Chandigarh: Two thieves broke into a temple in Sector 8 and stole silver jewellery worth around Rs1 lakh and cash from a donation box on the intervening night of June 3 and 4. The thieves entered the temple from the rear side after breaking grills. A CCTV grab of the thieves. Manoj Mahajan Ayodhya Shastri, … Read More →
A nationwide lockdown and closed jewellery shops across India have led to a severe fall in gold demand, leading to near-negligible gold imports in the month of May. The gold imports in the month have fallen by 99 per cent on-year, Reuters reported citing a government source. India, which is the world’s second-largest gold consumer … Read More →
Jalandhar: Amit Chopra, owner of Leader Jewellers, feels that the current situation due to the corona outbreak in different parts of the world is certainly affecting the jewellery business in a big way, but he is hopeful of some normalcy in the coming months. On a daily basis, 60-70 per cent customers are visiting our … Read More →
Gold jewellery and cash were stolen from the house of a property dealer on the intervening night between Tuesday and Wednesday. Rupinder Pal Singh, 64, complained to the police that they slept on Tuesday night without locking the back gate of the house. When they woke up on Wednesday, they found someone had stolen money, … Read More →
Gold necklace on display at Dwarkadas Chandumal Jewellery store in the Zaveri Bazaar area of Mumbai, India, on Thursday, Apr. 18, 2013. (Image source: Dhiraj Singh/Bloomberg) India Ratings and Research (Ind-Ra) on Monday said it expects jewellery sales to decline by 25 per cent in 2020-21 (April-March) on account of over 40 days of lockdown … Read More →
MUMBAI: India Ratings and Research (Ind-Ra) on Monday said it expects jewellery sales to decline by 25 per cent in 2020-21 (April-March) on account of over 40 days of lockdown following COVID-19 pandemic and overall reduction in disposable income. Jewellery demand, which is primarily driven by marriage season and a couple of festivals in the … Read More →
THIRUVANANTHAPURAM : Amid the Covid-19 scare, the gold sector has some reason to cheer as the drop in prices has lured customers back to jewellery showrooms in the state. Although the footfall was not as expected, it did bring in some hope in the sector. The board rate of gold price, which touched an all-time … Read More →