Page 8 - Gold Jewellery

Jewellers squeezed over advance tax payments, sparse consumer interest

Customers are not buying gold though prices are now falling

Millennials choose low-value designer silver jewellery this Valentine's Day

Gold jewellery sales plunge on unaffordable high bullion price

India, China account for 80% drop in gold jewellery demand in Dec quarter

WGC estimates the total fourth quarter demand for gold at 1,045.2 tonnes - a drop of 19 per cent year-on-year

Mandatory hallmarking of gold jewellery: Lack of awareness remains a hurdle

Estimates regarding the number of jewellers and ornaments being hallmarked at present are varied

Jewellery industry welcomes mandatory hallmarking from Jan 2021

Gold hallmarking is a purity certification of the precious metal and is voluntary in nature at present

Hallmarking to be mandatory for gold jewellery from 2021: Ram Vilas Paswan

However, one year period will be provided for implementation of this decision to enable jewellers clear their existing stock

Govt raises duty drawback rates for gold, silver jewellery exports

The drawback rates have been raised to Rs 372.9 per gram for gold jewellery from Rs 272 per gram, according to a notification of the finance ministry

Dull gold: Jewellery industry losing sheen for lack of policy, innovations

The lack of a coherent policy and the unwillingness of Indian jewellers to reform are tarnishing the industry

Lack of trust, substandard products haunt gold buyers in India: Survey

Indians comprise nearly 18% of the 4,345 tonnes of global gold purchases annually

Planning to buy jewellery on Dhanteras? Few suggestions to help you choose

From necklace to earrings, here are the top jewellery items you could consider buying this Dhanteras

Indian exporters fret as shipment value to troubled Hong Kong dips 6.6%

A drop in the number of people attending a key trade fair in Hong Kong later this month following advisories against travel to the city could further weaken India's exports, experts say

Jewellery exports in June decline 16% YoY on slow demand from China, Gulf

Experts say weak trend likely to continue, annual gems and jewellery exports seen dipping by as much as 15%

Gold's not glittering: Can retailers attract young buyers with a new story?

In the last five years, India's demand for gold jewellery has remained around 600 tons while investment demand has shrunk

Impure Indian gold jewellery? Not anymore! Hallmarking jumps to 80%

Of the 621 tonnes of gold jewellery manufactured in India in 2018-19, 494 tonnes were hallmarked for purity, show data analysed by GFMS

Gold jewellery demand likely to grow 6-7% in medium to long-term: Icra

With 65 per cent of population living in rural areas, favourable farm output in the last two years on the back of good monsoons has been a positive trigger for rural demand

BIS asks gold buyers to trust Hallmark over brand or jeweller

The ongoing print and digital campaign educates consumers on the Hallmark logo and how to go about testing the purity of their gold purchases

Gold jewellery outperforms India's overall exports in April-July period

Interestingly, SEZs or EPZs led by Cochin have recorded a staggering 221 per cent surge in gold jewellery exports

Govt finalising jewellery hallmark rule; refineries to self-certify

The central government is finalising the rules on compulsory making hallmarking of jewellery. Hallmarking centres will be doing so for 14, 18 & 22-carat jewellery. For coins and bars, self-certification by refineries will be permitted. The industry has already started making noises on several proposals. India Bullion and Jewellers Association (Ibja) has said: "Self-certification of coins by refineries contravenes the basic purpose of a certifying agency. Self-certification without any third party intervention can be risky and refiners can misuse it." Surendra Mehta, national secretary, Ibja, said: "Coins from 0.1g to 100g must be hallmarked by approved centres." Sources say the government will allow refineries to self-certify hallmarking of coins because they will also have to take Bureau of Indian Standards registration and work is on to ensure they follow the global best practises about good delivery and so on. Rajesh Khosla, chairman emeritus of MMTC PAMP and president of the

GST not to affect gold jewellery market, demand to grow by 9% in FY17: Icra

Gold demand is expected to grow by 9% in values & 6% in volumes during FY17

Penchant for gold jewellery remains unfazed on Akshaya Tritiya

With changing times, people are shifting their focus towards diamond jewellery