Wednesday, 1 February 2017

#AOJDailyeNews US jewellery sales rise amid higher prices


  US jewellery sales increased last year while prices also climbed, government data showed.READ MORE

#AOJDailyeNews Gold futures score best monthly gain since June

 Gold futures rallied to their highest level in just over a week on Tuesday, marking the strongest monthly gain since June on the back of a retreat in U.S. stocks and weakness in the dollar. READ MORE

#AOJDailyeNews Rio Tinto to close New York marketing base

  Rio Tinto Diamonds will shut its North American sales and marketing office as part of a cost-cutting exercise. Read More 

#AOJDailyeNews Gold becomes one of investors' favourite safe havens with Trump uncertainty

  Some of Wall Street's largest fund managers have taken a contrarian bet on gold, wagering that US President Donald Trump's governing style and upcoming elections in Europe will combine to create more stock market volatility and boost the prices of a metal long seen as a safe haven Read More 

#AOJDailyeNews Well balanced budget with no negative announcement for the jewellery industry

Finance Minister Arun Jaitley’s Union Budget FY 17-18 is being considered as a populous budget with almost something for everyone. The budget has generated mixed reactions from the gem and jewellery industry’s stakeholders as well. Neither any relief was provided to the GJ sector in terms of duty reduction, nor any unfavourable announcements were made in the budget. READ MORE

#AOJ: budget reactions G & J Industry gives Thumbs Up


#AOJLiveBudgetUpdates- Well balanced Budget, No negative announcement for Jewellery Sector