Sa Jewelry Information Sajn March 2022 By Isikhova Media

Gold and diamond main Malabar Gold & Diamonds has launched its first state-of-the-art jewelry manufacturing facility in West Bengal. The facility was inaugurated by Shashi Panja, minister of state Industries, commerce & enterprises, child growth and Women Development & Social Welfare. On Wednesday, G7 leaders decided to introduce import restrictions on non-industrial diamonds, mined, processed, or produced in Russia, by January 1, 2024. Officials said that there might be no double checks on India’s export of cut and polished diamonds as the country makes use of diamonds coming via Antwerp and other geographies, and never instantly from Russia. G-7 will ban all imports of tough diamonds instantly from Russia from January 1. Kalyan Jewellers stated gross margin on the showroom degree improved YoY and was broadly according to the prior quarter.

“If financial situations worsen, driving elevated demand for defensive property, gold prices might rise, offering a possible upside beyond …

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