All India Gem & Jewellery Domestic Council (GJC) hosted an inaugural one-day Gems and Jewellery Banking Summit at the Jio World Convention Centre in Mumbai

This exclusive coin celebrates the rich heritage and future aspirations of India, combining exquisite craftsmanship with premium quality. Perfect for collectors and investors alike, the limited edition coin is a testament to Augmont's commitment to excellence and innovation in the precious metals industry

Beloved industry veteran Huw Daniel to retire, new CEO named

The All India Gem & Jewellery Domestic Council advocates for a reduction in customs duties, presenting crucial pre-budget recommendations

The yellow metal price is hovering at Rs 63,060 per 10 grams on the commodity stock exchange MCX and around $2,058 an ounce in the international market at a time the rupee is trading above 83 against the dollar

Finance Minister Nirmala Sitharaman will present the budget on the Parliament on February 1, 2023. With the approaching central elections, popular consensus on this year’s budget is that it would be growth-oriented, with a focus on infrastructure, inflation, manufacturing and rural economy

The World Gold Council today launched a report titled ‘Gold Refining And Recycling’

During this campaign, customers will enjoy free additional gold on their purchases of gold and diamond jewellery

GJC has also urged the Finance Minister to raise the PAN card limit from Rs 2 lakh to Rs 5 lakh, citing that many households in rural India do not hold PAN

According to Colin Shah, Chairman GJEPC with global demand rising, exports to the US, Hong Kong and the UAE have displayed gradual growth. In India, key sectors like gold and diamond will show significant rise as the pandemic comes under control

The RBI on June 23 has asked banks to provide an option to jewellery exporters and domestic manufacturers of gold jewellery to repay a part of Gold (Metal) Loans (GML) in physical gold
 

The Finance Ministry has issued a notification dated 17th February 2021, of the amendments made to the finance bill 2021 with regards to the Agriculture Infrastructure and Development Cess (AIDC) exemption on gold/Silver bars and dore for exporters

Under the revamped Gold Monetising Scheme (GMS) which was first introduced in 2015, consumers can deposit as little as 10 g (from previous minimum of 30g). This will aid in lowering the industry’s dependence on imported gold and will foster a better relationship between jewellers and customers

A centre at the Indian Institute of Management Ahmedabad (IIM-A) is conducting a nation-wide survey to finalize the list of incentives to bring into circulation a part of the 25,000 tonnes of household gold into circulation