India’s tryst with hallmarking of gold, in particular, and silver began somewhere in 2000. Then, under the aegis of the World Gold Council-Bureau of Indian Standards (WGC-BIS) combine, hallmarking of gold jewellery,…
IN FOCUS
Summary The domestic gold price ended 5.9% higher in April at Rs46,604/10g1 The second wave of the pandemic and a higher domestic gold price stifled retail demand in the month Indian official…
In the words of Steve Jobs, “Innovation is the ability to see change as an opportunity – not a threat”. As the industry continues to navigate this tumultuous period of uncertainty, staying…
Chinese demand for Sri Lankan sapphires, notably blue and Padparadscha sapphires, has been strong despite the pandemic, Armil Sammoon, a well-known Sri Lankan gemstone dealer and Sri Lanka ambassador for digital trading…
The undisputed leader in India’s gem and jewellery export basket, cut and polished diamonds (CPD) accounted for nearly 65% of India’s total gross exports in fiscal year 2020-21 that ended 31st March,…
Exports of Coloured Gemstones (CGS) from India saw a decline of 42% to $186.75 million from April 2020 to March 2021 as compared to $320.41 mn in the previous year. India’s coloured…
Silver exports, the standout growth category in FY 2020-21, has the potential to grow exponentially if certain issues are ironed out. The pandemic has affected the overall gem and jewellery exports from…
Summary The domestic gold price ended 5.2% lower in March at Rs43,994/10g1 A lower domestic gold price, and wedding season purchases boosted retail demand during the month, measured against the low sales…
Mahiar Borhanjoo of UNI Diamonds is optimistic about the performance of polished goods for the rest of the year. In a webinar hosted last week by Jewellery Outlook Editor David Brough, Uni…
India’s overall gross exports of gems and jewellery in March 2021 jumped 78% year-on-year to $3.42 billion as retailers around the world replenished inventory to keep pace with rising sales. After three…