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Jewellery Trade Federation News

27 Jun 2016

Gold price to zoom to Rs 33,500 levels by 2016-end: Experts

Gaining from safe haven buying post the Brexit referendum, gold prices are likely to remain firm and touch Rs 33,500 by the year-end due to factors like US elections, ongoing geopolitical tensions and volatility in currency markets, experts said.

25 Apr 2016

Jewellers back on strike, shops shut for 3 days on excise duty

Jewellers and bullion traders in several parts of the country, including Delhi, today resumed their strike, demanding rollback of the one per cent excise duty on non-silver jewellery.

Jewellery Trade Federation

11 Apr 2016

Many Indian jewellers open shops; gold discounts drop

More than half of Indian jewellers reopened their shops on Monday after keeping them closed for nearly six weeks in protest over the reintroduction of excise duty on gold jewellery.

16 Mar 2015

Jewellers oppose PAN norm on sales; threaten to strike

Jewellery association GJF Monday strongly opposed the Centre's plan to make PAN card mandatory for any transaction over Rs 1 lakh, saying the move will hit their overall sales by up to 60 percent and threatened to go on strike if the proposal is not rolled back.

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