Author name: JNI

Daily gold market trading volumes around the globe averaged US$152bn in December, 13% lower m/m. While gold ETF volumes (+17%) increased, OTC transactions (-10%) and exchange-traded derivative activities (-18%) fell. In 2023, gold trading volumes surged by 24% compared to the 2022 daily average. This was chiefly supported by notably higher trading activities at the […]

Gold is deeply embedded in Indian culture and purchases are often driven by tradition. Typically, all family members are involved in decision making about how and when gold jewellery purchases are made. Discussions over the years between Metals Focus and retail jewellers have revealed that weddings remain the key motive for buying gold in India.

The overall gross Exports of Cut & Polished Diamonds (CPD) during the April-December 2023 totaled at US$ 11926.1 million (Rs. 98638.48 crores) is showing a decline of 28.27% (-25.32% Rs. term) as compared to US$ 16625.45 million (Rs. 132075.49 crores) for the same period of previous year. The overall gross Imports of Cut & Polished

In anticipation of the upcoming spring season, Reliance Jewels, known for its deep connection to India’s cultural heritage, is thrilled to introduce its latest collection. This new ensemble pays homage to the vibrant and diverse spring harvest festivals celebrated across the country. Inspired by astrological mandala patterns, particularly significant during this auspicious period, the collection

Silvostyle by PNG has announced it has signed Rasha Thadani, as the new face for its upcoming campaigns. The grand reveal with the latest campaign for the brand marks a significant moment in the brand’s journey, elevating its image to new heights of success. Incidentally, the brand is the very first in India to sign

India’s No 1 Gold Platform, run by Augmont Gold For All, is thrilled to announce the launch of its new Shree Ram Mandir Coin Kit as a reverent tribute to the monumental Shree Ram Mandir. This exclusive kit includes a beautifully crafted Chopai, a finely detailed miniature representation of the Ram Mandir, and the sacred

India is the second largest jewellery market the gold market forms a deeply intrinsic part of India. For the population of 1.4bn, gold, and specifically gold jewellery, plays a central role, acting both as an adornment and a form of investment. It is therefore not surprising that for decades India was the largest consumer of

Upon releasing the Gem & Jewellery Export figures of India for the period of December 2023, here is the Cut & Polished (C&P) Diamonds exports for the December 2023. The overall gross export of Cut & Polished diamonds at US$ 862.48 million (Rs. 7182.53 crores) in month of December 2023 is showing a decline of

While silver has long been valued as a precious metal, its high reflectivity and very good electrical conductivity have made it indispensable in photovoltaics, as well as electronics and other industrial applications. All told, the Silver Institute expects industrial demand to reach 632 million ounces in 2023 against total demand of 1.14 billion ounces. The

Some themes that have characterised the past couple of years are expected to continue into 2024. Supply is expected to remain subdued in 2024, albeit higher than in 2023. Automotive demand is expected to continue increasing, as platinum for palladium substitution growth offsets a decline in production of vehicles containing an autocatalyst. A reduction of