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BRIDAL JEWELLERY SALES
Exchange of old gold has risen almost 60% year-on-year, say jewellery retailersGold prices are soaring in India, prompting a surge in old gold exchanges. Consumers are trading in existing jewellery to buy new pieces. T...- Gold demand drops 70% after sharp duty hike in IndiaDemand fell to about 7.5 tonnes in the fortnight ended May 27 from around 25 tonnes a year earlier, according to industry estimates. The go...
- Bonus issue alert! Goldiam International announces 1:3 bonus reward for shareholders. Check detailsGoldiam International approved a 1:3 bonus issue alongside its Q4FY26 results, marking its first bonus issue in around 21 years. The compan...
- SMR Jewels IPO opens today. Check GMP, price band, subscription and other detailsSMR Jewels' SME IPO launches Tuesday. Grey market activity shows flat sentiment with no premium expected. The company aims to raise Rs 67.2...
- Modi wants Indians to press pause on gold. But the $5.2 trillion obsession runs deepIndia’s attempt to protect the rupee is now colliding with one of the country’s strongest cultural habits — buying gold. After Prime Minist...
- Gold discounts in India hit record at $200/ounce as duty hike sparks sellingIndia's gold discounts hit a record over $200 an ounce Wednesday. This followed a sharp import duty increase to 15%. Higher local prices pr...
- Bridal jewellery gets a gold rush across India as panic buying over policy curbs and higher duties intensifiesConsumers are rushing to buy bridal jewellery across India. This surge follows Prime Minister Narendra Modi's call for austerity measures. ...
- As gold prices soar, lab-grown diamonds shine brighter in wedding seasonWith the price of gold on the rise, lab-grown diamonds are becoming more popular for weddings this year.
- Rising gold prices elevate demand for antique & jadau jewellery this wedding seasonThis wedding season, brides are favoring antique and jadau jewellery, driving up gold prices and pushing average budgets to Rs 10 lakhs fro...
- Fears of pandemic’s second wave worries Tanishq this wedding season even as it registers increased wallet shareWhile the company had anticipated the need for lighter jewellery amid pressure on earnings this pandemic-disrupted fiscal, weddings in urba...
- Brides reject gold, pair with platinum this seasonSpot gold price crossed Rs 40,000 mark again on Thursday, trading at Rs 40,068 per 10 gm.
- Dubai imposes 5% import duty on gold jewelleryThe new levy may boost bridal jewellery sales in India because many Indian shoppers had turned to Dubai owing to the cheaper gold there and...
- Soaring prices may hit gold sales on Akshaya TritiyaAkshaya Tritiya, considered an auspicious day to buy gold, is likely to be lacklustre this time as jewellers are expecting negative to marg...
- Indian platinum jewellery retail sales grew by 24% in 2015: PGIThe report says that platinum jewekllery is on a growth curve with growing consumer acceptance, increasing distribution and successful bran...
- Platinum gets gilt edge, sales up 30 per centDespite a muted demand for gold jewellery in the first two months of the current fiscal, platinum jewellery sales have grown 25-30 per cent
- Weak gold may lift sales by up to 25 per cent this Akshaya TritiyaRising dollar strength and removal of import duty are likely to weaken the prices of the yellow metal even further from the current levels.
- India platinum jewellery sales grew by 28 per cent in 2014The Industry overview for 2014 has seen a change in the buying trend for precious metal jewellery, leaning more towards everyday wear and g...
- Platinum Guild International to launch new line of bridal jewellery this weekendPlatinum jewellery is available across 800-plus stores in the top-30 metros and expanding across 70 tier-1 and tier-2 cities in India.
- Platinum jewellery is gaining more favours among young Indian customers, say retailersSurvey by Platinum Guild International shows occasions for receiving platinum jewellery are 18th birthday, completion of school education, ...
- Brides opt for fake jewellery as gold prices soarSome brides don’t even spend on artificial ornaments. They simply rent a set for the day.
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