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UMEDMAL TILOKCHAND ZAVERI
Gold rush to summit sees demand trampledGold prices soar in Kolkata's Zaveri Bazaar, impacting sales. Jewellers hopeful for a recovery during Akshay Tritiya. Mumbai sees 70% deman...
02 Apr, 2024, 06.00 AM IST
Indians are fence sitters in massive global silver rallyDemand determines the price of any commodity. But that does not seem to be the case with silver, which has gained nearly 54% to about Rs 73...
07 Feb, 2021, 04.20 PM IST
Supply-side issues: Though Indians have huge appetite for gold, organised refiners are finding the going toughRaw material supply is the biggest curse in the gold refining business. The 30-odd accredited gold refineries in India battle it out every ...
01 Nov, 2020, 12.17 PM IST
Investors turn to online and paper gold as prices surgeGold was always seen as a safe investment, especially during a crisis. But purchases in the physical form — bars, coins and jewellery — is ...
05 Sep, 2020, 11.00 PM IST
Jewellery industry lose shine as corona scare grips peopleFollowing the coronavirus outbreak, the gems and jewellery sector in the country has come to a standstill with retailers managing to do onl...
18 Mar, 2020, 12.39 PM IST
Millennials prefer studded ornaments to plain goldSome 20% of jewellery sales by volume is now diamond-studded jewellery, according to industry executives.
14 Oct, 2019, 08.52 PM IST
Why the looming spectre of Nirav Modi is engendering vulnerability in India’s diamantairesThe demand for diamond jewellery, especially from unorganised players, seems to have decreased 10-15% within two months, suggested a pan In...
04 May, 2018, 03.28 PM IST
How gold jewellery hubs are losing their traditional lustreGold import and consumption data suggests traditional one-shop jewellers are fighting a losing battle with organised retail as new-age cons...
26 Dec, 2017, 08.22 AM IST
GST rollout: How businesses & consumers coped with India's biggest tax reformTake a look at how traders and consumers across spectrum are reacting to five-tax slabs instead of a plethora of state, local and national ...
29 Sep, 2017, 01.31 PM IST
GST scare leaves Mumbai's Zaveri Bazaar desertedIndia is amongst the largest consumers of “yellow metal” in the world. Despite a 21% drop in gold purchases last year, Indians bought 675.5...
03 Jul, 2017, 08.02 PM IST
Retailers expect gold prices to fall further to around Rs 25,000 in short termWith gold prices tumbling to a 15-month low today, retailers are witnessing a surge in demand and expect up to 50% spike in sales volume.
15 Apr, 2013, 07.23 PM IST
- Jewellers expect 40% rise in sales on Dhanteras
High gold prices are unlikely to check the demand and sales may rise up to 40 per cent on this 'Dhanteras'.
04 Nov, 2012, 12.35 PM IST
- Gold demand post-strike below expectations: Traders
Gold demand was less than expected today here when the bullion market reopened after the 21-day strike, jewellers said.
09 Apr, 2012, 07.52 PM IST