Gold Sales

Gold prices for 24 Karat gold on April 23 were ruling Rs 62,090 per 10 grams, compared to Rs 50,800 per 10 grams last year.

Barrage of product launches helped weather note ban storm: Titan

Speaking to CNBC-TV18, Bhaskar Bhat, Managing Director of Titan Company, said the sales of watches and jewellery could have been much better had demonetisation not taken place.

Gold demand eases on higher prices; premiums mostly unchanged

In India, the world's second-largest consumer of the metal, higher prices prompted retail buyers to postpone purchases for wedding season.

Gold sales may slip further on govt‘s holding cap clarification

The CBDT has clarified that there would be no seizure of gold jewellery and ornaments if the holding is limited to 500 grams per married woman, 250 grams per unmarried woman and 100 grams per male in the family. Experts say this coupled with a cash crunch due to demonetisation may slow down gold sales further.

Jewellers see 10% growth in sales on Akshaya Tritiya

After the bullion market remained lull for months, jewellers on the occasion of Akshaya Tritiya today are hopeful of a 10 percent rise in sales.

No festive cheer for jewellers as gold sales fall

Gold sales, overall, have seen a decline this festive season. Witnessing the sluggish demand for investment gold and jewellery, jewellers have been pushing high-margin diamond jewellery through their marketing campaigns and innovative diamond schemes such as zero-making charges schemes.

Gold traders hold off buys as prices weigh

Gold traders in India, the world's top buyer of the bullion, refrained from buying amid a peak wedding season, thwarted by a huge stock pile and prices that hit a more than four-month high.

High prices dampen gold buying on Akshaya Tritiya

Gold demand on the auspicious day of 'Akshaya Tritiya' in Delhi remained subdued due to high prices of the precious metal, which today rose marginally to Rs 29,100 per 10 gm, traders said