Senco witnesses 6% drop in gold sales; customers bullish on silver, diamondSenco Gold saw gold volumes decrease by 6% in FY26. However, silver and diamond sales increased significantly. The company achieved its hig...
Senco Gold shares fall 3% despite 151% jump in Q4 net profit; firm tops FY26 guidanceSenco Gold share price over 3% despite a 151% net profit jump to Rs 157 crore in Q4, driven by strong revenue growth and improved margins. ...
Gold import duty hike inflates prices, raises smuggling risk: Gem & Jewellery Export Promotion CouncilThe Gem and Jewellery Export Promotion Council has urged the government to discuss ways to control gold imports. They state that increasing...
- Jewellers say people were already recycling, exchanging old gold instead of new purchases amid PM Modi's appeal
Indians are smartly buying gold. High prices mean more people are exchanging old jewellery for new. This reduces the need for fresh gold im...
'Softening gold prices may spur demand on Akshaya Tritiya', says TanishqGold jewellery purchases may advance for the April-July wedding season. Buyers can book orders on Akshaya Tritiya, April 19. Tanishq CEO Ar...
Jewellery demand up as gold falls 7% from peak of Rs 1 lakh per 10 gmGold prices have decreased, leading to more customers visiting jewellery stores. Demand is up for 18-carat and 22-carat jewellery due to th...
22K gold rates today: Check gold jewellery rates of Malabar Gold, Joyalukkas, Kalyan Jewellers, TanishqLatest 22K gold rates today: Purchasing hallmarked jewellery provides a third-party assurance of the purity of gold for the quoted price. L...
Gold hallmarking charges 2024: How much does it cost to get a gold/silver article hallmarked?Hallmarked jewellery provides third party assurance and satisfaction that customer gets right purity of gold/silver for the given price. Si...
Tanishq's carat & stick method that exposed tarnished jewellersIn 1998, Tanishq faced significant losses despite having 14 stores. A team led by Vasant Nangia identified 'under-caratage' as a key issue ...
Gold traders seek clarity on 20, 23, 24-carat inventory as hallmarking deadline nearsThe trade has informed the BIS that since March 2020, due to the pandemic situation and lockdowns, a majority of jewellers could not dispos...
MCX discount to spot prices reflects tepid demand for wedding jewelleryThe high level of selling is causing the futures to move into discount to spot, against a premium of Rs 100-150 in normal times.
Hallmarking now a must for gold jewellersThe rule is mandatory from today but jewellers get a year's time to register with BIS, clear their old stock.
Compulsory hallmarking to shield jewellery buyersThere are around 650 hallmarking centres across the country.
Compulsory hallmarking of gold jewellery to kick in soonMany in the trade believe compulsory hallmarking will kick in from April.
BIS revises standard for hallmarking of gold jewellery"Indian standard on gold hallmarking has been revised and has been made effective for implementation with effect from January 1, 2017," BIS...
Hallmarked ornaments will have to bear purity in caratage termsBIS, that’s charged with working on rules to make hallmarking compulsory, has said hallmarking of only 22, 18 and 14 carat jewellery will b...
India's gold exports can soar 400% in 5 years, says WGCIndian gold jewellery exports can increase by 400 per cent in the next five years if domestic hallmarking standards improve.