An increase in income levels, coupled with steady interest from the younger generation, is likely to fuel India’s gold jewellery demand in the coming years, according to the World Gold Council (WGC). In its report, “India’s gold market: evolution and innovation,” WGC said the rise of India’s middle-class consumers will play a vital role in … Read More →
Major jewellery retailer Pure Gold Jewellers has pledged US$1 million to help secure the release of debt-laden prisoners in the UAE. Firoz Merchant, founder and chairman of Pure Gold, recently visited the Ajman Central Jail to secure the release of the first batch of 132 prisoners whose debts, worth AED 150,000 (about US$41,000) in total, … Read More →
The gold monetization scheme and the demonetization on move are part of a plan to reduce India’s dependence on gold imports. But this is just the beginning. The campaign must go on says MP Ahammed, Chairman, Malabar Gold & Diamonds. There seems to be a logical order in the Gold Monetisation Scheme which was introduced … Read More →
Global gold demand rose at its fastest pace ever in 2016, according to an industry report released on Thursday. Demand for gold has spiked by a 21 per cent from January to March this year or 1,290 tonnes. This is the largest increase on record, according to the World Gold Council (WCG) which said the … Read More →
Prima Gold, a worldwide leader in 24-karat gold jewellery design and production, has been named an honouree in the 2016 JNA Awards’ Brand of the Year – Retail category. The JNA Awards, now in its fifth year, is a premier awards programme that recognises and celebrates excellence and achievements in the jewellery and gemstone industry, … Read More →
Prima Gold, a worldwide leader in 24-karat gold jewellery design and production, has been named an honouree in the 2016 JNA Awards’ Brand of the Year – Retail category. The JNA Awards, now in its fifth year, is a premier awards programme that recognises and celebrates excellence and achievements in the jewellery and gemstone industry, … Read More →
Snapping their two-day losing streak, gold prices bounced back by Rs 200 to Rs 30,750 per 10 grams at the bullion market on Tuesday, tracking a firm trend overseas along with fresh buying by jewellers at the domestic spot market. Silver also edged up by Rs 70 to Rs 46,330 per kg on increased offtake … Read More →