US consumers will be sensitive to tariff-related price increases: Paul Zimnisky
The recent imposition of steep tariffs by the Trump administration on diamonds imported from India has sent ripples across the US diamond jewellery sector. India being the primary supplier of polished diamonds to America, the world’s largest consumer market, the tariffs have caused supply chain disruptions, and are likely to lead to rising product costs. Prices are expected to go up, once the existing inventory depletes, unless a deal is reached between the US and India. Suneeta Kaul speaks with Paul Zimnisky, renowned diamond industry analyst, to gain insights into the fallout of the tariffs, and how they are reshaping buying behaviour and pricing strategies in the US.
Jewellery Stocks Rally for Fifth Consecutive Session on Value Buying and Festive Optimism
Shares of leading jewellery companies continued their upward momentum for the fifth straight session on Wednesday, driven by value buying, favourable gold prices, and anticipation of strong demand in the upcoming festive and wedding season.
Deccan Gold Mines Shares Dip After Rally on Jonnagiri Project Boost
Shares of Deccan Gold Mines Ltd saw a 4% decline in Monday’s trading session, as investors booked profits following a sharp rally last week
Senco Gold and Kalyan Jewellers Stocks Surge 3% as Festive Season Approaches
Shares of Senco Gold and Kalyan Jewellers saw a 3% surge on September 2, 2024, as investor enthusiasm builds ahead of the festive season. Both stocks experienced significant gains during the day's trading, reflecting strong market optimism and increased trading activity
Jewellery Stocks Glitter for Second Consecutive Day Following Customs Duty Reduction; Kalyan Jewellers Soars 15%
Jewellery stocks continued their upward momentum for a second straight day on Wednesday as investors responded positively to the reduced customs duties
Gold Import Restrictions Impact Major Indian Jewellery Stocks
Titan Slips, Senco Gold Hits All-Time High, Kalyan Jewellers Jumps as Government Restricts Gold Jewellery Imports
RBZ Jewellers' Stock Achieves 5% Upper Circuit for Fourth Consecutive Session Post Listing
RBZ Jewellers' stock price reached the 5% upper circuit, yielding a remarkable 21% return for dedicated shareholders who held their investments despite the stock listing at par value
DGCX Waives Fees for Its Shari’ah Compliant Spot Gold Contract
The Dubai Gold & Commodities Exchange (“DGCX”), the largest and most diversified derivatives exchange in the Middle East, has announced that it is waiving fees for its Shari’ah Compliant Spot Gold Contract (contract symbol: “DGSG”).
What the fastest-growing companies do that you're not doing
The jewellery industry in India is highly competitive and fragmented. Some entities tend to do well, while some get into a rut. Priyanka Talreja Garegrat identifies some key elements of successful companies in the industry
Tried and tested growth drivers to boost sales
Retailers are citing several growth drivers that give an impetus to sales, ranging from improving systems and procedures within the company, to better social media management, and promotion and communication, says Suneeta Kaul
The Indian jewellery company Joyalukkas has pulled out its $278 million initial public offering (IPO)
Joyalukkas has withdrawn its $278 million initial public offering (IPO) saying it needed more time
India's gold imports for January have hit a 32-month low, plummeting 76% from the previous year's numbers
The country imported 14.6 tonnes of gold in January 2023, down from 61.5 tonnes in January 2022. The lower demand for gold has affected not only India's import figures but also global gold prices, which fell on the news of India's reduced imports.
Hansa Report: Business Worth Rs 49407 Crores Conducted at IIJS Premiere 2022
The study by GJEPC’s commissioned research agency revealed IIJS Premiere contributes on average 23% of the country’s annual gems and jewellery sales
Gold Mid-Year Outlook 2022
World Gold Council’s report reveals research findings on gold rates, factors affecting investors, gold demand and comments on other important findings
IIJS Tritiya postponed to March 2023, says GJEPC
According to GJEPC, the rescheduling of different jewellery shows in India has resulted in the show calendar in India becoming very busy for the month of March-April 2022, and so IIJS Tritiya has been postponed
