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Global gold demand drops 6% in Q2 2024 due to slump in jewelry consumption, OTC investment pushes the total to record high

The record-high gold prices took a significant toll on jewelry consumption. Volumes fell 19% YoY to…

ANI   


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Dhanteras 2024: Jewellers report slower than expected sales due to rising gold prices

Jewellery sales start slower than expected on Dhanteras due to high gold prices and weekday timing,…

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3 mins read

India's gold demand dips 5% to 149.7 tonnes in June quarter on high prices: WGC

However, in value terms, gold demand increased 17 per cent during the second quarter at Rs 93,8…

PTI   


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Buying gold jewellery this Dhanteras? Here is how you can verify authenticity as per BIS

According to an official statement, BIS emphasizes the importance of choosing hallmarked jewellery,…

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7 mins read

Can investing in gold this festive season add the much-touted Midas touch to your investments?

Gold prices surpass Rs 80,000 per 10 grams, fueled by inflation and global geopolitical tensions. W…

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7 mins read

Simply put: Can investing in gold this festive season add the much-touted Midas touch to your investments?

Gold prices have surged past Rs 80,000 per 10 grams, making it a costly affair for the festive seas…

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3 mins read

Gold continues to shine bright on Dhanteras, but should you participate in the glitter?

Legend has it that it was on this day that Lord Dhanvantari, the deity of health, appeared today, m…

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1 min read

P N Gadgil Jewellers' Rs 1,100-cr IPO to open on Sep 10

The Maharashtra-based company's IPO is a combination of a fresh issue of equity shares worth up to …

PTI   


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Domestic gold prices surge 10% amid global price rally, central bank buying: World Gold Council

The reduction in import duty has ignited a resurgence in gold demand across India. Reports from the…

ANI   


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Consumer staples volume will grow in the coming quarters, notes Motilal Oswal report

A marked growth is visible in the consumer staple segment, and the trajectory in volume improvement…

ANI   


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India's gems, jewellery exports dip 13.44% in June to Rs 15,939.77 cr: GJEPC

The total gems and jewellery exports stood at Rs 18,413.88 crore (USD 2,240.77 million) during June…

PTI   


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Gold prices drop by Rs 5,000/10gm post Budget; bring cheers to retail investors

After the duty cut, the yellow metal has declined Rs 5,000 per 10 grams or 7.1% in the past three s…

PTI   


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Jewellers woo consumers this Dhanteras but experts advise caution

What’s more auspicious than gold, especially as we step into the festive season. Indians believe th…

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3 mins read

Gold savings schemes may sound lucrative but make little financial sense

Gold savings schemes offered by jewellers allow customers to invest in gold through monthly instalm…

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2 mins read

Gold expected to log double digit gains this year say experts

As in 2022, gold is expected to log double digit gains this year as per indications, said experts.

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Gold prices likely to reach around Rs 70,000 per 10 grams in 2024, says industry body

Global economic uncertainties and geopolitical tensions are likely to take gold prices to a new hig…

PTI   


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Gold set to shine bright in 2023 as world heads towards recession

Economic weakness usually bodes well for gold, as it is seen as a good hedge against risk. Amid all…

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3 mins read

Gold rush: Don’t recycle or book profits yet, another bull-run on the way say analysts

India is sitting on physical gold holdings which are estimated anywhere between 25,000 to 27000 ton…

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2 mins read

Aditya Birla Group to take on Tata, Reliance now in the branded jewellery space

The Aditya Birla Group is set to enter India's heavily competitive branded jewellery market with a …

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India's super rich put 17% of investable wealth in luxury items says Knight Frank

The Indian ultra-rich allocate 17 per cent of their investable wealth towards luxury items, with ma…

PTI