Despite slump, jewellers expect gold to drive up festive sales

KOLKATA: In spite of economic slowdown, jewellers are expecting gold offtake to go up this Diwali with lightweight and diamond jewellery being the flavour of the season. Tanishq, for instance, is extremely upbeat about this year’s Dhanteras and Diwali sales. Mr Sandeep Kulhalli, senior vice president, (Retail and Marketing), jewellery division, Titan Company Limited said, “at Tanishq, there has been a substantial growth all year … Read moreDespite slump, jewellers expect gold to drive up festive sales

Images of Pakistani citizen wearing gold jewellery falsely shared as Tirupati Balaji priest

Photographs of a man covered with gold chains and jewellery are circulating on social media. It is being claimed that the man is a priest at Tirupati Balaji. According to the claim, he has given 125 kg of gold to his three daughters. The set of photographs also includes an image of three women dressed … Read moreImages of Pakistani citizen wearing gold jewellery falsely shared as Tirupati Balaji priest

Gujarat: Gold prices at record high, jewellers jittery

Images used for representational purpose AHMEDABAD: As gold pricesrallied to a record high on Monday, breaching the Rs 37,000-mark per 10g, jewellersbecame jittery of further drop in demand. Rallying on a firm global trend, the price of pure gold in Ahmedabad touched Rs 37,500 per 10 gram on Monday, including GST, and settling at the highest-ever level … Read moreGujarat: Gold prices at record high, jewellers jittery

146 Kg Gold Jewellery Worth Over Rs. 82 Crore Of Hyderabad Group Seized

145.89 kg of gold jewellery worth Rs. 82.11 crore has been seized. (File) NEW DELHI:  About 146 kg of gold jewellery worth over Rs. 82 crore has been seized by the ED after it raided the premises of a Hyderabad-based jewellery group and its associates in connection with a post demonetisation money laundering case, the agency said today. It … Read more146 Kg Gold Jewellery Worth Over Rs. 82 Crore Of Hyderabad Group Seized

This sleepy Indian town is a mecca of gold jewellery—and a smuggling hotspot

Travelling from the forested region of Wayanad in Kerala towards the northeast of the southern Indian state is breathtakingly scenic. But just before entering the coastal city of Kozhikode, something about the nondescript highway hits with a jolt. There’s an inescapable tinge of yellow that reflects from both sides of the road. It is the … Read moreThis sleepy Indian town is a mecca of gold jewellery—and a smuggling hotspot

Indian consumers cash in their gold jewellery as prices rally

Rising scrap supplies are likely to cause India’s gold imports to continue to fall this year which could weigh on global prices that are trading near their highest since the end of April. Falling bullion imports could help reduce India’s trade deficit and support the ailing rupee. The country’s scrap supplies for the quarter ending … Read moreIndian consumers cash in their gold jewellery as prices rally

Go for gold

Confused about how to accessorise your bridal looks? Choose jewellery pieces that you can mix and match. By Saroja Yeramilli Founder, Melorra, Bengaluru Jewellery is one of the most essential aspects of a bride’s trousseau. As a new bride, there are several occasions that follow the big day, and these can continue for a good … Read moreGo for gold