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Latest News

Gold prices soar in Dubai: 24-carat hits Dh 392.50 as markets open

07-05-2025   12:50 PM

In the international markets, spot gold was trading at USD 3,263.48 (Rs 2,75,477.96) per ounce, reflecting a 0.7 percent increase. Gold prices saw a notable surge at the opening of the markets in Dubai, United...

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World Diamond Council urges US to exempt natural diamonds from tariffs

07-05-2025   12:45 PM

World Diamond Council requests US government to exclude natural diamonds from tariffs. The council warns of potential job losses and economic disruption. Tariffs could raise consumer prices on jewellery. Retailers...

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Mini Diamonds (India) Faces Valuation Shift Amidst Financial Performance Scrutiny

07-05-2025   12:40 PM

Mini Diamonds (India), a microcap in the diamond and gold jewellery sector, has experienced a recent evaluation adjustment reflecting changes in its financial metrics. Key ratios indicate operational efficiency and...

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India’s diamond industry in despair as exports hit two-decade low

07-05-2025   12:35 PM

India’s diamond industry is witnessing an unprecedented recession, with exports of cut and polished stones plunging at least 17 per cent in fiscal 2024-25. The decline has triggered rampant job losses and...

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DPR to be finalised soon for jewellery industrial park in Coimbatore

05-05-2025   2:30 PM

The detailed project report (DPR) to develop a jewellery and MSME industrial park in Coimbatore is in the final stages of preparation, according to District Collector Pavankumar G. Giriyappanavar. The Collector...

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122 kg gold SOLD! THIS jewellery retailer sees HIGHEST-EVER single day festive sales on Akshaya Tritiya 2025

05-05-2025   2:25 PM

A growth of approximately 35 per cent over the previous year’s revenue of Rs 103.26 crore to Rs 139.53 crore .In Value terms, gold segment revenue grew by 34 per cent year-over-year, while the Diamond & Silver...

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Gold Jewellery Sees Low Demand in Kashmir’s Wedding Season

05-05-2025   2:20 PM

As the wedding season begins in Kashmir, traditionally a peak period for gold sales, jewellers across the Valley are witnessing a sharp decline in business. Soaring and unstable gold prices have kept buyers away,...

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Akshaya Tritiya gold sales under lend for GST evasion

05-05-2025   2:15 PM

Large-scale evasion of GST payments by top jewellery showrooms in Hyderabad in the sale of gold ornaments on the auspicious occasion of Akshaya Tritiya on April 30, is now under investigation. The State...

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