Gems & Jewellery

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Annual Review

Supply Dynamics

The chapter provides information on gold and diamond supply trend. Following points are covered in the chapter.

  • Barrick Gold clearly remains the world's largest gold producer during CY2012
  • The total gold supply increased gradually from 2007 to 2012
  • The imposition of 2% import duty on C&P diamonds in January 2012 led to a decline in the imports of C&P diamonds
  • Russia was the top diamond producer in CY2012

Impact Analysis

  • RBI restrictions to squeeze gold supplies

    India is fighting an unusual battle of confining its craving for yellow metal that Indians have cherished through-out the history. A Current Account D.....

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Miscellaneous Coverage

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