As Akshaya Tritiya approaches—a festival traditionally associated with prosperity, wealth, and new beginnings—jewellery houses across India are preparing for a surge in gold purchases. Among them, PP Jewellers by Pawan Gupta has unveiled a new gold collection aimed at marking the occasion with designs that blend tradition and contemporary appeal

As the festive season approaches, the Indian gold market is showing promising signs of recovery, despite facing challenges from record-high prices and recent fluctuations in demand

India's recent gold import duty cut is expected to spark a surge in gold demand during the upcoming festive season. With duties reduced from 15% to 6%, the move aims to make gold more affordable for consumers and boost retail purchases amid the peak wedding and festival period

Finance Minister Nirmala Sitharaman’s Budget has been hailed by the gems and jewellery industry, with stakeholders calling the duty cuts a long-awaited step in the right direction

Saptam is a reflection of the Diwali’s true essence of togetherness, love, festival spirit, prosperity, new beginnings, enthusiasm, and delicacy, all centered around the core theme of grace

Gems & Jewellery Sector Commits to Elevating Trust, Transparency, Sustainability, Traceability, and Responsible Sourcing Through Self-Governance

However, gold consumption increased to 797.3 tonnes in 2021, the highest in the past five years, according to the WGC

The on-going festive season is acting as a force multiplier for sales in the jewellery sector, and retailers are laughing all the way to the bank, finds out Suneeta Kaul

Retail demand has been weak across the country for the past few days

Dealers were charging a premium of up to $2 an ounce over official domestic prices, inclusive of 10.75% import and 3% sales levies, compared to last week's $3 premiums

The gem and jewellery industry has once again proved to the world that we are full of our ability to face any adversity and emerge a winner: Piyush Goyal, Union Minister of Commerce & Industry and Railway

Every year, festive season sees a surge in demand for jewellery. The real litmus test on the relationship the Indian people have with jewellery, gold in particular will be seen in the coming months 

As per the study by India Ratings and Research (Ind-Ra) to assess effect of lockdown on retail jewellery sector -- it said the effect was 'dampening'

Based on insights gained from the G & J industry in the current situation, we have articulated eight challenging scenarios, which jewellery retailers may have to face in the near future. R Sugandha compiles solutions offered by select retailers from across the nation