The jump in imports has been the sharpest in the case of gold jewellery parts that saw 30 times jump to $1.55 billion in FY24 from $51.51 million a year ago
The woman exhibited the jewellery at a showcase in the United States, where it was subsequently found to be counterfeit
Amid spurt in seizures of gold jewellery; monitor gold shipments under free trade pact
In Delhi, Bengaluru, and Chennai, the price of ten grams of 22-carat gold stood at Rs 67,260, Rs 67,110, and Rs 67,760, respectively
In Delhi, Bengaluru, and Chennai, the price of ten grams of 22-carat gold stood at Rs 69,060, Rs 68,910, and Rs 69,010, respectively
The price of 22-carat gold also went down by Rs 10, with the yellow metal selling at Rs 67,240
The price of 22-carat gold also went down by Rs 10, with the yellow metal selling at Rs 66,140
The price of 22-carat gold also went down by Rs 10, with the yellow metal selling at Rs 66,360
The price of 22-carat gold also dipped Rs 10, with the yellow metal selling at Rs 67,640
In Delhi, Bengaluru, and Chennai, the price of ten grams of 22-carat gold stood at Rs 68,110, Rs 67,960, and Rs 68,710, respectively
In Mumbai, the price of ten grams of 22-carat gold is at par with that in Kolkata and Hyderabad, at Rs 66,490
The price of one kilogram of silver in Chennai stood at Rs 89,100
In Delhi, Bengaluru, and Chennai, the price of ten grams of 22-carat gold stood at Rs 63,490, Rs 63,340, and Rs 64,290, respectively
In Mumbai, the price of ten grams of 22-carat gold is at par with that in Kolkata and Hyderabad, at Rs 61,140
The price of one kilogram of silver in Delhi, Mumbai, and Kolkata stood at Rs 77,900
The price of one kilogram of silver in Delhi, Mumbai, and Kolkata stood at Rs 76,900
The price of one kilogram of silver in Delhi, Mumbai, and Kolkata stood at Rs 76,200
Gold futures scaled a new high of $2,150 per ounce in international markets on hopes of Fed rate cut; but domestic demand a concern for jewellers back home.
The Directorate General of Foreign Trade (DGFT) on Wednesday pitched for formulating a robust branding strategy positioning India as a top supplier and value-added provider of gold jewellery. "India stands as one of the largest buyers of gold globally, showcasing considerable buying power that can potentially influence the streamlining of gold prices and availability. "Recognising the fragmented nature of gold demand in India, spanning from small to large jewellers and varying from kilograms to tonnes, there's a pressing need for streamlining exports," DGFT Director General Santosh Kumar Sarangi said. He was speaking at the 4th edition of the 2-day 'India Gold & Jewellery Summit' that concluded on Wednesday. "Collaboration between the Department of Commerce, GJEPC, and leading brands is essential to formulate a robust branding strategy positioning India as a top supplier and value-added provider of gold jewellery," he said. According to him, the potential of e-commerce in cross ..
From offering up to 30 per cent discounts to exciting cashback offers, top jewellery brands have opened their doors to a plethora of enticing deals and promotions this Dhanteras