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JAPAN Jewellery sales in Japan increased for the thirteenth consecutive quarter in the second quarter. Platinum jewellery sales increased by 0.8% year-on-year on a unit basis.
The platinum price has been rising, supported by a bullish gold market, since the start of June. Prices surged 20% in the last week, according to Shanghai Metals Market, hitting a 10-year high ...
Young urban grooms in India are increasingly opting for platinum jewellery instead of gold, providing some relief to the bride's family amidst soaring gold prices. Gold prices have crossed Rs ...
Prices of platinum, a white precious metal, have rallied over 30% this year to date, with spot prices currently around $1,200 per ounce. Spot gold prices are around 27% higher over the same period.
Chinese platinum jewellery fabrication rose 26% year-on-year in the first quarter, supported by platinum’s discount relative to gold prices , which are up 21% this year following a 27% rally in ...
The direct impact of tariffs on forecast platinum demand in 2025 is estimated to total only 112 000 oz, or 1.4% of total demand. While the indirect risks through slower GDP growth over the next ...
As gold is the most used metal for jewellery, the annual consumption of platinum creates a high demand and maintains its value over time. But then again not as much as gold,” added Mariam.
24 carat gold is going to get cheaper by ₹ 2,800 as the prices are currently ₹ 72,700 per 10 grams, according to an Economic Times report, which adds that silver will get cheaper by ₹ 1,650 ...
Similarly, exports of plain gold jewellery surged 62% to US$ 6,792.24 million in FY24 compared to US$ 4,199.96 million in 2022-23, said the Gem and Jewellery Export Promotion Council (GJEPC).
For gold and platinum jewellery made by machines, the wastage of 0.45% is allowed and for silver it is down to 0.5%. In studded handmade jewellery of gold, silver and platinum the new norms allow ...