Bars and Coins Outshine Jewellery as Indians Splurge up to $11 Billion on Gold This Diwali
Investment-led buying dominates festive season demand, with over 40 tons of gold sold in two days
RBI’s Repo Rate Cut Welcomed as a Boost for Economic Growth and Gold Investments
Dr. Renisha Chainani, Head of Research at Augmont, has welcomed the Reserve Bank of India’s consecutive repo rate cuts, highlighting their potential to ease financial burdens, stimulate economic growth, and bolster confidence in gold as a trusted investment amid changing market dynamics
Record high prices have dented jewellery demand: Sachin Jain, WGC
The skyrocketing price of gold is a matter of concern to the entire gold industry, but even more so for India, which is one of the largest consumers of gold worldwide. Driven by multiple factors, chiefly global economic uncertainties, inflation concerns, and a strong investment demand, these price movements have significant implications for retailers, consumers, and investors in India. In a conversation with Suneeta Kaul, Sachin Jain, Regional CEO, India, World Gold Council, dwells on the impact of high prices, the move towards organized retail in the country, the rising trend of digital gold investment, and more
Jewellers' Body Advocates for Uniform Gold Rates Across India
The All India Gem and Jewellery Domestic Council (GJC) is advocating for a 'One Nation One Gold Rate' policy to standardize gold prices across India
Gold Price Surge Dampens Physical Demand in Key Markets
The recent surge in gold prices, driven by U.S. Federal Reserve interest rate cuts and geopolitical tensions, has led to a sharp decline in physical demand across major global markets. Despite a temporary boost in India following an import duty cut, the overall trend shows consumers pulling back as prices hit record highs, prompting many to sell their holdings and profit from the rally
WGC Calls for Guidelines on Digital Gold Market in India
The World Gold Council (WGC), an international trade association, has urged India's finance ministry and the Reserve Bank of India (RBI) to establish clear guidelines and regulatory frameworks for the burgeoning digital gold business in the country
World Gold Council's Insights: Navigating Gold's 2024 Outlook Amidst Market Uncertainty
In the first half of 2024, gold has demonstrated a robust performance, defying expectations by surging 12% year-to-date and surpassing most major asset classes
Zerodha Fund House Highlights Gold Investment Opportunities on Akshaya Tritiya
As the auspicious occasion of Akshaya Tritiya draws near, Zerodha Fund House, India's premier passive AMC, sheds light on the significance of this day and the potential benefits of gold investments
Augmont and CaratLane team-up to streamline gold investments and revolutionize jewellery purchases with Digital gold
This partnership is a step towards Augmont’s vision of revolutionising how customers engage with gold investments
The causes and effects of the hike in gold prices
Gold prices are soaring, and instead of causing demand to slow down, the opposite is happening, as it does often, when it comes to gold sales in India, discovers R Sugandha
Orafo Jewels introduces an online shopping platform in celebration of its fifth anniversary
The inauguration was conducted on November 18, 2023 and was attended by Telugu movie star Kavya Kalyanram
90% Drop for Gold ETFs in 2022
Gold ETFs plunged in 2022 due to the steep rise in the price of the yellow metal.
PNG Jewellers Announces the 'Shubh Aarambh' of this Wedding Season
PNG Jewellers has announced an innovative and unique wedding jewellery scheme
Dhanteras Sales Sluggish as Buyers Turn Cautious about Skyrocketing Gold Prices
Retailers witness 20-30 dip in sales; lightweight, everyday wear jewellery moved well
Juvalia & You launches a collection of designer jewellery
In the incandescent shades of blue, the new collection of Juvalia & You is fresh, stimulating yet elegant.
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