Browsing: Gold Industry

The unprecedented rise in gold prices over the last three years has created significant challenges for jewellery manufacturers, including unrealised profits, increased tax burdens, working capital erosion, and inventory replacement difficulties. The Coimbatore Jewellery Manufacturers Association has highlighted these concerns and proposed practical taxation and inventory valuation reforms for immediate industry relief.

The Indian Association for Gold Excellence and Standards (IAGES), a Self-Regulatory Organisation (SRO) established by and for the Indian gold industry has achieved the 50 accredited members milestone, reshaping the gold sector to become more consumer-friendly and future-ready. Some of India’s leading gold retailers like Senco Gold & Diamonds, PN Gadgil Jewellers, Kalamandir Jewellers and Waman Hari Pethe Jewellers are now IAGES-accredited.