Low platinum prices push jewellery demand

Diamonds may be a girl’s best friend but for budget-conscious ring-bearers, the preferred material might be platinum. According to Platinum Guild International, the low platinum price in 2016 had retailers stocking up on the precious metal, with Indians and Americans the most likely to put a platinum ring on it. In India platinum demand soared 11.4%, … Read more Low platinum prices push jewellery demand

High demand to increase India’s gems and jewellery export

New Delhi: Higher demand in the Middle-East and South-East Asia could help India’s gems and jewellery export grow this fiscal to about USD 42 billion, an export promotion body said today. In 2016-17, the export totalled at around USD 36 billion. According to Anil Sankhwal, Gems and Jewellery Export Promotion Council (GJEPC) northern region chairman, … Read more High demand to increase India’s gems and jewellery export

Indian jewellers stock up for weddings; rising gold prices cap demand elsewhere

MUMBAI | BENGALURU: Asian gold demand was mixed this week with Indian jewellers stocking up for the wedding season while rising prices kept buyers on the sidelines elsewhere. After delaying purchases last month in anticipation of an import duty cut in the federal budget, jewellers in India have started rebuilding inventories on the back of … Read more Indian jewellers stock up for weddings; rising gold prices cap demand elsewhere

Gold jewellery demand at a 28-year low

Physical demand was at a seven-year low in 2016, and while it did rise 29 per cent quarter-on-quarter in the final three months of 2016, this was arguably a disappointing result, as demand was still down 10 per cent year-on-year despite the slump in prices. Other things being equal, physical demand could easily have been … Read more Gold jewellery demand at a 28-year low