Author name: JNI

According to the available fact-n-figure, India’s Gold Jewellery, in the category of Plain & Studded; the total gross export of Gold Jewellery at US$ 901.52 million (Rs. 7508.05 crores) in month of December 2023 is showing a growth of 45.81% (47.32% in Rs. term) as compared to US$ 618.27 million (Rs. 5096.25 crores) for the […]

As per the recent data by GJEPC, the apex body for the gems & jewellery industry in India, the overall exports for the April 2023-December 2023 period have witnessed a downfall of 20.78% Y-o-Y to USD 22.7 billion from US$ 28664.98 million during the previous year. During December 2023, a drop of 9.04% to USD

In a Pre-Budget Quote, Prithviraj Kothari, Managing Director of RiddiSiddhi Bullions Limited (RSBL) expressed that the expectations of the trade. Given the proximity of the national elections this year, we expect that the 2024 budget will be populist and people-friendly. The emphasis will continue on improving infrastructure, Make in India, electric vehicles, and power generation.

In a glittering celebration of excellence, the gem and jewellery industry bestowed its highest honour at the prestigious IIJS Signature Show, as they were inducted into the coveted Hall of Fame category. The event served as a platform to recognise the outstanding contributions of these trailblazers who have left an indelible mark on the industry.

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

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