Friday, 2 December 2016

#Reader’sResponse: Jewellers pin hopes on festivity

                                                        Demand bounces back

We hope to record good sales this Diwali because of its significance as an auspicious day. The ongoing  positive business sentiment along-with lower commodities prices will help consumers' bullish sentiment reach on the top during festive buying.

Yash A. Oswal, Proprietor
Gold Emporium, Kolhapur

#Reader’sResponse: Jewellers pin hopes on festivity

                                         Glitter in diamond sales
We are seeing a strong move towards diamond jewellery and are anticipating a strong 20-25 per cent  rowth this festive season. There will be a slight increase in gold volumes as well because of an overall decline of 4-5 per cent in prices.

Varsha Yadav, Director,
Aaks Jewels, New Delhi

#Reader’sResponse: Jewellers pin hopes on festivity

                                                      Rise in investment demand

Buyers who traditionally purchase on Dhanteras will certainly come, but there is a class that buys gold as investment, who may want to take advantage of the low gold price this festive season.

Siddharth Lodha
Proprietor, Sri Sampath Jewellers,

#AOJQuote of the day 2nd December 2016:

“We are very happy to announce that All India Gems & Jewellery Trade Federation (GJF) has received an overwhelming response to its first ever online election of its Committee of Administration (COA) with over 70 nominations.”- 

G V Sreedhar, Chairman, GJF

#AOJDailyeNews GJF’s online election for Committee of Administration (COA) receives over 70 nominations

All India Gems & Jewellery Trade Federation (GJF) received an overwhelming response with more than 70 nominations to its online election for Committee of Administration (COA). This is the first time the trade is holding online elections. The filing and receipt of nomination  was from 12th to 30th November, 2016 and the finalisation of the list will be announce on 7th, Dec 2016. Read More

#AOJDailyeNews Dione Kenyonas elected Chair of the GIA Board of Governors

: Recently-retired president and CEO of The Jewelers Board of Trade, Dione Kenyon, was elected Chair of the Gemological Institute of America (GIA) board of governors, Gem Konnect reports. She is replacing Lux Bond & Green Jewelers CEO John Green, who remains on the board. Read More

#AOJDailyeNews China curbs gold imports to slow capital flight

While all eyes were on India (as rumors swirled of an imminent gold import ban), The Chinese government intensified its efforts to stem capital flight from the world’s second-largest economy on Thursday, as it simultaneously moved to slow renminbi outflows and restrict gold imports. Read More