India's Titan Faces Higher Gold Sourcing Costs Amid Tightening Supply
Titan Company, one of India's leading jewellers and the owner of Tanishq and CaratLane, anticipates higher costs for leasing gold from bullion banks as supply dwindles. The company attributes this trend to bullion banks redirecting gold shipments to the U.S. for better profits, creating supply constraints elsewhere
PNG Jewellers Reports Impressive 24% Year-Over-Year Growth in Q3 FY2025
PNG Jewellers has reported a strong performance for the third quarter of fiscal year 2025, with a consolidated year-over-year (YoY) growth of approximately 24%, compared to the same period last year
Titan's Q3 Jewellery Revenue Surges by 23% to ?11,709 Crores
Titan's impressive third-quarter performance showcases a remarkable 23% growth in jewellery sales, reaching ?11,709 crores
Titan Reports Strong Q3 Performance: Tata Group's Jewellery and Watch Division Registers 22% Revenue Surge, Sales Increase by 21%
Tata Group's esteemed jewellery and watchmaking enterprise, Titan, has unveiled a robust performance for the third quarter ending December 30, 2023
Support for gold continues as central banks maintain historic buying in Q3
The World Gold Council's Q3 Gold Demand Trends report highlights the enduring appeal of gold as an asset, with central bank buying remaining robust and exceeding historical averages
Profit after tax up by 10% for Kalyan Jewellers
On Tuesday Kalyan Jewellers India reported a 10.34 per cent growth in consolidated profit after tax (PAT) during the quarter ending December 31, 2022, at Rs 148.43 crore.
WGC’s Q3 Report Launched
Report informs of a strong third quarter that lifts gold demand to pre-pandemic levels
Survey: Highest Business Potential in the Indian Smartwatch Market
India's smartwatch market grows highest ever at 312%, Fire-Boltt leads
Consumption of gold jewellery to rise in FY23: Icra
Revenues of organized retailers are likely to grow at a higher pace of 14%, backed by their aggressive store expansion plans and a gradual shift from the unorganized segment towards the organized one
Pent-up demand driving gold sales this Diwali
Demand is primarily driven by a firm grip on the pandemic, with higher vaccination rates and falling infection rates leading to a rebound in economic activity
Gold demand down as ETF outflows outweigh strength in other sectors
Net gold ETF sales were small; when compared to the pandemic-induced buying surge of a year earlier, this was enough to place overall gold demand into a Y-O-Y decline
Platinum Resurgent As Chinese Consumers Choose It Over Expensive Gold Jewellery
The surge in the price of platinum – which posted its biggest monthly gain in November since 2008 – has been put down to renewed appetite among consumers who prefer the metal to its more expensive rival, gold
India's Q3 Platinum Jewellery Demand -40%; But Positive Signs Emerging: WPIC
Platinum jewellery consumption in India during the third quarter of 2020 fell by 40%
Covid Situation May Dampen Gold Demand During Diwali Season Too: World Gold Council
Many industry stalwarts are hopeful that by October this year, the demand situation will improve, WGC however, based on its research claims otherwise
Ind-Ra Sees Jewellery Sales Declining 25 pc in FY21
According to the recent Ind-Ra report -- Jewellery demand was slow since the beginning of 2020. Gold jewellery demand had already slowed down in FY20 in terms of tonnage and revenue due to the economic slowdown
