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JJ GOLD HOUSE
From myth to masterpiece: Raja Ravi Varma’s legacy shines in landmark auction milestoneOne hundred and twenty years after his passing, Raja Ravi Varma continues to cast his spell on India’s art world with ‘Yashoda and Krishna’...- Gold at ₹1.59 lakh per 10 gm: Jewellers halt purchases as sales fall 70%Gold and silver prices have reached unprecedented levels. This surge is driven by global geopolitical unrest, a weaker US dollar, and antic...
- Record gold prices in India fail to unlock scrap supplySupplies of used gold jewellery and coins in India remain scarce despite record-high prices, as investors expect further gains and prefer h...
- Soaring bullion prices threaten to dull India's festive gold sparkleGold demand in India is anticipated to weaken this festive season due to record-high prices deterring jewellery purchases, despite increase...
- Indian dealers offer steeper discounts as price rally dulls demandGold discounts in India have surged to a one-month high due to near-record domestic prices dampening demand. Dealers are offering discounts...
- India's March gold imports set to drop 90% as prices surgeIndia's gold imports are anticipated to plummet by over 90% in March, reaching the lowest level since the COVID pandemic. This decline, dri...
- Gold demand remains subdued despite easing Covid restrictionsBullion dealers said jewellers are not keen to restock despite discount offers as consumers continue to stay away from marketplaces on fear...
- India's March gold imports surge 471% to a record 160 tonnes: Government sourceHigher imports by the world's second-biggest bullion consumer could support benchmark gold prices, which have corrected nearly 17% from an ...
- Low gold prices spark flurry of activity in IndiaGold futures in India were trading around Rs 46,000 per 10 grams, not far from the eight-month trough of Rs 45,861 touched last week.
- Customers trickle in as Indian gold dealers hope for festive boost"Slowly, demand has been improving. Retail buyers have started visiting jewellery stores," said Harshad Ajmera, proprietor of wholesaler JJ...
- India gold dealers offer big discounts as virus fears stifle demandIndia's gold imports plunged 99% in May from a year earlier.
- Gold trades flat on MCX ahead of Fed meetWhile paper gold traders are focusing on intraday bets, demand from jewellery buyers is seeing a gradual pick up.
- Gold demand ticks up on fall in global ratesThe domestic gold takes price cues from overseas markets as India imports most of the 800 tonne of the metal it consumes annually.
- Gold demand likely to improve in a week amid festivalsThe government recently dashed the bullion industry’s hopes by leaving gold import duty untouched at 10 per cent.
- Gold prices stay flat amid thin demand as overseas rate easesMCX gold for October delivery, which closely reflects the spot rate, traded at Rs 28,630 per 10 gm, Rs 3 below the closing price on the pre...
- Gold demand likely to improve in a week amid festivalsMost jewellers were looking for a rationalisation of the duty and expected a 200-basis point cut in the July 10 budget. A basis point is on...
- Indian gold prices edge lower on rupee, global cuesGold prices in India, nudged down on Thursday mirroring global prices and as the rupee regained some poise against the dollar.
- Change in gold, silver duty hits bullion banksThe recent change in gold and silver's duty structure from a flat to a value-based rate will create a host of problems for banks.
- Duty hike drags down gold priceJewellers said the recent duty hike over and above the reigning high price would eventually act as a drag on demand and result in lower imp...
- Spot buying of gold & silver picks up in Indian marketsTracking overseas spot prices, gold and silver closed down 3.1% and 5.4% respectively in Mumbai. The fall boosted wedding season purchases.
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