Summary The domestic gold price ended 4.8% higher in October at Rs47,794/10g1 Retail demand strengthened in the month with festival and wedding purchases Official imports were flat m-o-m as stocks remained ample…
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BAHRAIN – Pearl divers collecting oysters from the seabed off Bahrain inspire dreams of uncovering rare and magnificent treasures of the ocean. For centuries divers have risked their lives to hunt for natural…
The Gem & Jewellery Export Promotion Council (GJEPC) has been spearheading brainstorming and multi stakeholder discussions at structural policy reforms of India’s bullion sector. It helped the Govt. to understand the opinion…
From just being a $28 million export industry more than 50 years ago, it has grown to $40 billion today Employs 4.3 million people Contributes 12% to the country’s merchandise exports Policy…
An exceptional newly mined and responsibly sourced, unheated cushion-cut Sri Lankan sapphire weighing nearly 50 carats is now being offered in Geneva. The sapphire, extracted from a rough stone weighing 140 carats from the…
Alrosa’s annual report on the diamond investment market notes that the diamond market has fully recovered from the pandemic. A structural decline in production due to stock depletion and growing demand from…
Mr. Piyush Goyal, Hon’ble Minister of Commerce & Industry, Consumer Affairs, Food & Public Distribution and Textiles, has been in the news for his winning export-centric moves. Mr. Piyush Goyal is a…
Festive spending intent up y-o-y for urban Indians Weddings and festivals are important drivers of gold demand in India. And according to a recent YouGov survey, urban Indians intend to spend more…
In 2014, the Gemological Institute of America (GIA) declared the ruby fields of Mozambique as the most important ruby discovery of this new century. Because of their recent unearthing, many consider Mozambique rubies younger than Burmese.…
Exports Recorded at Rs. 24239.81 Cr in August 2021 as compared to Rs. 20793.80 Cr in August 2019; Surpasses Pre-Pandemic Levels Studded Gold Jewellery Exports soar 110.81% in August 2021 as compared…