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Baltic Jewelry News September 2020 No 39 By Baltic Jewellery

The drop in consumption of plain gold jewellery has impacted the producers of plain gold jewelry from Tamil Nadu, Kolkata and Delhi. Muthu Venkatraman mentioned that the orders for plain gold jewellery have trickled down post the surge in gold costs. India’s gems and jewellery exports fell by 11.49% in October, reaching Rs 22,873.19 crore. Cut and Polished Diamonds exports fell by 32.70% to Rs 10,495.06 crore, while polished Lab Grown Diamonds exports dropped by 23.01% to Rs 1,135.sixteen crore. The decline was primarily because of a slowdown in demand in key markets and supply constraints of diamonds. In South …

Posted in

Baltic Jewelry News September 2020 No 39 By Baltic Jewellery

The drop in consumption of plain gold jewellery has impacted the producers of plain gold jewelry from Tamil Nadu, Kolkata and Delhi. Muthu Venkatraman mentioned that the orders for plain gold jewellery have trickled down post the surge in gold costs. India’s gems and jewellery exports fell by 11.49% in October, reaching Rs 22,873.19 crore. Cut and Polished Diamonds exports fell by 32.70% to Rs 10,495.06 crore, while polished Lab Grown Diamonds exports dropped by 23.01% to Rs 1,135.sixteen crore. The decline was primarily because of a slowdown in demand in key markets and supply constraints of diamonds. In South …

Posted in

Baltic Jewelry News September 2020 No 39 By Baltic Jewellery

The drop in consumption of plain gold jewellery has impacted the producers of plain gold jewelry from Tamil Nadu, Kolkata and Delhi. Muthu Venkatraman mentioned that the orders for plain gold jewellery have trickled down post the surge in gold costs. India’s gems and jewellery exports fell by 11.49% in October, reaching Rs 22,873.19 crore. Cut and Polished Diamonds exports fell by 32.70% to Rs 10,495.06 crore, while polished Lab Grown Diamonds exports dropped by 23.01% to Rs 1,135.sixteen crore. The decline was primarily because of a slowdown in demand in key markets and supply constraints of diamonds. In South …