Page 2 - Jewellers

Jewellers start melting new ornaments to pare inventory as recession bites

Scrap supply likely to reach 140 tonne in CY20, as against 119 tonne last year

Three standards for hallmarked gold not enough, need more, say Jewellers

In view of the disruption in the wake of the Covid-19 crisis, they also urged the government to extend the next year's deadline for mandatory hallmarking.

Jewellers opening stores, see demand revival as deferred weddings take off

Mumbai retailers to start odd-even formula, that is, shops on either side of the street opening on alternative days. Initially, more customers may sell jewellery/gold to raise money

Jewellers start opening stores, sales down 25% amid Covid-19 crisis

All India Gems and Jewellery Domestic Council Chairman Anantha Padmanabhan said jewellers have opened shops in few states after taking permission from local authorities in the last one week

Covid-19 lockdown: Jewellers reaching out to customers via online offers

Jewellers in Mumbai's largest gold market, Zaveri Bazar, will offer online jewellery sale on Akshaya Tritiya

Jewellers squeezed over advance tax payments, sparse consumer interest

Customers are not buying gold though prices are now falling

I-T recovery orders could lead to bankruptcies, frauds: Jewellers' body

I-T department had alleged in orders that the sale of jewellery against cash post note ban announcement was not genuine

A fascinating history of the Cartier family, fabled Parisian jewellers

A fascinating account of the fabled Parisian jewellers recounted by the founder's descendant offers an in-depth study of how to run a durable family business

Note ban ghost comes to haunt jewellers as I-T dept passes recovery orders

Jewellers who have received such orders will have to cough up at least 20 per cent of the demand before they can file an appeal

Gold dealers sell at discount over poor wedding demand, ample supply

The Chinese festival is also expected to improve demand in Singapore, with many retailers offering promotions for bullion, Silver Bullion sales manager Vincent Tie said.

Hallmarking of gold jewellery mandatory across nation from January 2020

Jewellers to be given a year's time to clear stocks that aren't hallmarked and get themselves registered

Nepal's increased bullion import duty to help India reduce smuggling

Smuggling of gold via Nepal borders was not only affecting India but also Nepalese jewellers

Not sure about a jeweller's credibility? IBJA to help buyers decide

The industry body has issued two notes advising consumers against dealing with non-credible retailerS

Code of conduct soon for jewellers as sector aims to restore consumer trust

World Gold Council to initiate talks with industry bodies; move is aimed at controlling jewellers' default, building lender's confidence as well

Customers of Goodwin jewellery chain left high and dry as owners shut shops

The fraud comes close on the heels of the multi-crore scam at Mumbai-based PMC Bank, which has affected thousands of depositors

Jewellers stare at subdued Diwali sales as gold prices turn prohibitive

Traders fear a drop of as much as 50% in sales over the previous season; tepid imports also point to poor offtake this time around

High price of gold poses systemic risk for jewellers who avail loan

Jewellers practising ethical business are needed to buy gold as underlying on the day they receive a monthly share of jewellery deposit

Gem, jewellery exports fall 11.24% on US, China trade war and poor demand

The sector's gross exports declined by 9.32 per cent to $12.15 billion between April and July compared to $13.39 billion during the same period last year, according to data

Jewellers return to unorganised sector, hurt by high taxes on imported gold

Jewellers see better business sense in the grey market

Delhi gold trading hub in Chandni Chowk dazed, confused over municipal tax

Municipal corporation tells jewellers their shops will be sealed on July 2 because they haven't paid conversion tax.