Gold Jewellery Exports by India Rises By 9% in June

[2009-07-17 10:12:34]

Gold jewellery export by India is surging despite the dull gold and jewellery sales across India thanks to high prices of the yellow metal.

According to the provisional export figures received from the Gems and Jewellery Export Promotion Council (GJEPC) for the month June 2009, the total exports of Indian gems and jewellery have declined by 10.69 percent compared with the same month in the previous year.

Total export of cut and polished diamonds stood at Rs 5061 crores in June 2009, while in June 2008 it was Rs 5248 crores. Cut and Polished diamonds exports declined by almost 4 percent.

Gold jewellery exports by India in the same month totaled Rs 2663.50 crores, almost 9 percent higher than 2008, where it totaled Rs 2439 crores. Indian Gems and Jewellery exports totaled Rs 7992 crores in June 2009 against Rs 8092 crores last year.
Source: Commodity Online
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