Duty Hike on Gold, Silver Imports Puts India’s Jewellery Trade on Alert
As India raises gold import duty from 6% to 15% amid economic pressure and a weakening rupee, the jewellery industry is preparing for higher prices, evolving demand, and possible market disruption, discovers Khursheed Mistry.
GJC Opens Mumbai Office, Submits Gold Monetization Scheme Roadmap
The All India Gem & Jewellery Domestic Council inaugurated its Mumbai office on May 14 while urging industry support for revised gold duty measures and proposing a structured Gold Monetization Scheme roadmap.
Gold and Silver Prices Plunge Amid Mounting Economic Concerns
Gold and silver prices experienced a sharp decline on Monday, driven by growing economic concerns and a global market sell-off. The precious metals, which had recently reached new highs, are now grappling with volatility as investors react to weakening economic data and recession fears
The demand for silver jewellery may drop by 10% globally
Economic and geopolitical factors, including persistent tight US monetary policy and the Russian-Ukraine war, could pose challenges for the entire precious metals complex, including silver
The House of Rose procures 115 carat Colombian Emerald
La Regina is a single pear-shaped 115.76 carat Colombian Emerald, graciously suspended on a 3-line Diamond solitaire necklace in an intricately created Diamond casing.
57,500 carat 'emerald' fails to sell at auction
Controversies prevail over the stone's authenticity
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