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 →
India’s gold demand has been revised downwards by 12 per cent to 750-850 tonnes for this year after it fell by 18 per cent to 131 tonnes in the second quarter in view of a sharp jump in prices and a strike by jewelers following new regulations, the World Gold Council said on Thursday. Earlier … Read More →
Banking on Turkey’s long-standing history in gold jewellery manufacturing, Turkish jewellers are bent on further strengthening their position in the global industry and expanding their reach into new areas of growth. A number of Turkish jewellery manufacturers told JNA in separate interviews that Turkey remains on top of its game in the gold jewellery arena … 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 →
Rose gold has gained significant acclaim in the jewellery industry and is now touted as the “chicest” hue for summer accessories, according to a Sotheby’s Diamonds report that discusses the precious metal’s rise to popularity. Rose gold is the perfect complement to a warm glow brought about by summer, with the pink tint of the gold … Read More →
The first gold jewellery industrial park in Shanxi Province, China, was recently established in the Yuci District of Jinzhong City to cater to the province’s booming jewellery market, according to a report. The Shanxi Hongyi Jewellery and Culture Industrial Park, launched on May 26, integrates product development, manufacturing, wholesaling, trading and exhibition of gold jewellery … Read More →
Hong Kong-based jewellery retailer Luk Fook Holdings (International) Ltd recently presented a new gold and jade jewellery collection, dubbed “Gold Charisma,” which fuses traditional and contemporary elements. Leading the collection are pendants adorned with jade and gold, a combination traditionally regarded as a symbol of love in Chinese culture. Gold patterns on jade pendants take … Read More →