KYC not needed for buying jewellery above Rs 50,000

KYC not needed for buying jewellery above Rs 50,000

In a major relief for bullion dealers and jewellery retailers, the government has rescinded applicability of the Prevention of Money Laundering Act (PMLA) on purchases of precious ornaments above of Rs 50,000. In a notification...
gold

Gold Prices Drop for Fourth Consecutive Week

As the first week of October drew to a close, gold prices were hovering near two month lows, having fallen consistently for four weeks in a row for the first time this year. The...
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Vicenzaoro helps jewellery industry discover trends of the future

International Jewellery Exhibition, Vicenzaoro September 2017, has launched Trendbook 2019+ in collaboration with Trendvision Jewellery + Forecasting, the world forecasting observatory of jewellery. Every year, Trendvision Jewelery + Forecasting provides market insights and the study...
IIJW Day 1

Spectacular Presentations at IIJW 2017 Day One

Following the special Inaugural Show presented by Nakshatra World, the rest of the first day of the 7th edition of the India International Jewellery Week (IIJW 2017) saw some spectacular presentations by well known...
gold jewelry

Gold Imports Rises 3 Times to $15 BN as Festive Season Knocks on The...

The country's gold imports recorded a three-fold jump to USD 15.24 billion during the April-August period of the current fiscal, commerce ministry data showed. Gold imports, which has a bearing on the country's current account...
Pearl-Chain-Stud-Peacock-Gold

Claudia Bradby Expands Gold Range In Response To Retailer Demand

Cultured pearl specialist Claudia Bradby Jewellery has responded to retailer demand and increased its range of gold jewellery for the AW17 season. Bestselling Essentials items are now available in a gold finish. Highlights of the...
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Sif Jakobs Jewellery opens 14 new accounts at IJL

Award-winning Danish jewellery brand Sif Jakobs Jewellery enjoyed a hugely successful IJL show earlier this week, securing 14 new accounts over the course of the three-day event. These new accounts take the brand’s total number...
gold

Gold Price Near 12 Month High on Renewed Political Tensions, Economic Uncertainity

Global gold prices soared to near US$ 1340 per ounce during trading on Monday, Sept 4, a little below the US$ 1349 per ounce recorded in early September 2016 as political tensions intensified following...
Diamond-ring

De Beers Ups Diamond Marketing Investment to $140M This Year

London--De Beers announced it is upping its diamond marketing spend to $140 million this year, with a focus on the United States, China and India. The De Beers Group said it is the largest investment...
Andrew Geoghegan

Andrew Geoghegan reveals new pricing strategy at IJL

Multi-award-winning brand Andrew Geoghegan has launched an evolution in its pricing strategy, and striking new collections at International Jewellery London. The new pricing strategy comes after a detailed retailer and consumer surveys, alongside industry research. “As...

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Botswana and De Beers Seal Landmark Diamond Agreement

Botswana and De Beers Seal Landmark Diamond Agreement

Botswana and De Beers have officially signed a long-awaited diamond sales agreement, months after the initial deadline for renewal in June 2023. Botswana’s newly elected...
SRK Sets New Benchmark In Sustainability By Achieving Reduction In GHG Emissions

SRK Sets New Benchmark In Sustainability By Achieving Reduction In GHG Emissions

By achieving a 34% reduction in greenhouse gas emissions per carat compared to the global industry average As of November 2024, SRK recorded...
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