Gold prices have gained steadily over the past few months, thanks to fragile equity market sentiment and fears of global economic slowdown as US-China trade war intensifies. Thus far in calendar year 2019 (CY19), gold prices have surged 24 per cent. Silver, too, has gained 24.3 per cent during this period as investors flocked to … Read More →
India may fail to capitalise on the opportunity created by US President Donald Trump’s decision to impose 10 per cent import duty on Chinese jewellery. The fresh tariff covers rough and polished diamonds, and jewellery made from precious or semi-precious stones. China’s exports to the US in this space amounts to about $2 billion a … Read More →
New Delhi: The commerce ministry should approve on a priority basis a proposal to make BIS hallmarking mandatory for gold jewellery before Diwali, Consumer Affairs Minister Ram Vilas Paswan said on Thursday. The hallmarking of gold, which is voluntary in nature at present, is a purity certification of the precious metal. The Bureau of Indian Standards (BIS), … Read More →
The uncertainty over the future of the American apparel industry intensified after the trade war erupted. Since most clothing retailers depend on Chinese imports to source their materials, the latest round of tariff is bound to impact their businesses negatively. Meanwhile, the reports of a possible trade truce between the US and China have brought … Read More →
Drops 14 per cent to $2.84 billion in August 2019. Gems and jewellery exports continued its downtrend registering a fall of 14 per cent in August to $2.84 billion against $3.32 billion logged in the same period last year. In rupee terms, exports were down 12 per cent to ₹ 20,242 crore (₹ 23,077 crore). The hike in … Read More →
To combat the soaring gold price, jewellery companies have come up with innovative strategies to protect gold from volatile fluctuations. In a bid to help their customers combat unwanted gold rate fluctuations, various jewellery brands have introduced different innovative ideas that aim at gold rate protection plan. Under this plan, customers can book their jewellery … Read More →
When it comes to your wedding trousseau, your jewellery takes as much precedence as your bridal ensembles. The bangles are a major part of the bride’s jewellery box. From gold to diamond-studded, they come in different materials and precious stones as also in myriad colours. You can choose the design and style you like, and … Read More →