The gold market has performed strongly in 2024, generating significant returns for investors. Expectations indicate that gold will continue to perform favourably in the New Year. The data reveals that…
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Limelight Diamonds to Launch Seven Stores in India for Lab-Grown Jewelry
Lab-grown jewellery brand Limelight Diamonds will open seven exclusive retail outlets across India by the end of the year. The expansion is in response to the growing consumer demand and…
US Jewelry Sales Experience 4% Growth This Holiday Season, Reports Mastercard
Recent data from Mastercard and SendingPulse reveals a favourable trajectory for the U.S. jewellery industry during the holiday season. This year, jewellery sales increased 4% over the previous holiday season,…
GJEPC Conducts Comprehensive Session on Bullion Import Strategies and Gold Price Hedging Techniques
Gems and Jewellery Export Promotion Council (GJEPC) recently organised a specialised session on bullion imports and gold price hedging strategies using the Indian International Bullion Exchange (IIBX). The event was…
GJEPC Submits Key Pre-Budget Recommendations to Finance Minister to Boost Gem and Jewellery Sector Growth
Vipul Shah, Chairman of Gems and Jewellery Export Promotion Council (GJEPC), recently met Finance Minister Smt. Nirmala Sitharaman, as part of the pre-budget consultations in Delhi on December 26. During…
Gemfields Suspends Kagem Mining Amid Cost-Cutting Efforts
Gemfields Suspends Kagem Mining as part of its transformation strategy to improve operational efficiency and resilience in the face of market challenges. Despite a decline in emerald and ruby auction…
Nita Ambani Shops for Luxury Jewellery at C. Krishniah Chetty Group in Bengaluru
Nita Ambani recently made headlines during her visit to Bengaluru when she graced a well-known saree store. However, her primary intention was to connect with the esteemed C. Krishniah Chetty…
IIJS Signature Show 2025: Premier Gem and Jewellery Event in Mumbai
The 17th edition of the IIJS Signature will be held from January 4th -7th 2025, at the Jio World Convention Centre, and from January 5th -8th 2025, at the Bombay…
NRIs Take Advantage of Gold Duty Cut: A New Era for Jewellery Purchases
Dubai is starting to lose its appeal as a gold haven for non-resident Indians (NRIs) in transit. A recent cut in customs duty and lower labour costs have made purchasing…
CIBJO President Highlights Impact of Industry Infighting on Consumer Confidence in Jewelry at Hainan Conference
During the mass launch of laboratory-grown diamond jewellery, the marketing strategies used have undermined consumer confidence in jewellery overall, said Gaetano Cavalieri, President of the World Jewelry Confederation (CIBJO), at…
