Crude jumps almost 10% on short covering; jewellers await demand pick up as gold tanksAt end of trading Friday top 10 clients were cumulatively short by 2825 contracts against their counterparts who were long 1743 contracts. ...
09 Nov, 2020, 10.27 PM IST
Indian jewellers gear up for next festival as gold sales pick pace"Dussehra sales gave confidence to jewellers. They're now buying for Diwali," said a Mumbai-based dealer with a bullion importing bank.
30 Oct, 2020, 07.08 PM IST
Indian jewellers gear up for next festival as sales pick paceIndians celebrated the Dussehra festival on Sunday, and now await Diwali and Dhanteras in November. "Dussehra sales gave confidence to jewe...
30 Oct, 2020, 06.42 PM IST
Bullion finds takers from banks at premium of $1.5/ozThe banker's comments were backed by jewellers like WHP Jewellers' director Aditya Pethe, who has vested hopes that between now and Diwali ...
22 Oct, 2020, 02.08 PM IST
Gold hits another record, but silver outperforms with stellar returnsIn the month through August 5, silver has risen 44.6% to Rs 71,200 a kilo, according to trade body IBJA' s PM rate.
05 Aug, 2020, 10.49 PM IST
Gold prices touch eight-year high in spot marketMCX silver continued to trade close to Rs 50,000 per kg.
01 Jul, 2020, 08.44 PM IST
Scrap sales tepid, hint early reports of jewellers as lockdown easesJewellers operating in states like Kerala , Maharashtra and Goa, whose governments have eased restrictions in certain areas , said Most cus...
21 May, 2020, 08.39 PM IST
Gold prices top Rs 45,000, reach demonetisation levelsOn April 9, 24 carat gold quoted at a record high of Rs 45,020 per 10 gram (ex -3% GST), data from trade body India Bullion & Jewellers Ass...
13 Apr, 2020, 02.19 AM IST
Prolonged shutdown risk for jewellers: WHP JewellersIndia is the world’s second largest jewellery consumer after Greater China. Prices of 99.5% purity gold have declined from over Rs 44000 pe...
23 Mar, 2020, 07.03 PM IST
Gold demand fades 40-50% in NavaratriPrices went up by 2 per cent to Rs 39,590 per 10 gm.
10 Oct, 2019, 07.44 AM IST
Price drop unlikely to lift gold demandThe total gold demand in 2018 was 760.4 tonnes, according to the World Gold Council data.
12 Sep, 2019, 08.19 AM IST
Jewellers complain to election commission of police harassmentJewellers have alleged that businesses and customers were being harassed by the police for carrying either cash or jewellery worth Rs 50,00...
08 Apr, 2019, 08.15 AM IST
Jewellers hopeful of better sales this Akshaya TritiyaAditya Pethe, Director, WHP Jewellers is expecting an increase of 15-20% in sales this year.
17 Apr, 2018, 04.00 PM IST
Demonetisation: Hoarders used gold to convert cash?Gold imports rose after recall move, fell after cap on note exchange: Report.
19 Nov, 2016, 01.04 AM IST
Unorganised jewellers continue strike in fear of 'inspector raj'Organised retailers like Gitanjali, Waman Hari Pethe Sons, PC Jeweller, etc, remained open while majority of those in unorganised segment w...
29 Mar, 2016, 02.10 AM IST
E-commerce portal ICustomMadeIt raises Rs 1.66 crore in 3rd round angel fundingICustomMadeIt, an e-commerce portal that sells personalised merchandise ranging from collectibles to cars, has raised Rs 1.66 crore from a ...
25 Aug, 2015, 05.18 PM IST
Velvetcase switches over to marketplace model, adds 180 jewellers and designers on its portalThe Mumbai-based company, founded in 2012, was earlier focused on selling customised and designer jewellery through its portal.
30 Jul, 2015, 03.06 AM IST