Page 2 - Zaveri Bazaar News Today

This wedding season, brides are favoring antique and jadau jewellery, driving up gold prices and pushing average budgets to Rs 10 lakhs from the previous Rs 5-7 lakhs. Mumbais Zaveri Bazaar reports a surge in heavy jewellery demand, particularly for jadau pieces. Designer Kolkatti jewellery from Kolkata gains popularity. Despite a market slowdown till December 30 due to soaring gold prices at Rs 64,000 per 10 gm, South India witnesses a 15% increase in antique jewellery demand. The trend signifi...

Gold Price: The yellow metal touched Rs 64,200 per 10 gm on the Multi Commodity Exchange (MCX) in early morning trade, taking a cue from the international market. Silver, which is termed as a poor man’s gold, also rose to a new high at Rs 78,331 per kg on the MCX. At around 4 pm, gold was trading a bit lower around Rs 63,850.

The yellow metal touched Rs 64,200 per 10 gm on the Multi Commodity Exchange (MCX) in early morning trade, taking a cue from the international market. Silver, which is termed as a poor mans gold, also rose to a new high at Rs 78,331 per kg on the MCX. At around 4 pm, gold was trading a bit lower around Rs 63,850.

While one of the accused, Kawal Pathreja, an alleged hawala operator, passed away during the pendency of the trial, ten are in custody, including a top IM operative Yasin Bhatkal, who is serving death penalty in Tihar jail in Delhi for the Hyderabad blasts with other cases pending against him.

The opening of GJEPC’s dedicated office for Zaveri Bazaar will swiftly facilitate the local jewellery community’s concerns regarding Exports, Customs, Exhibition Permissions, MSME Support, RCMC & Membership Services, Govt. Policies, and more

Police in Mumbai are searching for a man who allegedly stole a bag of gold ornaments worth ₹70 lakh from a friend while they were at a jewellery shop. The suspect, Jagdish Bagaram Mali, is currently on the run. | Mumbai news

Mumbai crime: DRI officials conducted raids at two locations in Mumbai's Zaveri Bazar and busted major gold smuggling syndicate in city

A businessman in Mumbai is accused of duping a diamond merchant from Bengaluru by replacing his 11.02-carat diamond worth ₹90 lakh with fake stones. | Mumbai news

Mumbai Fire News Updates: Get Latest Breaking News, Photos and Video News on Mumbai Fire. Also find Mumbai Fire latest news headlines, picture gallery, top videos, comments, blog posts and opinion at The Indian Express.

The Bombay High Court has asked for explanations from two senior officers of the Directorate of Revenue Intelligence (DRI) following allegations that gold seized from a jewelry shop was sold by the DRI. The court was hearing a petition by Choksi Arvind Jewellers, who had submitted all necessary documents regarding the purchase of the gold. The DRI had not released the gold despite letters requesting its release. The court has adjourned the hearing to consider the legality of the DRIs actions and...