Page 2 - Jewellers

Gold standard of hallmarking purity is now just a click away: Here's how

Download BIS Care app, use 'verify HUID' to check authenticity

Jewellers expect sales during Akshaya Tritiya to surpass 2019 level

However, some of them feel that the recent surge in gold prices could become a hindrance

Bumper wedding season may help push Indian gold imports to 6-year high

A recovery in consumer confidence and a retreat in gold prices from last year's peak are likely to further bolster demand

Jewellers expecting strong demand during Dhanteras on softer gold prices

With jewellery market already on robust recovery path, jewellers are expecting strong Diwali sales in Dhanteras as festive mood remains high with low Covid third wave possibility, softer gold price.

Jewellers sell Rs 100 gold online in the festive season warm-up

The jewellers have launched the offers just as the festive season begins, when gold demand peaks

Jeweller Joyalukkas said to plan $400 million IPO next year: Report

Joyalukkas may file a draft prospectus by end of November or early December: report

Gujarat: Over 15,000 jewellers join nationwide strike against HUID

Over 15,000 jewellers across Gujarat kept their businesses shut as they joined the nationwide strike against the implementation of Hallmarking Unique ID (HUID) system, industry stakeholders claimed

GST only on margin earned on resale of second-hand jewellery: AAR

Jewellers will have to pay GST only on the profit earned on resale of second-hand gold jewellery, Karnataka AAR has ruled.

Akshaya Tritiya begins on sombre note; jewellers expect 10-15% sales

Akshaya Tritiya, a highly auspicious day to purchase gold, has started on a sombre note and jewellers are expecting only 10-15 per cent sales as the onset of the COVID-19 second wave, local restrictions and partial lockdowns have affected consumer sentiment. "As most of the states are under lockdown to curb the infections there is almost no business activity. The day of Akshaya Tritiya has begun on a slow note and whatever booking or enquiries are happening it is only through tele or digital medium," All-India Gems & Jewellery Domestic Council (GJC) chairman Ashish Pethe told PTI. He said, jewellers are expecting only 10-15 per cent sales this Akshaya Tritiya in places where the lockdown is not imposed or there are partial shutdowns. The second wave of the pandemic is turning out to be much worse than last year with huge loss of life across the country causing an overall negative consumer sentiment, Pethe said. India's COVID-19 tally of cases climbed to 2,40,46,809, while the ...

Make jewellers partners in gold deposit scheme

The number of places where gold can be tendered is limited and the staff there is ill-trained, making the scheme a non-starter

Jewellers see Dhanteras sales jumping 33% over last year on low gold price

Fall in the price of gold the past one week and from the August's peak has sparked expectations of a better show

BSE signs MoU with premier bullion trade associations across India

These associations collectively represent close to 2,200 members, engaged in retail sale and trade of bullion

Indian jewellers gear up for next festival as gold sales pick up pace

Indians celebrated the Dussehra festival on Sunday, and now await Diwali and Dhanteras in November

Jewellers bet big on Dussehra, expect 65% of total biz this festival season

Gold prices were on Friday ruling at around Rs 49,200-51,000 per 10 grams in the domestic market, while in the international market, it was at USD 1,908 an ounce.

Jewellers bargain on rent, pare store sizes and stocks to stay afloat

Migrant workers told not to return from hometowns despite onset of festive season

Gold prices at new all-time high, entering years-long bull run: Analysts

Investment in precious metal safe based on outlook for India in the next four months

Jewellers start melting new ornaments to pare inventory as recession bites

Scrap supply likely to reach 140 tonne in CY20, as against 119 tonne last year

Three standards for hallmarked gold not enough, need more, say Jewellers

In view of the disruption in the wake of the Covid-19 crisis, they also urged the government to extend the next year's deadline for mandatory hallmarking.

Jewellers opening stores, see demand revival as deferred weddings take off

Mumbai retailers to start odd-even formula, that is, shops on either side of the street opening on alternative days. Initially, more customers may sell jewellery/gold to raise money

Jewellers start opening stores, sales down 25% amid Covid-19 crisis

All India Gems and Jewellery Domestic Council Chairman Anantha Padmanabhan said jewellers have opened shops in few states after taking permission from local authorities in the last one week