Akshaya Tritiya begins on sombre note; jewellers expect 10-15% salesAll-India Gems & Jewellery Domestic Council (GJC) chairman Ashish Pethe said, jewellers are expecting only 10-15 per cent sales this Akshay...
14 May, 2021, 02.16 PM IST
Muthoot MD shines a light on how gold loan business works, with Covid as a backdropWe do not give finance on gold bars, coins, bullions etc. We only give loans against household ornaments. Ornaments also have a 15% to 20% ...
19 Apr, 2021, 04.04 PM IST
Maharashtra: Lockdown to impact jewellery sales on Gudi PadwaAmid a massive surge in Covid-19 cases in the state, Maharashtra government on Sunday imposed complete lockdown next weekend from 8 pm on F...
07 Apr, 2021, 06.15 PM IST
Titan Q1 results: Revenue declines 62% due to Covid-19 led disruptionThe maker of watches, jewellery and eyewear reported a loss of Rs 270 crore, as costs remained fixed but revenues were impacted by impositi...
10 Aug, 2020, 05.59 PM IST
Titan, Minda & TTK among 10 firms from 10 sectors telling you where Covid hurt them the mostMost companies are clueless about how the endemic disrupted their markets and businesses.
03 Jun, 2020, 07.25 PM IST
Gold’s allure to remain ‘feeble’ in India until SeptemberConsumption in the world’s second-biggest user came crashing down in the first quarter.
03 Jun, 2020, 02.02 PM IST
Gold dips as investors opt for dollar on 'second wave' fearsUS gold futures fell 0.9 per cent to $1,697.80 per ounce.
11 May, 2020, 09.30 PM IST
Ind-Ra sees jewellery sales declining 25 pc in FY21Jewellery demand, which is primarily driven by marriage season and a couple of festivals in the first quarter, has been significantly washe...
11 May, 2020, 05.16 PM IST
Rush for gold loans seen as Indians seek refuge from slowdownIndians may borrow more against their stash of gold as the world’s biggest lockdown raises financial stress .
30 Apr, 2020, 09.43 PM IST
India's Jan-Mar gold demand falls 36% due to volatile prices, economic uncertainties: WGCJewellery demand and gold investment demand also declined in the first quarter.
30 Apr, 2020, 01.55 PM IST
Gold falls to near 1-week low, gains in equities weighUS gold futures dipped 0.5 per cent to $1,715.40.
28 Apr, 2020, 09.46 PM IST
Covid-19 outbreak ahead of Akshaya Tritiya is credit negative for gold jewellery retail industry: ICRAThe lockdown has resulted in closure of retail stores across the country.
21 Apr, 2020, 03.02 PM IST
Asia Gold: Coronavirus lockdowns stall action at top hubs, choke supplyMarket activity was stalled in top gold consumer China, which was trying to prevent a second wave of infections.
09 Apr, 2020, 07.17 PM IST
Gold will have a good run in next few years: PR SomasundaramExpect recycling of gold to jump significantly, says MD-India, World Gold Council.
01 Apr, 2020, 09.10 AM IST
Green shoots of recovery wither due to Covid: CLSAJapanese brokerage firm Nomura also sees the lockdown impacting growth recovery.
01 Apr, 2020, 08.08 AM IST
Gold eases, but eyes biggest weekly gain since 2008Spot 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.
27 Mar, 2020, 10.18 PM IST
Gold rate drops amid rush for cashGold futures were down 0.73 per cent or Rs 307 to Rs 40,952 per 10 grams.
26 Mar, 2020, 07.07 PM IST