - 01 April 2020 11:30 AM

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

Gold Prices During Ongoing Pandemic

  • - 20 March 2020 10:36 AM

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

Titan confirms demand unaffected by rising gold prices or coronavirus

  • - 02 March 2020 11:28 AM

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

Coronavirus Scare Causes Decline in Gem and Jewellery Exports

  • - 26 February 2020 12:53 PM

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

Demand for gold jewellery to remain subdued in FY2020: ICRA

  • - 01 January 2020 12:54 PM

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

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

  • - 18 December 2019 3:56 PM

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

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

  • - 05 December 2019 11:23 AM

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

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

  • - 26 October 2019 6:49 PM

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

30% cancel orders for jewellers as gold prices fluctuate

  • - 21 October 2019 12:46 PM

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

Jewellery stocks shine on stock market despite soaring gold prices

  • - 30 August 2019 4:31 PM

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

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

  • - 26 August 2019 10:50 AM

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

WGC: Jewellery demands may face headwinds during Diwali

  • - 21 August 2019 2:32 PM

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

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

  • - 19 August 2019 10:08 AM

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


 

 

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

  • - 06 August 2019 10:32 AM

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

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

  • - 24 July 2019 10:37 AM

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

Titan Share Prices down 10.8% due to rising gold prices

  • - 09 July 2019 2:20 PM

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

Gold prices are expected to trade lower today: Angel Commodities

  • - 08 July 2019 1:57 PM

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

Gold prices slip as jewellers hold on fresh buying

  • - 18 June 2019 5:19 PM

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

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

  • - 28 May 2019 9:53 AM

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

Improved risk sentiment causes gold prices to drop

  • - 17 May 2019 10:44 AM

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

Lacklustre demand causes gold prices to fall by Rs 135

  • - 16 May 2019 10:54 AM

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

Rise in equity markets cause gold prices to slip

  • - 11 May 2019 10:19 AM

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

Dhanteras Sales Sluggish as Buyers Turn Cautious about Skyrocketing Gold Prices

  • - 06 November 2018 3:46 PM

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

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

  • - 01 November 2018 12:20 PM

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

Less Glitter this Akshaya Tritiya Owing to High Gold Prices

  • - 19 April 2018 12:21 PM

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

Gold firms up by Rs 160 on global cues

  • - 07 June 2017 2:18 PM

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

Gold extends gains on sustained jewellers' buying

  • - 17 August 2016 3:04 PM

Increased buying by jewellers to meet rising festive season demand from retailers at domestic spot market mainly kept gold prices higher.

Akshay Tritiya Sales: Mixed bag; high international gold prices play a spoiler

  • - 11 May 2016 2:58 PM

Maharashtra had average response while model code of conduct lead to drop in sales in Chennai.

10-20 % rise in sales on Akshaya Tritiya

  • - 22 April 2015 6:19 PM

Gold rules the sales due to continued weak gold prices boost the gold bars/coins and jewellery sales on Akshay Tritiya day. Diamonds, too, find buyers on the auspicious day.

Akshaya Tritiya churns buyers despite high gold prices

  • - 22 May 2010 2:46 PM

New collections, discounts and promotions attract buyers

Akshaya Tritiya expected to bring rise in gold jewellery sales

  • - 16 March 2010 12:33 PM

Stabilised gold prices and rising consumer confidence may push sales

Solid gold buying increases, sale of jewellery decreases

  • - 16 November 2009 1:23 PM

The rising gold prices are keeping jewellery consumers cautious

Jewellers consider reducing gold caratage in jewellery to combat high gold prices

  • - 13 November 2009 12:19 PM

The gold caratage is being reduced from 18 carats to 14 carats

Rising gold prices may affect imports

  • - 05 November 2009 1:10 PM

Jewellery retailers are already observing lower footfalls

All India Gems and Jewellery Trade Federation introduces SMS facility for gold prices

  • - 16 October 2009 12:36 PM

The initiative will help boost consumer confidence

Diamond jewellery purchase is gaining ground this festive season

  • - 14 October 2009 9:32 PM

Gold jewellery continues to attract buyers, but high gold prices call for caution

Is the Indian Industry Ready for 18kt Gold Jewellery ?

  • - 27 April 2009 6:35 PM

With the steep slide in the economy and exorbitant gold prices, 18kt. gold jewellery could be an attractive option

Italian jewellery industry predicts a mellow 2008

  • - 14 May 2008 11:56 AM

Unstable gold prices, US recession, account for anticipated low output

Dubai gold shopping reduces by 14%

  • - 14 January 2008 12:00 AM

Shoppers affected by risein gold prices, which touched $898.30 an ounce.

WGC says gold demand in India to be less this season

  • - 16 October 2007 12:00 AM

Attributes it to the 28-year hike in gold prices

Tanishq registers an increase in sales by 72 percent

  • - 15 October 2006 12:00 AM

The reduction in gold prices is the reason for the sudden increase in jewellery demand

Color stone industry facing major supply crises

  • - 23 August 2006 12:00 AM

Rising gold prices and less international demand responsible for market sluggishness

Rising gold prices pushes spending on gold to record high in Q2’06

  • - 19 August 2006 12:00 AM

Identifiable investment demand for gold surged 19% in tonnage

Experts foresee a stable future for gold prices

  • - 26 July 2006 12:00 AM

Analysts have predicted a stable short-term future for gold prices on July 24 2006 as political tensions in Middle East ease down.

Jewellery Scenario Reflects Confusion & Gradual Transition

  • - 27 June 2006 12:00 AM

With gold prices fluctuating unpredictably in the recent past people have become hesitant about going in for gold jewellery...

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