Senco Gold Logs Rs 1,700 Cr Festive Sales Surge
Senco Gold posts over Rs 1,700 crore October sales, driven by festive demand, with strong growth in gold, diamonds and store expansion in FY26.
Senco Gold posts over Rs 1,700 crore October sales, driven by festive demand, with strong growth in gold, diamonds and store expansion in FY26.
In an exclusive conversation with BW Retail World, Mangesh Chauhan, Managing Director & CFO of Sky Gold & Diamonds, shares insights on gold price volatility, consumer trends, and the company’s strategic roadmap for sustained growth in India’s evolving jewellery landscape Gold prices have seen significant volatility recently, influenced by both domestic and international factors. […]
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
Gold prices have experienced a notable surge in recent weeks, with the yellow metal witnessing an increase of over 11 per cent in India alone. A recent report from Goldman Sachs highlights that this surge is not solely driven by traditional factors, indicating a shift in the dynamics of the gold market. The report underscores […]
Despite a steep surge in gold prices in the second half of the quarter, jewellery giant Kalyan Jewellers’ consolidated revenue increased by roughly 34 per cent in Q4 FY2024, the company stated in a quarterly statement on BSE. The jewellery retailer’s consolidated revenue increased by 31 per cent in FY2024 compared to the previous year. […]
India’s gold imports are anticipated to nosedive by more than 90 per cent in March, reaching their lowest point since the COVID-19 pandemic outbreak, according to a government official and two bank dealers cited by Reuters. The drop comes as banks curtailed imports following a surge in prices, which dampened demand for the precious metal, […]
Gold prices witnessed a steady outlook on Tuesday. The cost of 24-carat gold is Rs.6364.0 per gm. The cost of 22-carat gold is Rs.5835.0 per gm. The price change in 24-carat gold in the last week has been -0.96 per cent, whereas, in the previous month, it was -1.48 per cent. The cost of silver […]
Gold prices rose to an over two-week high on Tuesday, as the US dollar dipped on expectations that the Federal Reserve is done hiking interest rates, while investors awaited minutes from the central bank’s latest meeting for further policy cues. Spot gold climbed 0.5 per cent to USD 1,987.79 per ounce, as of 12:15 GMT, […]
Kalyan Jewellers India reported a 27.1 per cent rise in its second-quarter profit on Tuesday, helped by rising domestic demand for its ready-to-wear jewellery line and increased traffic at stores ahead of the festive season. Consolidated net profit rose to Rs 135 crore from Rs 106 crore a year ago for the three months ended […]