Indian gold jewellery export booms by 34pc
Wednesday, 24 November 2010
MUMBAI, Nov 23 (Commodity Online): Rising prices of gold and jewellery products is not hampering India's export market for the yellow metal. Export of gold jewellery for the period October 2010 was at $ 692.14 million, according to the latest data from the Gems and Jewellery Export Promotion Council.
The overall exports of gems and jewellery at US$ 2,922.58 million in the month of October 2010 is showing a growth of 37.82 per cent as compared to US$ 2,120.64 million of same period previous year.
The overall export of cut and polished diamonds at US$ 2,065.01 million in the month of October 2010 is showing a growth of 37.55 per cent as compared to US$ 1,501.25 million for the same period of previous year.
The provisional export of gold jewellery for the period October 2010 at US$ 692.14 million shows growth of 34.41 per cent over the comparative figure of US$ 514.94 million for October 2009.
The export of coloured gemstones at US$ 19.02 million shows a decline of 18.51 per cent during October 2010 as compared to US$ 23.34 million in October 2009.
The overall exports of gems and jewellery at US$ 2,922.58 million in the month of October 2010 is showing a growth of 37.82 per cent as compared to US$ 2,120.64 million of same period previous year.
The overall export of cut and polished diamonds at US$ 2,065.01 million in the month of October 2010 is showing a growth of 37.55 per cent as compared to US$ 1,501.25 million for the same period of previous year.
The provisional export of gold jewellery for the period October 2010 at US$ 692.14 million shows growth of 34.41 per cent over the comparative figure of US$ 514.94 million for October 2009.
The export of coloured gemstones at US$ 19.02 million shows a decline of 18.51 per cent during October 2010 as compared to US$ 23.34 million in October 2009.