Author: Sutanuka Ghosal
Published 06-03-2020 14:14
An analysis by CRISILNSE -1.52 % shows that India’s diamond exports could shrink by a fifth to $19 billion by the end of fiscal 2021, from $24 billion in fiscal 2019, as the novel coronavirus outbreak amplifies sluggishness in global demand.
Actions for CRISIL analysis show India's diamond exports could shrink by a fifth to $19 billion by end of FY21
The World Gold Council (WGC) is looking to put in place a prescribed set of principles, or a code of conduct, called the Retail Gold Investment Principles, for the retail jewellery sector in India. The move is expected to bring in much needed transparency in the sector, which has been facing severe perception issues following reported incidents of fraud by some companies.
Actions for World Gold Council to introduce code of conduct for Indian jewellery retailers
Author: Surajit Dasgupta
Published 28-02-2020 13:07
Gold prices today fell in Indian markets, extending their fall to the fourth day. . On MCX, gold April gold futures fell 0.17% to ₹42,314 per 10 gram, tracking an advance in global rates. Silver futures on MCX slumped over 2% or ₹1,100 per kg to ₹45,527. From Monday's record high level of ₹43,788 gold prices in India have come off about ₹1,500 per 10 gram amid some profit-taking and decline in global rates from higher levels.
Actions for Gold prices today fall for fourth day in a row, silver rates slump