Category: Jewellery

Highest Demand for Gold Jewelry
Oct 24

Recent Top Countries With the Highest Demand for Gold Jewelry

Gold has long been a symbol of wealth, luxury, and beauty. For centuries, it has been treasured by cultures around the world for its enduring value and exquisite craftsmanship. In recent times, the demand for gold jewelry has seen significant fluctuations, influenced by economic, cultural, and societal factors. This article explores the recent top countries with the highest demand for gold jewelry and delves into the reasons behind their unwavering affinity for this precious metal. IndiaIndia has always had a Read Full Details…

Mar 02

Gem, jewellery demand leads to expanded show in India

The continued positive impact of the gem and Jewellery industry on India’s domestic and export trade has led to an expansion of one of the country’s most anticipated industry events. For the first time in its 39-year history, the Gem & Jewellery Export Promotion Council’s (GJEPC’s) flagship event, the India International Jewellery Show Premiere (IIJS Premiere), will be held at dual venues in Mumbai: Jio World Convention Centre (JWCC) and Bombay Exhibition Centre (BEC) (located in NESCO Goregaon). JWCC will Read Full Details…

Feb 02

Budget 2023: Commerce Ministry urges reduction in gold import duties to boost jewellery exports

To address the current account deficit (CAD) and surging imports of the yellow metal, the Centre increased the import levy on gold from 10.75 per cent to 15 per cent in July of this year. 12.5 per cent is the standard customs charge on gold. The Commerce Ministry has requested that the import duty on gold be reduced in the upcoming Budget in order to boost exports and manufacturing in the gems and jewellery sector, PTI quoted sources as saying. Read Full Details…

Jan 23

Jewellery demand and trade: India gold market series

India, the world’s second-largest consumer of gold Jewellery, has experienced rapid change over the last few years due to evolving demographics.1 Weddings and festivals remain the most important drivers of Indian gold jewellery demand: bridal jewellery alone accounts for at least half of the market share. 2 Over the long term, gold jewellery demand in India will be driven by developments in economic growth, income growth and wealth distribution, as well as the rate of urbanisation. India’s gold Jewellery exports Read Full Details…