India’s jewellery industry has supported PM Narendra Modi’s appeal to reduce gold buying but warned that a prolonged slowdown in demand could hurt MSMEs, artisans and employment across key jewellery hubs
Investment demand for gold in India surpasses jewellery consumption in the March quarter as high prices curb retail buying and weak equity returns drive investors to ETFs and bullion, says the World Gold Council
Across the platform, the most loved gold grammages were 1 gram, 2 gram and 0.5 gram, with with Bengaluru, Mumbai, Hyderabad, Delhi driving demand surge
Kalyan Jewellers reports 64 per cent Q4 revenue growth and 42 per cent FY26 growth, driven by strong wedding demand, same-store sales, and digital traction via Candere.
Channel dynamics evolved meaningfully as well, presenting a significant opportunity for the sector, writes Ramesh Kalyanaraman, Executive Director, Kalyan Jewellers
The demand in India is showing signs of a pickup with the onset of the festive season, led primarily by a surge in physical investment demand for bars and coins
Projected to account for about 16 per cent of the global diamond market by 2029, lab-grown diamonds are gaining ground as evolving consumer values favour them over natural ones.
The council noted that global gold-backed exchange-traded funds (ETFs) witnessed a broad-based revival, with investors from across the world adding significantly to their holdings
India’s gold demand is anticipated to be low in the first quarter of 2024 owing to reduced jewellery sales, but yearly demand is expected to climb as customers adjust to higher costs, according to the World Gold Council (WGC) on Wednesday. Higher purchases in the world’s second-largest gold consumer may sustain prices, which are nearing […]
India’s gold demand in April-June 2023 quarter dropped by 7 per cent to 158.1 tonnes, attributable to high gold prices which significantly impacted affordability and consumer sentiment, said World Gold Council in a report on Tuesday. In comparison, in the same quarter the previous year, the demand for yellow metal was 170.7 tonnes. Coming to […]
