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As demand revives, festival season likely to cheer jewellers
Discounts and incentives are attractions jewelleres are offering along with new designs to woo customers to boost sales ahead of Diwali. Bharat Bafna, a regular gold jewellery buyer, was happy......
Customers hope for windfall, put off selling old gold
Forecasts of a further rise in bullion prices keep Indians away from selling gold. After a buoyant June quarter, Indian consumers are now staying away from fresh sale of old or used gold and......
Why jewellers are returning to the unorganized sector
They are now scaling or shutting down their businesses because they can’t compete with untaxed grey market gold.India’s gold smuggling has increased significantly since the import duty......
Gold soars by Rs 600 in Mumbai's Zaveri Bazar
Meanwhile, retail jewellery sales in India have declined by 50 per cent since gold price started its uptrend nearly two weeks.Buyers deferred their fresh purchase amid expectations of a correction......
Jewellers give up on machines, go back to handcrafted designs
As the shift from hand-crafted to machine-made ornaments did not serve the purpose, with neither the cost of machine-made jewellery declining nor jewellers finding innovative designs,......
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