Impact of High Gold Prices: Minimal Volume Growth Expected in FY24
The surge in gold prices is anticipated to have a dampening effect on the demand for gold jewellery, leading to minimal volume growth for organised gold jewellery retailers in the fiscal year 2023-24 (FY24).
Jewellers are requesting a three-month extension to the mandatory hallmarking deadline
Around 20-25 percent of the industry's inventory still needs to be HUID hallmarked.
Gold demand increases 9% in Q2 2021, compared to year-ago period: WGC
Jewellery and investment demand is expected to continue its post-pandemic recovery in the second half of the year
Gold Is On A Three-Month High Amidst Virus Worries
Gold prices rose on May 17 to their highest level in more than three months, as a dip in U.S. Treasury yields and worries over surging COVID-19 cases in some Asian countries boosted demand for the safe-haven metal
Will RBI's Relief Measures Work for G&J Industry?
While the Coronavirus Pandemic may be brought under control due to the total lockdown, the Indian economy may need ventilator support in the near future. Industry veterans discuss the problem and suggest solutions…
Savio Jewellery's Guinness World Record Holder 'Peacock Ring' unveiled
The ring went on to become the Guinness World Record Holder for the 'Most Diamond Set in One Ring'.
41st Indian Gem and Jewellery Awards honours gem and jewellery industry
Indian Gem and Jewellery Awards acknowledges various initiatives, innovations, and milestones and hardwork of fellow people of industry.
Shri Prithviraj Chavan gives out cheques to the Bomb Blast victims in Mumbai
The initiative was undertaken on behalf of the CSR wing of the GJEPC – The Gem and Jewellery National Relief Foundation.
Zoya draws inspiration from ancient Egypt
With intricately crafted jewellery in gold, diamonds & precious stones, Zoya captures the intricacies of Egyptian culture & mythology
Gold prices dip to three-month low
Buyer enthusiasm revived in India
Signity India organised an inspiring seminar on Marcasite
The company intends to inspire creativity in design using the stone
Israel's polished diamond exports dropped by 28%
Exports of rough diamonds decreased by 59%
Petra makes its largest discovery of a 99.43 carat
Sold it for $1.31 million
Sarin adds Dharmanandan Diamonds to its club
The Club now includes three Indian members
UN extends ban on diamond exports from Liberia for another six months
15 member body also called for extending current arms embargo on Liberia
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