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India Bullion And Jewellery Association

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ED raids Lalu's family, aides; seizes money, gold

The Enforcement Directorate (ED) on Friday conducted searches in multiple cities of Bihar and other locations, including premises of former chief minister Lalu Prasad Yadav's family and Rashtriya......

No gold rush: Safe-haven asset feels the March heat

Gold is usually seen as a safe-haven when stocks are falling or when inflation is rising. Photograph: Leonhard Foeger/Reuters With prices of the yellow metal hovering near record highs, people are......

Gold jewellers see best Dhanteras in three years

Dhanteras has cheered up jewellers as it has turned out to be the best in three years, thanks to the lower price of the yellow metal and pent-up demand. In Mumbai’s Zaveri bazaar, buyers......

NSE blockchain platform for gold a game changer

In a first for India, bullion derivatives contracts will be settled on a blockchain platform. This will help in global acceptance of gold refined by Indian bullion refineries, giving a fillip to......

Jewellers expect 10% of pre-Covid sales on Akshaya Tritiya

For the second straight year, the gems and jewellery industry is set for almost a washout of business on Akshaya Tritiya as only about 10 per cent of pre-Covid sales of 2019 are expected on Friday......

Fall in gold price opens up window for investors

Experts recommend buying gold as the fundamentals supporting a rally have not changed. The price of gold has fallen about 10 per cent over the past 50 days. At one point, gold price on the MCX was......

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