All-India Gems & Jewellery Domestic Council (GJC) chairman Ashish Pethe said, jewellers are expecting only 10-15 per cent sales this Akshay...

We do not give finance on gold bars, coins, bullions etc. We only give loans against household ornaments. Ornaments also have a 15% to 20% ...

Amid a massive surge in Covid-19 cases in the state, Maharashtra government on Sunday imposed complete lockdown next weekend from 8 pm on F...

The maker of watches, jewellery and eyewear reported a loss of Rs 270 crore, as costs remained fixed but revenues were impacted by impositi...

Most companies are clueless about how the endemic disrupted their markets and businesses.

Consumption in the world’s second-biggest user came crashing down in the first quarter.

US gold futures fell 0.9 per cent to $1,697.80 per ounce.

Jewellery demand, which is primarily driven by marriage season and a couple of festivals in the first quarter, has been significantly washe...

Indians may borrow more against their stash of gold as the world’s biggest lockdown raises financial stress .

Jewellery demand and gold investment demand also declined in the first quarter.

US gold futures dipped 0.5 per cent to $1,715.40.

The lockdown has resulted in closure of retail stores across the country.

Market activity was stalled in top gold consumer China, which was trying to prevent a second wave of infections.

Expect recycling of gold to jump significantly, says MD-India, World Gold Council.

Japanese brokerage firm Nomura also sees the lockdown impacting growth recovery.

Spot gold fell 0.5% to $1,620.81 per ounce as of 11:42 a.m. EDT (1542 GMT). U.S. gold futures were 1.7% lower at $1,623.30 per ounce.

Gold futures were down 0.73 per cent or Rs 307 to Rs 40,952 per 10 grams.