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Gold gleams as rupee slips

Author: Gayathri G - Published 05-12-2012 21:25
Gold gained in the domestic market as the rupee dropped against the dollar. Investor holdings in exchange-traded products advanced to a record has also led to a rise in prices of the yellow metal. Gold for jewellery (99.5 purity) closed higher at Rs 31,400 while pure gold (99.9) ended up at Rs 31,540.

Centre aims to strengthen Indian gold & silver jewellery industry

Author: Unnamed Reporter - Published 05-12-2012 21:20
NEW DELHI: Indian government has been taking steps at regular intervals has declared numerous measures with the aim to promote the gold and silver jewellery industry in India. These schemes have been announced via Foreign Trade Policy and Union Budget.

China posing threat to India's gems, jewellery trade: Assocham

Author: Unnamed Reporter - Published 05-12-2012 21:15
Ahmedabad: China is attempting to corner supply of rough diamonds by pushing for direct deals with African countries and thus posing a threat to the nation's gems and jewellery trade, a study released by industry body Assocham said Tuesday.

Jewellery demand to get boosted by wedding, festival season

Author: Unnamed Reporter - Published 03-12-2012 22:51
With the commencement of wedding and festival season, the second half of the 2012 may place jewellery sales back on track and also take the annual gold demand to about 800-and-odd tonnes this year, stated Vipin Sharma, Director (Jewellery), World Gold Council.

Jewellery stocks could wane as ETFs shine

Author: K.S. BADRI NARAYANAN - Published 03-12-2012 22:45
With gold ruling at an all-time high, shares of listed players such as Gitanjali Gems, Shree Ganesh Jewellery, Thangamayil Jewellery and Vaibhav Gems will come under pressure as higher price will impact their sales. Even at Titan Industries, where the jewellery division is the major contributor for its revenue, there will be some pressure. Though these stocks have risen on the back of overall sentiment, sustaining that trend would be very difficult.

India Showcases its finest in gems and jewellery for the first time at the India Show in Dhaka, Bangladesh

Author: Unnamed Reporter - Published 03-12-2012 22:05
The Gem and Jewellery industry of India is all set to make its debut in Bangladesh at the India Show to be held at the Bangabandhu International Convention Centre, Dhaka. Titled as the “Made In India” Show, this 3 day event being held from December 3-5, 2012 in Dhaka marks India’s ambitious plans in strengthening trade ties with Bangladesh, which is now being hailed as one of the most

Lab in Hyderabad to test and grade diamonds and jewellery

Author: Unnamed Reporter - Published 30-11-2012 22:41
International Gemological Institute (IGI), the world's largest independent gem certification and appraisal institute, is setting up a laboratory for testing and grading of jewellery and diamonds in Hyderabad.

Rings on top of gold jewellery buyers’ list, finds survey

Author: SHISHIR SINHA - Published 30-11-2012 22:33
A gold ring may appear small, but it enjoys the biggest share in jewellery purchases. At the same time, the rise in price of gold is unlikely to affect sales during Diwali.

Jewellery exports expected to revive

Author: Rajesh Bhayani - Published 30-11-2012 21:27
Gem and Jewellery exporters are betting on Christmas demand to help arrest declining trend in jewellery exports this year.In the first seven months, exports have risen only 3.5%, which is slower than growth in exports in April-September which was 6.5%.

Indian Jewelers Record Rise in Festive Season Sales

Author: Unnamed Reporter - Published 28-11-2012 21:11
Indian jewelry retailers experienced an increase in festive season sales leading up to Diwali and they expect this trend to continue due to the on-going wedding season. Dhanteras, an auspicious day for gold purchases in India, fell on November 11 this year, while Diwali — the festival of lights – was celebrated on November 13.
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