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
The Investment Summit considered major shifts in relation to the long-term investment landscape and explored how they could be addressed.
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.
Fuelled by an expanding economy and rising wealth, China's gold jewellery demand has boomed since the early 2000s.
Silver also dropped on lack of demand from industrial users.
The two nations implemented a free trade agreement in January 2010. Under the pact, basic customs duty on gold was eliminated.
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.
Beautifully crafted wrist cuffs, bangles, rings and heavy earrings look regal in yellow gold.
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 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.
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 demand had a soft start to 2018, reaching 973 tonnes (t), the lowest first quarter since 2008.
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.
Gempetit, an online jewellery brand launches its flagship store with timeless pieces crafted in 18-karat gold, especially designed for infants, kids and teens.
Spiralling yellow metal price has marred the Akshaya Tritiya spirit across most cities with sales showing a downturn this Wednesday.
This Akshay Tritiya celebrate the festival of prosperity with the House of MBJ.
Modern women are bending towards unique jewellery pieces which help them create a fashion statement.
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.
Swarovski Gemstones™ and Tanvi Gold Cast honour the valued dealers of YUG, embellished with Swarovski® Zirconia
The collection features pearl necklaces designed intricately with the pure gold, diamond, emerald and other precious stones.
Rediscover the Art on a Canvas of Gold!
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.
Gold prices slipped for the second straight session at the bullion market, tracking a weak trend overseas amid fall in demand from local jewellers.
Luxury Jewellery brand, Manubhai Jewellers known for pushing boundaries with every collection brings with them a range of sculptural chokers.
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.
The Government said that there is no proposal to review the gold imports policy as inbound shipments of the metal have remained high.
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
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 unveils its stunning looking handcrafted Gold and Diamond Petal/Flower Pendant set ‘Mesmeric Charm’ in a very unique and exclusive design.
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.
Tanvi Gold Cast LLP is a new branding partner of SWAROVSKI GEMSTONES™
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.
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.
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’s gold reclamation service has a 99% lower environmental impact than traditionally mined gold.
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.
The Indian bullion dealers and jewellers have requested the government to begin gold accumulation schemes through post offices.
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 delights your work week with PINK – A Rose Gold Jewellery Collection to glam up every day work wear.
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.
The India Gold & Jewellery Summit will cover topics such as value addition through jewellery manufacturing, merchandising and marketing and trends, among others.
Crafted in 18kt gold, CaratLane’s Banarasi Brocade collection draws inspiration from the craft that originated in this city.
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 collection is set in 18K rose and yellow gold with lustrous rubies and evergreen emeralds with white flawless diamonds.
‘India Gold & Jewellery Summit’ to be held on 1st & 2nd December, 2017 at Vigyan Bhawan, New Delhi.
Recently, CARE had moved Nathella Sampath Jewellery to ‘Default’ rating based on the available public information
Gold Bullion Association says outlook for upcoming wedding season looks great in terms of sales.
In a move to ensure only quality gold is sold to customers, hallmarking will soon become compulsory.
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.
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.
A 1.35 lakh sq. ft showroom has gold, silver and diamonds in the offing.
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.
Economic Suvery Volume II 2016-17 stated that 3 per cent GST on gold is low and are disproportionately consumed by the ‘very rich’.
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.
The jewellery is inspired by Being Human’s 6 core brand values as love, care, share joy, help and hope.
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 approach Chief Minister Edappadi K.Palaniswami for GST exemption on a few gold and silver ornaments.
Gold prices eased by Rs 70 to Rs 29,350 per ten gram at the bullion market today owing to slackened demand from local jewellers and a weak trend overseas.
Antique Polki Jewellery for Special Occasions Crafted in New Age Precious Metal.
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.
Many Kerala-based jewellers have expressed their angst regarding Malabar Gold & Diamond’s decision of waiving GST for the customers.
The handcrafted gold Peacock set has a very unique and exclusive design.
Certain stores make a statement. They are grand, royal and splendid, all placed under one roof. Kalasha Fine Jewels, flagship store of CapsGold is one such regal treat for jewellery connoisseurs, finds out Kavita Parab.
The showroom is spread across an area of 2,984 sqft with two levels showcasing an array of Gold and Diamond jewellery.
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.
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.
Gold extended its downward movement for the fourth straight day as the prices fell Rs 70 to Rs 29,300 per 10 grams at the bullion market.
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.
Banning of 24-carat jewellery may help prevent misuse of bank funds and round-tripping of gold according to finance ministry.
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
GJEPC raising its concern over GST on Diamonds mentioned in a release that the move would cause a set-back to the export oriented diamond industry.
Minawala launches Fire & Ice, dual tone gold jewellery.
WGC latest report shows that Indian gold demand supported world gold demand in the first quarter of 2017.
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.
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 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.
Cash flow normalising, the buyers thronged to buy gold and jewellery on the Akshay Tritiya,
reports Kavita Parab.
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.
An opportunity for distinguished Hand-made Jewellers, Manufacturers and leading Retailers.
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.
Indian jewellery demand consumed a 15 per cent higher - 124 t of gold jewellery due to RBI’s remonetisation buoying consumer sentiment.
Each Jewellery piece is being crafted in 22 kt gold and embellished with the diamond and white gold.
This Akshaya Tritiya, shoppers can bring home endless prosperity with temple jewellery from Navrathan Jewellers.
Trading in gold ETFs will resume at 1630 hrs and continue till 1900 hrs after the markets close at 1530 hrs.
As Akshaya Tritiya, one of the most auspicious day for buying gold approaches, Manubhai Jewellers announces luxurious designs at its ‘Bangle Fest’.
Keeping up with the tradition, AhilyaJewels.com introduces you to their most eclectic Gold Plated Collection this Akshaya Tritiya.
ORRA one of India’s most preferred brands when it comes to jewellery, launches an exciting collection of bridal jewellery set in gold.
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.
The company’s recently launched Athira Bangles & Myrah Handmade Bangles are the collection of designer bangles boasting of their finest craftsmanship.
Upto 50% off on making charges of gold jewellery & Upto 30% off on Diamond Jewellery.
CaratLane, India’s leading omni channel jeweller launches a new range of 22Kt gold jewellery inspired by tradition.
Gold price dips owing to a decrease in demand from local jewellers overseas.
Being Human Jewellery launches Uniquely crafted jewellery in 18 Ct. gold and natural diamonds and is now available on Amazon.
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.
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.
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.
Incased in 18K white gold, these luxurious diamonds exudes the radiance of a sophisticated woman.
In term of capex, Rs. 400 crore will be invested in the country and the rest will be overseas.
The proposed jewellery park is slated to come up on an 8-acre plot beside Belgharia Expressway in West Bengal.
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.
The collection flirts with various textures and tones of 18K yellow, rose and white gold capturing the spirit of love.
Gold demand in the country has suffered drastic downfall by 21 per cent mainly because of demonetization.
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.
The revival of Kolar mines is expected to help the government bring down its import bill.
With this, the company is confident that India’s most desirable and profitable jewellery brand, Tanishq, will get even more desirable for customers and attractive to investors.
Company’s investment reflects its strong confidence in the gold and diamond jewellery market despite challenging global economy
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.
World Gold Council demand trend report for Q3 of 2016
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.
Felicitation of first batch in esteemed presence of Rajiv Pratap Rudy at EduJobs Academy
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).
The demonetization move aims to reduce India’s dependence on Gold imports, which has a direct bearing on current account deficit and rupee value.
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.
The Amended I-T Act will also not apply to tax ancestral jewellery and gold.
Demonetization of Rs. 500 and Rs. 1000 currency notes
The setting up of A&H centres is a market driven activity which depends on the commercial viability as assessed by the entrepreneurs.