Art of Jewellery - Latest News & Updates

We could see gold move higher, but the correction is still active

24-January-2020 12:0 PM

Gold prices recovered modestly gaining six dollars on the day, with February futures currently fixed at $1562.70. The last three trading days can be characterized as a series of lower lows. However, gold continues to tr ...

Swissmint created the world’s smallest gold coin; it comes with a magnifying glass

24-January-2020 11:55 AM

Bigger isn’t often better. In fact, one Switzerland-based mint might argue that good things come in small packages. For Swissmint, really, really small packages. Swissmint announced Thursday that it has created the wo ...

Finance Ministry plans tougher norms for high-value jewellery transactions: Report

24-January-2020 11:50 AM

The finance ministry is considering tightening norms for high-value jewellery transactions, Business Standard reported. Linking the transactions with Aadhaar or another ID proof has been proposed, the report said. Offic ...

De Beers rough diamond production down 13%, sales decline 8% in 2019

24-January-2020 11:45 AM

Anglo American releasing its production update for the three months ended December 31, 2019, said that De Beers reported a 13% drop in rough diamond production and an 8% drop in sales during the full year. De Beers rou ...

Forevermark and Indian Gem and Jewellery Creation launch the second exclusive Forevermark Bouti. .

24-January-2020 11:40 AM

Forevermark, the diamond brand from the De Beers Group, starts the new year with the launch of an exclusive boutique with Indian Gems and Jewellery Creation, a leading jewellery brand in Kolkata. This is the second Fore ...

De Beers plans overhaul of supply policy

24-January-2020 11:35 AM

De Beers plans to abandon its practice of using sightholders’ purchase history as the main factor in determining how it allocates rough supply, sources have told Rapaport News. The move, which would go into effect fr ...

Pooja Sheth receives Economic Times Business Icons 2020 award

24-January-2020 11:30 AM

Pooja Sheth is truly making waves in the Lab grown diamond category. None other than Economic Times recognized her work, amazing and innovative new category and exciting marketing efforts being made by her and hercompan ...

Malabar Gold & Diamonds aims to become world's largest jeweller in three years

23-January-2020 11:25 AM

Malabar, which recently opened its second showroom in Mumbai at the Palladium mall, has plans to shortly open more showrooms in Mumbai and suburbs at places like Vashi, Thane, Borivilli Malabar Gold & Diamonds, India's ...

Jewellers want cut in import duty of gold and in income tax in Budget 2020

23-January-2020 11:20 AM

Jewellers are expecting a reduction in import duty of gold and a cut in income tax for the common people in the upcoming Budget to spur demand. At present gold attracts an import duty of 12.5% and a GST of 3%. "I am e ...

Gold price steady on mounting Chinese virus epidemic fear

23-January-2020 11:15 AM

Gold prices held steady on Thursday, as rising fears over the spread of China`s new flu-like virus supported the safe-haven metal. Spot gold was flat at $1,558.93 per ounce by 0127 GMT. US gold futures rose 0.3% at $1,5 ...

3 Ways the millennials are disrupting the diamonds market

23-January-2020 11:10 AM

Wedding is a social tradition as old as time and now it’s officially one of the most lucrative consumer markets globally. People spare no expense when it comes to celebrating a lifetime commitment to their partners. Tod ...

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