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With most states under lockdown, jewellers expect low demand on Akshaya Tritiya


With most states under lockdown, jewellers expect low demand on Akshaya Tritiya
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With lockdowns and restrictions across most states due to the surge in Covid-19 cases, jewellers expect very little demand for gold this Akshaya Tritiya, a day believed to be auspicious to purchase the metal.
Agencies
Jewellers said retailers, not just jewellers, were not given any respite on loans, rents or taxes.
For the jewellery trade, it will be a second year of low sales on the Akshaya Tritiya day, which falls on May 14 this year.
With lockdowns and restrictions across most states due to the surge in Covid-19 cases, jewellers expect very little demand for gold this Akshaya Tritiya, a day believed to be auspicious to purchase the metal. ....

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Gold: Gold demand rises 37% to 140 tonne in Jan-March 2021


(This story originally appeared in
on Apr 30, 2021)MUMBAI: Pent-up demand for the yellow metal after months of lockdown in 2020 and an appreciating rupee, which saw its price stabilise in the first three months of 2021, helped demand for gold in India rise 37 per cent during the January-March quarter this year (Q1 2021).
During the period, total demand for gold was 140 tonne compared to 102 tonne during the same period of 2020 (Q1 2020). According to data released by World Gold Council on Thursday, while jewellery demand during Q1 2021 rose by 39 per cent, investment demand, which includes bars, biscuits, e-gold and ETFs, rose 34 per cent.
The quarter also witnessed a deluge of gold imports into India at 301 tonne, a jump of more than 3.5 times over Q1 2020 figure of 83.1 tonne as jewellers were expecting the surge in demand to continue into Q2 2021. However, the recent lockdowns in several parts of the country could dampen the same for a few weeks, said Somasundar ....

World Gold Council On , Indian Meteorological Department , World Gold Council , Yellow Metal , உலகம் தங்கம் சபை ஆன் , இந்தியன் வானிலை துறை , உலகம் தங்கம் சபை , மஞ்சள் உலோகம் ,

Government to tighten noose on toy sellers


Government to tighten noose on toy sellers
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Last Updated: Apr 13, 2021, 11:31 PM IST
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The government will tighten noose on toy sellers selling non-certified toys. Bureau of Indian Standards (BIS), the national standards body, is set to penalise toy sellers selling low quality toys.
The government will tighten the noose on toy sellers selling non-certified toys. Bureau of Indian Standards (BIS), the national standards body, is set to penalise toy sellers selling low-quality toys. The government has made quality certification mandatory for toys from January this year to prevent the sale of low-cost toys which are hazardous to health. ....

Leena Nandan , Pramod Kumar Tiwari , Bureau Of Indian Standards , Indian Standards , Pramod Kumar , Standardization Portal , Quality Toys , Toy Manufacturers , லீனா நந்தன் , பிரமோத் குமார் திவாரி , பணியகம் ஆஃப் இந்தியன் தரநிலைகள் , இந்தியன் தரநிலைகள் , பிரமோத் குமார் , பொம்மை உற்பத்தியாளர்கள் ,

Gold hallmarking mandatory from june 1 gold jewellery purity certification BIS govt of india


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Govt to implement mandatory gold hallmarking from June 1
The government on Tuesday said it is fully prepared to implement mandatory hallmarking of gold jewellery and artefacts from June 1, 2021. Gold hallmarking is a purity certification of the precious metal and is voluntary in nature at present.
The Centre, in November 2019, had announced that hallmarking of gold jewellery and artefacts would be made mandatory across the country from January 15, 2021. The government had given jewellers more than a year to shift to hallmarking and register themselves with the Bureau of Indian Standards (BIS).
But the deadline was extended for four months till June 1 after the jewellers sought more time to implement in the wake of the COVID-19 pandemic. ....

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My Bench: Laurie Moffatt - Jeweller Magazine: Jewellery News and Trends


My Bench: Laurie Moffatt
Laurie Moffatt
Age: 65
Training: 4-year apprenticeship
Other qualifications: Diploma in Gemmology
SIGNATURE PIECE:
PRIVATE COMMISSION
This 18-carat gold bangle was commissioned by a client to celebrate her 30th wedding anniversary. The design was based on a costume jewellery bangle she owned. I love out-of-the-box commissions and also restoring Australian antique pieces. These have included gold brooches presented to the famous Spanish dancer Lola Montes, to silver emu-topped claret jugs, emu eggs and centrepieces made by notable Australian silversmiths of the 19th Century.
Favourite gemstone:
Sapphire because of the variety of colour, durability, and that Australia is a great natural source of it. ....

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