Akshaya Tritiya: Jewellers expect pick up in sales on softening of gold pricesJewellery from 5-33 grams and coins in 1-2 grams range are popular this year, he said, adding that this year, after Hallmarking, jewellery ...
Akshaya Tritiya: Jewellers expect pick up in sales on softening of gold pricesIndian jewellers have witnessed a rise in demand for gold on the auspicious day of Akshaya Tritiya, thanks to recent softening of gold pric...
Jewellers expect footfalls to increase during DhanterasJewellers are expecting the footfalls to increase during Dhanteras, spread over two days of the weekend, with consumers getting in to marke...
400 new gold jewellery hallmarking centres to come up by end of next month“The government has said that hallmarking will become mandatory from June 1. So, we too, are coming up with an adequate number of hallmarki...
Demand for physical and paper gold picks up as prices fall 3% in MarchJewellers said that customers are quickly shift to online purchasing so they do not miss out the opportunity of buying gold at a lower pric...
Gold demand revives as jewellers start restocking for festive and wedding seasonUntil a week ago, bullion dealers were offering discounts on gold. But with the onset of Navratri demand, they have started charging a prem...
Jewellers struggle to execute big orders even as demand starts picking upJewellers are facing problems in executing big orders due to the absence of artisans. Now, they are taking 20-25 days to deliver the orders...
India’s gold jewellery trade shows early signs of recoveryA correction in prices of gold from Rs 56,000 per 10 gm in August to Rs 51,000 per 10 gm in September has also attracted end users buying g...
Gold consumers in India hug sidelines ignoring steep price dropDomestic gold prices fell by the most since October 2013 on Tuesday, capping this year’s rally at 33%.
Jewellers witness encouraging response from customers on their digital platforms for Akshaya TritiyaMr. Ajoy Chawla, CEO, Jewellery Division at Titan Company Limited said, "All 328 Tanishq stores remain shut this year and hence it would be...
Jewellers use digital platform, offer discount to sell gold this Akshaya Tritiya"As we started getting a lot of enquires from our regular customers, we have started taking Akshay Tritiya bookings online from 21st April ...
Jewellers want cut in import duty of gold and in income tax in Budget 2020Jewellers are expecting a reduction in import duty of gold and a cut in income tax for the common people in the upcoming Budget to spur dem...
Jewellers want more hallmarking centres to be set upThere are 860 hallmarking centres in the country. Each of these centres can handle 2000 pieces of gold jewellery per day. In FY19, around 4...
Jewellers want govt to reduce import duty on gold in BudgetGold now attracts an import duty of 10% and a GST of 3%.
Expect 10-30% increase in sales during Akshay Tritiya: JewellersJewellers said that the sales graph is on an uptrend and the consumer buying sentiment has been good since Gudi Padwa.
Budget 2019: Rural gold demand all set to rise, say tradersThe relief given in direct taxes to lower middle classes and sops for farmers will increase jewellery demand.
Jewellers expect 20-30% increase in sales this DiwaliThe market sentiment has become positive after government decided to do away with KYC requirement for cash purchase of gold of Rs 50,000.