As per the Gems and Jewellery Export Promotion Council (GJEPC), net exports of the sector declined 5.32 per cent to $30.96 billion in FY19
US market regulator SEC may seek cooperation from its Indian counterpart Sebi in its probe into Infosys, which has been rocked by whistleblower complaints of several alleged irregularities
In July-August, the jewellery-buying sentiment was somewhat muted due to high gold prices
An allocation of 10-15% of portfolio is recommended for gold; use any correction as an opportunity to add more gold to portfolio or keep allocating to gold in a systematic manner
In the previous trade, Gold had closed at Rs 38,870 per 10 grams
Gold, currently trading at Rs 38,177 per 10 gram, has given investors a return of 20.3 per cent over the past year
If this Diwali season fails, the jewellery industry is expected to face huge losses
PNB scam, IL&FS default have dried up working capital loans for thousands of MSMEs, which are now struggling to stay afloat
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
Govt action aims to arrest round tripping but will hurt genuine exporters
In the first six months (January to June) of this calendar year, India imported 427.8 tonnes of gold at a monthly average of 71.3 tonnes
Have a 10-15 per cent allocation to gold in your portfolio. Since this is an asset class whose value fluctuates quite a lot, build your exposure by investing systematically
Compared to gold, diamonds are an inferior store of wealth and therefore unlikely to benefit significantly from an investor flight from fiat currencies, the analyst wrote
Gold-silver ratio can give direction whether the latter will rally or not
Those with long horizon should use sovereign gold bonds; short- to medium-term horizon may consider gold ETFs
Moderation in prices is crucial for the gems and jewellery business ahead of the festive season
Gold loan is the quickest and easiest to avail
In global markets, both precious metals continued downward spiral
Retail gold imports in July nearly halve to 38 tonnes. August imports dip to 3-year year low of 30 tonnes, down as much as 73% YoY
Today, gold needn't be held physically; which makes it truly an investment product that comes without the associate sentimental attachment