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JEWELRY SALES DECLINE
Gold & silver fall after Fed signals possible rate hikeGold and silver prices dropped on MCX Thursday due to heavy selling, influenced by global bullion losses after the US Federal Reserve hinte...- Gravity-defying Korean stock boom sparks wild Rolex, Bentley luxury shopping spreeSouth Korea's Kospi market surge has fueled a luxury goods boom, with teenagers and young adults leading the spending spree. Pent-up consum...
- Lusting for lasting in instant age: Why consumers are choosing forever over fastToday's consumers are embracing a more sustainable mindset, steering clear of throwaway items in favor of possessions that stand the test o...
- Senco's stellar Q3 topline growth driven by gold price rally; likely to close FY with ₹8,000 cr revenue: MDSenco Gold & Diamonds reported a strong 39% same-store sales growth in Q3 FY26, driven by robust festive and wedding demand and significant...
- Titan says soaring gold prices are curbing customer growthTitan Co., India's largest jewelry maker, faces reduced customer demand as gold prices reach record highs. Sales growth is now driven by pr...
- Indian billionaires who amassed gold fortunes in Dubai face slowdownIndian entrepreneurs are dominating Dubai's retail gold market, building empires from the Gold Souk to high-end malls. Malabar Gold & Diamo...
- Buyers keep hands off gold, as sales plunge 60% in June, steepest drop since CovidGold sales in India witnessed a sharp decline in June. The drop is attributed to high and fluctuating gold prices. India Bullion & Jeweller...
- Akshaya Tritiya & Gold: Indian buyers balk at high prices of yellow metalGold on Akshaya Tritiya: High gold prices in India, driven by global factors, are impacting Akshaya Tritiya sales and wedding-related purch...
- Titan shares in focus ahead of Q3 earnings todayTitan's Q3FY25 revenue is expected to grow 24% YoY, driven by strong festive and wedding season demand. Jewellery sales rose 26%, but a one...
- Titan Q3 Results Preview: Exceptional loss to curtail profit, but strong sales growth expectedTitan is expected to report 24% YoY growth in standalone jewelry sales for Q3FY25, driven by strong demand in gold jewelry and the wedding ...
- Q1 results today: Titan among 98 companies to announce earnings on FridayNumerous companies are expected to reveal their first quarter earnings, including Titan, Hindustan Zinc, and Delhivery. Titan's performance...
- Titan Q1 Preview: A tepid quarter on the cards with muted profitabilityTitan faced a tepid first quarter amid fewer wedding days, skyrocketing gold prices, and regional competition. Analysts predict a 6% year-o...
- Titan Q4 Results Today: Profit, revenue seen rising in high double-digitsTitan Q4 Results Today: Titan Company poised for strong Q4 performance with high double-digit revenue growth. Jewelry segment expected to l...
- Titan Q3 Preview: Profit may rise up to 27% YoY; strong revenue growth eyedTitan's Q3 revenues are expected to rise 25% YoY, mainly driven by yet another strong quarter for the jewellery business. Net profit for th...
- Pear-shaped pink diamond sells for $28.8 mn at Christie's auctionThe auction house said an unidentified Asian buyer snapped up the diamond.
- India’s pandemic recovery means golden days ahead for jewelersIn the final quarter, Indians usually boost their purchases of gold ornaments for marriage celebrations, while sales of coins and bars for ...
- Titan Q1 results: Co reports net profit of Rs 61 cr, beats estimate; sales rise 74.5%The jewelry company’s sales in the quarter jumped 74.5 per cent on a year-on-year basis to Rs. 3,249 crore aided by a low base in the year-...
- Central banks sell gold for first time in a decadeWhile inflows into exchange-traded funds have driven gold’s advance in 2020, buying by central banks has helped underpin bullion in recent ...
- World’s top gold market freezes as Chinese shoppers stay awayChina is the biggest buyer of gold bars, coins and jewelry.
- Platinum, Palladium supplies at 12-year lowThe platinum market swung into the biggest shortage since 2002 last year as supply fell to a 12-year low on strikes and stoppages in South ...
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