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India is expected to guide the worldwide pure diamond demand in 2024 because of its sturdy financial place and changing demographics. The Natural Diamond Council has pegged the worldwide diamond market at $100.four billion. The Indian market stays the strongest growth market on the earth, with Indian girls turning into financially stronger and driving demand. Gold imports to India surged 26.7% to $35.95 Jewelery News billion from April to December, in comparison with the same interval a 12 months earlier, driven by sturdy demand. In December alone, imports of the dear metallic soared by 156.5% to $3 billion. Switzerland stays the biggest source of gold imports, accounting for about 41% share, followed by the UAE (about 13%) and South Africa (about 10%).

Pandora has reported a “historical” 2021 fourth quarter record efficiency and exceeded forecasts for the complete yr primarily based on its preliminary results. “The Michael Hill model demonstrates its power and resilience with a concentrate on key milestone moments within the lives of our prospects. In 1906, the Minnesota-North Dakota Jewelers Association was formed with the identical objective in thoughts. Indeed, whereas retailers should continue to adapt to a extra digitally-focused surroundings, 2020 additionally proved that the retail …

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