As not every international manufacturer is willing to submit themselves to this process, the choice of suppliers of inputs for domestic production narrows down.
India shut down for Diwali in late October, with manufacturers closing for an expected three to four weeks and sales offices for 7 to 10 days. The industry hopes this will improve the inventory ...
The RapNet Diamond Index (RAPI™) for 1-carat diamonds — reflecting round, D to H, IF to VS2 diamonds — fell 1.5% in October. The index dropped 0.6% for 0.30-carat stones, 2% for 0.50 carats, and 0.5% ...
Gold prices continued to rise to record highs during the quarter reaching an average of $2,474/oz, hampering global demand for gold jewellery. Total jewellery consumption was down 12% year-on-year on ...
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