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1 min read

Dhanteras 2024: Jewellers report slower than expected sales due to rising gold prices

Jewellery sales start slower than expected on Dhanteras due to high gold prices and weekday timing,…

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2 mins read

Global gold demand drops 6% in Q2 2024 due to slump in jewelry consumption, OTC investment pushes the total to record high

The record-high gold prices took a significant toll on jewelry consumption. Volumes fell 19% YoY to…

ANI   


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3 mins read

India's gold demand dips 5% to 149.7 tonnes in June quarter on high prices: WGC

However, in value terms, gold demand increased 17 per cent during the second quarter at Rs 93,8…

PTI   


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3 mins read

Gold continues to shine bright on Dhanteras, but should you participate in the glitter?

Legend has it that it was on this day that Lord Dhanvantari, the deity of health, appeared today, m…

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2 mins read

Buying gold jewellery this Dhanteras? Here is how you can verify authenticity as per BIS

According to an official statement, BIS emphasizes the importance of choosing hallmarked jewellery,…

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2 mins read

Karwa Chauth festivities to boost economy by ₹22,000 crore

Deeply rooted in Indian culture and spirituality, the festival of Karwa Chauth has grown into a sig…

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2 mins read

Gold crosses Rs 77,000, experts project that silver could reach Rs 1 lakh this festive season

Gold and Silver prices are on an upward trajectory backed by firm demand, and the steam seems to re…

ANI   


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Footwear, electronic wearables, kitchenware and home furnishings witness surge in inventories ahead of festive season

Ahead of the upcoming festive season, categories such as footwear, electronic wearables, kitchenwar…

ANI   


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2 mins read

Budget import duty cut will boost gold jewellery retailers' revenues by 22-25% this fiscal, notes CRISIL report

The organised jewellery sector, which accounts for just over a third of the overall market, is pois…

ANI   


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3 mins read

Domestic gold prices surge 10% amid global price rally, central bank buying: World Gold Council

The reduction in import duty has ignited a resurgence in gold demand across India. Reports from the…

ANI   


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Gem, jewellery exports drop 21.9% to $1.67 billion in July

"The exports are mainly affected due to decline in demand following geopolitical disturbance in…

PTI   


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2 mins read

Consumer staples volume will grow in the coming quarters, notes Motilal Oswal report

A marked growth is visible in the consumer staple segment, and the trajectory in volume improvement…

ANI   


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2 mins read

Gold imports dip 4.23% to $12.64 billion in Apr-July 2024

In April, the imports jumped to $ 3.11 billion from one billion in April 2023. According to a jewel…

PTI   


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India's gems, jewellery exports dip 13.44% in June to Rs 15,939.77 cr: GJEPC

The total gems and jewellery exports stood at Rs 18,413.88 crore (USD 2,240.77 million) during June…

PTI   


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3 mins read

Gold prices drop by Rs 5,000/10gm post Budget; bring cheers to retail investors

After the duty cut, the yellow metal has declined Rs 5,000 per 10 grams or 7.1% in the past three s…

PTI   


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India's gems & jewellery exports likely to slip 10-15% pc in FY23: GJEPC

India's gems and jewellery exports are likely to decline by 10 to 15 % in the current financial yea…

PTI   


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2 mins read

Gold, silver prices rebound on bullish global trend, strong domestic demand

Silver prices also surged by Rs 2,300 to Rs 85,500 per kg. In the previous close, it had ended …

PTI   


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2 mins read

Gold shines as demand for safe haven asset strong; Infomerics Ratings anticipates 10% price jump this year

Historical trends, such as the surge during the Russia-Ukraine war, highlight gold's role as a safe…

ANI   


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4 mins read

India's gold demand up 8% in Jan-Mar to 136.6 tonne despite high rate

India's gold demand in value terms rose 20 per cent on an annual basis to Rs 75,470 crore durin…

PTI   


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4 mins read

With another wedding season ahead, analysts are upbeat on Titan

Shares of Titan rose 1.5% on Thursday after it reported strong March quarter earnings. The results …