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
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?
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
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
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
WGC examines how the combination of high risk, low opportunity cost and positive price momentum looks set to support gold investment
Record high prices and coronavirus crisis have hurt physical gold demand in India, but investment demand for gold across the world remains robust
Most of us will eat into our reserves; we must not look at it as a loss, but an investment into the future: Chaitanya V Cotha, Executive Director at C.Krishniah Chetty Group Of Companies
Chaitanya believes that people have already adapted to the new normal; e-commerce will see a surge in the coming days and consumers will opt for affordable luxury where style and fashion play a role in purchase decisions
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
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
Omnichannel jewellery start-up eJOHRI raises $1 million funding in Pre-Series round Hong Kong based investor Rajesh Ranavat leads the investment
The investment will help jewellery retailers from over 100 cities in India access consumers across the country as well as overseas using eJOHRI’s digital platform
The Investment Summit considered major shifts in relation to the long-term investment landscape and explored how they could be addressed.
The project envisaged a total investment of Rs. 685 crore in three phases out of which the 1st phase investment would be around Rs. 209 crore.
It is the right time for NRIs to come to India for jewellery-related investments, says G. V. Sreedhar, GJF
India is well prepared to tackle the short-term volatility that could result from the outcome of Brexit.
Bullion India allows you to purchase gold for Diwali and other auspicious occasions with door to door delivery available for the smallest quantities purchased, I.e. 0.1gms.
Star-studded inauguration is not the only blaze of Kalyan Jewellers’ flagship showroom in Chennai. Apart from its huge size in terms of space and investment, it has much more to offer. Kunjal Karaniya brings you the USP of this new store.
It is a historical rarity that platinum prices are currently trading lower than gold. However, market inefficiencies have prevented this benefit from percolating down to Indian consumers of platinum jewellery. Though a unique investment opportunity has qu
The foreign investment proposal by Italian jewellery brand Damiani to set up a 51:49 joint venture with Mehta's Pvt Ltd has bagged the government's approval.
A host of factors make Ahmedabad a great place for the jewellery business, even as traditional jewellery with a strong investment value weighs heaviest in the consumer’s shopping bag, discovers Roli Gupta.
Although he declined to make any kind of precise forecast on the future price of the precious metal, Mr Godsell said that growing demand in the jewellery and investment sectors would have a positive bearing on the market.