Fitch Ratings has upgraded public joint stock company Alrosa’s Long-Term Issuer Default Rating (IDR) to BBB from BBB-. The outlook is stable. Fitch noted the following key drivers behind the rating upgrade:…
India’s Ministry of Consumer Affairs , Food & Public Distribution based on extensive consultations with key stakeholders of the trade has exempted Gold Jewellery Exports from the mandatory hallmarking that comes into…
The National Retail Federation (NRF) issued its revised annual forecast for 2021, anticipating that retail sales will now grow between 10.5% and 13.5% to more than $4.44 trillion this year as the…
Studded gold jewellery witnessed a growth of 41% in April – May 2021 to US$730.04 million (grew by 49% in Rupee terms to Rs. 3985.46 Cr) from US$516.81 million (Rs. 1108.61 Cr)…
Despite ongoing challenges escalated by the pandemic, platinum jewellery retailers and manufacturers reported a sustained recovery across three of four key markets, according to the latest Platinum Jewellery Business Review (PJBR) Q1…
The Women’s Jewelry Association (WJA) will host its VIP fundraiser the annual Awards for Excellence Gala at The Lighthouse at Chelsea Piers in New York City on 20th October, 2021. “We are…
“Whitby jet”, the black fossilised wood renowned for having been used as mourning jewellery by Queen Victoria, has been given a new lease of life in contemporary designs. Whitby is the home…
Diamond analyst Paul Ziminisky examines the supply-demand dynamics pushing diamond prices upwards. While global rough diamond supply is on track for a forecasted 119 million carats of production this year, according to…
Neha Lulla Kripalani dabbled in all spheres of jewellery designing, manufacturing and retail before setting up her own brand in 2009. The young designer has found a niche for herself in the…
As Krishan Gopaul’s blog post last week pointed out, central banks have been buying gold during the first four months of 2021. Over that period, we estimate that the official sector has added 150-200…