Page 5 - Gold Jewellery

Gold standard of hallmarking purity is now just a click away: Here's how

Download BIS Care app, use 'verify HUID' to check authenticity

10 gm of gold selling at Rs 52,250, silver trading at Rs 62,000 a kg

The price of gold vary for different regions based on certain parameters such as the excise duty, making charges and the state taxes

10 gm of gold selling at Rs 51,280, silver trading at Rs 62,700 a kg

The price of gold vary for different regions based on certain parameters such as the excise duty, making charges and the state taxes

India's gold jewellery consumption likely to grow 11% in FY23: Report

India's gold jewellery demand is likely to grow steadily at 11 per cent during the current financial year due to strong retail performance last year, according to a report. Within the jewellery retail industry, revenues of organised retailers are likely to grow at a higher pace of 14 per cent, backed by their aggressive store expansion plans and a gradual shift from the unorganised segment towards the organised one, Icra Ratings said in a report. Demand during the current Akshaya Tritiya season is expected to be strong, leading to a healthy demand growth of around 45 per cent Y-o-Y in the first quarter of FY23. Growth for FY23 is expected at 11 per cent for the industry, despite a high base witnessed in FY22, driven by the anticipated steady wedding and festive purchases during the current fiscal, given Indian consumer's strong cultural affinity towards gold," Icra Senior Vice President and Group Head Jayanta Roy said. Interestingly, at the forecasted level, gold jewellery demand in

Gold consumption highest among Indian middle-income group

Weddings were the primary reason for buying gold, with 43 per cent of the Indian households surveyed buying the yellow metal for this purpose

Gold jewellery retailers' revenue may rise 12-15% in FY23: Crisil

This is as per an analysis of 82 of them rated by Crisil Ratings, which accounts for 40 per cent of the sector's revenue

Gold selling at Rs 52,470 for 10 gm, silver trading at Rs 70,000 per kg

The price of 10 grams of 24 carat gold on Tuesday is trading at Rs. 52,470 and 10 grams of 22 carat gold is selling at Rs. 48,100. Silver is trading at Rs. 70,000 per kg

Gold jewellers see best Dhanteras in three years amid pent-up demand

According to market veterans, on average gold sales are estimated around 20-30 tonnes on the day of Dhanteras

Buying gold jewellery this Dhanteras? Insist on hallmarked products then

Get clarity on making charges for the piece, deduction if you sell it back, and eligibility for gold loan

Gold demand in India back to pre-Covid levels in September quarter: WGC

Typically, July - September is a seasonally weak period for gold demand due to monsoons and inauspicious periods like Pitru-Paksha when buyers usually prefer to postpone gold purchases

Tamil Nadu CM Stalin launches scheme to melt temple jewellery

Tamil Nadu Chief Minister M K Stalin on Wednesday launched the preliminary work to melt into 24 carat gold bars, the unutilised jewellery in the possession of the temples in the State. Initially, the gold ornaments lying unutilised at the three renowned temples of Sri Karumariamman temple in Tiruverkadu, Sri Mariamman temple in Samayapuram and Sri Mariamman temple at Irukkankudi, will be melted and converted into gold bars for monetisation. The funds raised by depositing the gold bars in nationalised banks would be used for the development of the temples under the ambit of the State Hindu Religious and Charitable Endowments (HR & CE) department, the government said. On Wednesday, the Chief Minister virtually launched the revival of the scheme, from the Secretariat here, in the presence of HR & CE Minister P K Sekar Babu, Tourism, Culture and HR & CE Principal Secretary B Chandra Mohan, HR & CE Commissioner J Kumaragurubaran and other officials. The temple gold ...

Business glitters for jewellers as gold prices fall 17%, economy recovers

Reprieve in the pandemic means they can eye a recovery in their most lucrative sales period.

Prasad Nagarkar, an influencer and entrepreneur discusses how Gold jewellery allures Generation Z

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Buy digital gold for as low as Rs 100 this festival season: Details here

But those seeking greater safety should stick to SGBs or gold ETFs

Revenue of gold jewellery retailers expected to grow 12-14% in FY22: Report

Gold jewellery retailers are expected to witness 12-14 per cent growth in revenue during 2021-22, driven by stable gold prices and recovery in discretionary spending

Gold imports nearly double in August as prices dip ahead of festivals

Higher imports by the world's second-biggest bullion consumer could support benchmark gold prices , which have corrected nearly 12% from an all-time high of $2,072 in August 2020

Jeweller Joyalukkas said to plan $400 million IPO next year: Report

Joyalukkas may file a draft prospectus by end of November or early December: report

Small jewellers see relief as key hallmarking issues resolved

Industry wants relaxations to be notified at the earliest

Gold price today at Rs 47,380 per 10 gm, silver trending at Rs 67,900 a kg

In New Delhi, the price stands at Rs 47,140 per 10 gm. For Mumbai, the yellow metal is selling at Rs 47,380, while, in Chennai, it is at Rs 45,470

Attractive stock markets may keep investors away from gold: Analysts

Demand for gold in India jumped 19.2 per cent in the April - June 2021 quarter to 76.1 tonnes, suggests the latest report from World Gold Council (WGC)