Author name: JNI

Recently, the World Gold Council (WGC) released their Gold Market Commentary, for the month of December 2023. The Commentary said, Emerging market (EM) demand for gold provided not only a ballast to lacklustre developed market (DM) activity but also helped drive gold prices to record highs. Gold prices rose 15% in 2023 to reach US$2,078/oz, […]

191 year old Legacy jewellery brand, PNG Jewellers has unveiled its new Bridal Collection Pratha for this year’s blockbuster wedding season. The Pratha collection is not just a celebration of our rich heritage and craftsmanship but an embodiment of our cultural legacy. Pratha, although has been created keeping the bride in mind, it is not

Embarking on an extraordinary journey of knowledge and discovery, students from J K Diamonds Institute of Gems & Jewelry recently had the privilege of experiencing a once-in-a-lifetime International Study Tour to Africa. Specifically, the tour took them to Tanzania and Zambia, where they delved deep into the mesmerizing world of gemstones, exploring Tanzanite mines and

Augmont Gold For All, India’s No. 1 Gold Platform, has launched a campaign called, Inaam Mela to promote its gold loan services in Karnataka, Andhra Pradesh, and Telangana. The campaign is poised to captivate audiences with enticing offers and giveaways, elevating the gold loan experience for customers across the targeted regions. It offers guaranteed personalised

At the December 2023 overview, World Gold Council presented that, Global physically backed gold ETFs witnessed net outflows of US$1bn in December, marking their seventh consecutive monthly loss. Collective holdings stood at 3,225t at the end of 2023, a 10t decrease in December. Benefiting from continued strength in the gold price (+2% m/m), total AUM

Diamonds Do Good published its annual Impact Report while announcing its largest granting in 5 years of $365,000 to beneficiaries spanning diamond mining and manufacturing communities across three continents. Says Kathy Corey, Diamonds Do Good’s President, “The 2023 Impact Report is a testament to the unique role Diamonds Do Good serves the industry as the

Directorate of Enforcement (ED) has conducted search operations under the provisions of Prevention of Money Laundering Act (PMLA), 2002 on 02.01.2024 at three locations in Patna (residential and business premises) related to M/s Mohan Alankar Jewellers and Co. and arrested Sourav Kumar( Son of the proprietor of the firm) on 04.01.2024 in the case of

While silver experienced plenty of volatility in 2023 due to competing headwinds and tailwinds, it didn’t see the breakout some expected. Instead, it looks ready to end the year in largely the same place in which it started. Looking ahead to 2024, it’s possible silver will fare better as the Fed prepares to potentially take

Sarine Technologies announce the expansion of the GCAL by Sarine certification and grading business to Surat, India. This strategic move is a key benefit of the Sarine and GCAL merger, combining Sarine’s groundbreaking AI-based grading technologies, extensive customer base in the diamond midstream segment and operational infrastructure in India with GCAL’s leading grading brand and

Gold is intrinsic to Indian culture, closely tied to religious beliefs, tradition and festivals. Bridal jewellery dominates the gold jewellery landscape, enjoying 50-55% of market share; weddings, together with festivals, constitute the two major gold purchase occasions in India. In the absence of official records, the country is estimated to have around 11-13mn weddings per