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 →
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 →
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 →
Mumbai: On the onset of the Union Budget for 2019-20, the gems and jewellery sector has unanimously sought a reduction of gold import duty to 4 percent to check smuggling in a big way. In a representation, the All India Gem and Jewellery Domestic Council (GJC) said the 10 percent import duty on gold was levied … Read More →
On the onset of the Union Budgetfor 2019-20, the gems and jewellery sector has unanimously sought reduction of gold import duty to 4 percent to check smuggling in a big way. In a representation, the All India Gem and Jewellery Domestic Council (GJC) said the 10 percent import duty on gold was levied to curb current … Read More →
Dubai: Gold jewellery prices in the UAE dropped to their lowest level in weeks as the US dollar strengthened, offering a much-needed price relief to consumers. Retail rates across the stores and souks posted a decline of approximately Dh2.50 per gram on Monday, with the 24-karat gold selling at Dh154.50 per gram, down by 1.6 … Read More →