As Gold Soars, Silver Sparkles This Diwali
With gold soaring to historic highs, silver is emerging as India’s festive favourite for gifting, jewellery, and décor this Diwali, reflecting evolving consumer choices
With gold soaring to historic highs, silver is emerging as India’s festive favourite for gifting, jewellery, and décor this Diwali, reflecting evolving consumer choices
Reports say that the demand for ornaments is expected to dip by up to 27 per cent from a year-ago in volume terms during the buying period
Icra states that this is evident from an increase in official gold bullion imports by around 8 per cent in the fiscal year 2025
With over 62 per cent share in FY24, the market is currently dominated by the unorganised jewellers
The report stated that higher jewellery prices are expected to result in some moderation in the same store volumes; however, the volumes generated from new stores could largely compensate for the same
The Consumer Affairs Secretary states that the government is preparing to mandate hallmarking for gold bullion, a step aimed at ensuring the purity of gold products
The store emphasizes personalised designs and timeless classics, catering to customers who view jewellery as an extension of their personality Expanding its presence in Uttar Pradesh, Aisshpra Gems & Jewels, the state’s largest retail jewellery chain, inaugurated its first flagship store in Lucknow on Wednesday. Located in Hazratganj, the two-storey store is among the […]
The decline in volume is largely attributed to rising gold prices, which have led consumers to explore alternative options to explore alternative options India’s gold market experienced a dip in demand this Dhanteras, with sales reaching approximately 35 tonnes, down from last year’s 42 tonnes, according to the India Bullion and Jewellers Association (IBJA). […]
Zero-duty import of Gold by a large PSU company has come under the scanner, sources told BW. India levies a 14.35 per cent duty on the import of Gold Dores (unrefined gold) but some refiners like MMTC, a public sector entity and PAMP, a Switzerland company, were importing dores from least developed countries (LCDs) on […]
As the much-anticipated consecration ceremony of the Ram Mandir in Ayodhya approaches on January 22, bullion experts predict a significant surge in gold prices fueled by heightened demand in the market. The temple’s grandeur is expected to elevate the positive sentiments around gold, especially in North India, with its predominantly Hindu population. The ceremonial doors […]