RBI Bolsters Gold Reserves by $5.6 Billion in Q2 Amid Global Economic Uncertainties
In a strategic move reflecting heightened global economic uncertainties, the Reserve Bank of India (RBI) significantly bolstered its gold reserves by $5.6 billion during the April-June quarter
India's Gem & Jewellery Exports in April-August 2022 Rise by 10% to Rs. 130440.39 crores Y-O-Y
“The cumulative growth in gems & jewellery for the period April – August 2022 is attributed to the robust performance of plain gold jewellery and studded jewellery, which witnessed a growth of 28.73%” Vipul Shah, Chairman, GJEPC
Indian G&J Exports Witness 10% Y-o-Y Growth to INR 51,050.53 Crore in April-May 2022
India on the way to become the gem and jewellery manufacturer of choice for the rest of the world, says Colin Shah
Crisil: Revenue of gold jewellery retailers set to rise 12%-15% next fiscal
This will follow a strong revenue growth of 20-22% expected in FY22, albeit on a lower base of the pandemic-impacted previous fiscal
IIJS Signature 2022 -- Russia-Ukraine tensions on participants’ minds as gold prices go up
This might be a good time to invest in gold as the conflict between Russia and Ukraine may not subside fully, even if diplomatic talks succeed. In case a war-like situation comes about, gold prices are very likely to zoom, says Suneeta Kaul
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