MUMBAI : Following the coronavirus outbreak, the gems and jewellery sector in the country has come to a standstill with retailers managing to do only 20-25 per cent business due to fewer footfalls amid fear of the virus’ spread, according to an industry body. “There is virtually no footfalls in jewellery stores and retailers are doing … Read More →
SINGAPORE – A thief stole a gold necklace worth around $3,000 from jewellers in Bukit Merah on Saturday afternoon (March 7). The culprit was described as an Indian man in his 30s and wearing a grey shirt and jeans, according to a report in Chinese-language newspaper Shin Min Daily News. The owner of Tiong Sun … Read More →
Online Gold jewellery shopping in India Vs Offline buying: Buying jewellery either online or online can be tricky unless you are an aware customer. When it comes to choosing between buying jewellery online or offline, both have their advantages that may suit to customers with different shopping tastes respectively. Nevertheless, in the second decade of the … Read More →
Rising gold prices and a subdued consumer environment are likely to weaken demand for the yellow metal in one of the world’s top markets for gold in FY2020, ratings agency ICRA said in its outlook for the Indian gold jewellery retail sector on Wednesday. ICRA expects gold jewellery demand to be subdued in FY2020 with … Read More →
While buying gold jewellery, it’s advisable to check the hallmark to ensure you get what you are paying for and its purity is as promised by the jeweller. Hallmark is basically a certification of purity given by assaying and hallmarking centres (AHCs) accredited by the Bureau of Indian Standards (BIS). With the government planning to … Read More →
At least 40 kg silver, 300-grammes gold, diamond jewellery worth Rs 2,00,000 and cash worth Rs 2,00,0000 has been reported stolen in a burglary at Nakoda Jewellers, located in Kumar Classic Society, Aundh, on Thursday. The total theft is worth Rs 29,35,00, according to the complaint. The store is owned by Vijay Mohanlal Sonigara, 52, … Read More →
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 →