Gold prices eased by Rs 20 to Rs 30,750 per 10 grams at the bullion market on Saturday, in keeping with a weak trend overseas amid muted demand from jewellers and retailers at the domestic spot market. Silver followed suit and came off by Rs 75 to Rs 46,125 per kg due to reduced offtake by industrial units and … Read More →
More than half of jewellers reopened their shops on Monday after keeping them closed for nearly six weeks in protest over the reintroduction of excise duty on gold jewellery. The resumption in business could boost demand from the world’s second biggest consumer and support global prices trading near their highest in three weeks. “Jewellers are … Read More →
Hailed as one of the world’s most influential designers of hats, Philip Treacy flew into Dublin to help out an old college friend raise money for Saint Joseph’s, Shankill, a centre dedicated to dementia care. Fashion designer Deborah Veale studied with Philip at NCAD in the mid-1980s and her dad, Ken, is living with dementia. … Read More →
Jewellers, bullion traders and artisans are showing no signs of backing down in their protest against imposition of 1% excise duty on non-silver jewellery as their strike entered 39th day on Saturday with many keeping their shops closed. Many jewellery showrooms in cities such as Delhi, Mumbai and Kolkata are closed since March 2 after … Read More →
Indian gold imports and premiums could spike after the country’s main jewellery federation reached an agreement with the government over newly imposed taxes following an 18-day strike. Previously, the All India Gems and Jewellery Trade Federation (GJF) had opposed a one-percent tax on gold jewellery sales, arguing that many small-scale jewellers would be adversely affected because … Read More →