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
India's Gold Market Sees Surge in Demand After Import Duty Cut
India’s gold market is witnessing a significant boost in demand following a major reduction in import duties
India’s Gold Duty Cut Expected to Drive Festive Buying Surge
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
Jewellers Strike Gold This Rakhi with Record-Breaking Sales
This Rakshabandhan, gold retailers across India celebrated a substantial increase in sales, as consumers took advantage of reduced domestic prices following the recent import duty cut
Gold Prices Rise, Deter Buyers in India and China
In India, anticipation of potential import duty cuts in the upcoming budget adds further complexity to market dynamics, while in China, retail and wholesale demand reflect the strain of elevated prices
Import duty cut on cut and polished diamonds: The inside story
Yes, the import duty cut to 5% will benefit some segments of the diamond industry, but how big will the impact be? Suneeta Kaul finds out
Hoping For the Good Times-Budget Expectations
The Indian gems and jewellery industry is hoping that the forthcoming budget would be more industryfriendly,which would lead to further growth of the industry. Kavita Parab spoke to few industry playersto know their views on the forthcoming budget.
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