GJ Town India

  Plain Gold Jewellery exports grew 72.12%; Gold Medallions & Coins up 5120%   Looking at the blossom & flourishing plain gold jewellery exports of India that jumps over 72% and India’s export basket of Gold Medallions & Coins up that shoot up sharply to about 5120%; the very rare trend in the normal demand chart. These demand trend show and reflects that the globe is facing geopolitical liquidity and uncertainties with higher rate of inflation!     The total gross export of Gold Jewellery at US$ 1132.68 million (Rs. 9558.44 crores) in month of November 2024 is showing a growth of 40.57% (42.4% in Rs. term) as compared to US$ 805.76 million (Rs. 6712.53 crores) for the same period of previous year.   Provisional gross export of Total Gold Jewellery for the period April 2024 - November 2024 at US$ 7102.010 million (Rs. 59509.02 crores) shown a growth of 8.97% (10.37% Rs. term) over the comparative figure of US$ 6517.48 million (Rs. 53915.72 crores) f...

  Jump high 27.45% reaching US$ 342.27mn in April   The export of plain gold jewellery continues to soar, marking a significant 27.45% increase, reaching USD 342.27 million in April 2024, compared to USD 268.56 million in the same month the previous year.   The overall exports of gems and jewellery declined 11.37% to USD 2074.85 million in April 2024, as compared to the same period the previous year. However, the total gross export of Gold Jewellery (both plain and studded) saw a promising 11.03% growth, reaching USD 718.34 million in April 2024 compared to USD 646.97 million in the same period the previous year.   Vipul Shah, Chairman of GJEPC, commented, “Plain gold jewellery has shown remarkable growth in exports, especially since the UAE Comprehensive Economic Partnership Agreement (CEPA). We are pleased that it continues to play a significant role in the gem and jewellery industry.  With the benefits expected from the Free Trade Agreement (FTA)’s sign...

https://youtu.be/SHBCnCMOOq4                  Ambica Gold is a bullion player and also deals in jewellery as well as diamonds. They are having their showroom at Dhanji Street, Zaveri Bazar. No doubt they showcased at UGJIS 2019 yet for a wider selection they insist upon their Mumbai showroom. They are key player of Mangalsutra & they keep a wider range in Tops.   They believe the show is on expansion spree!