We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
A Surging Rupee Tripled Gold’s Global Loss in India as Silver Broke Down
Macro Snapshot: The Reserve Bank of India changed the domestic arithmetic before trading opened on 12 October. On 10 October it announced a special window to meet the entire daily dollar requirement of Indian Oil, Bharat Petroleum and Hindustan Petroleum directly from its reserves, taking a large block of import demand out of the spot market. The central bank also tightened rupee derivative rules, imposing a 20% Foreign Exchange Risk Reserve on eligible contracts above $2 million and barring the
A Surging Rupee Tripled Gold’s Global Loss in India as Silver Broke Down
Macro Snapshot: The Reserve Bank of India changed the domestic arithmetic before trading opened on 12 October. On 10 October it announced a special window to meet the entire daily dollar requirement of Indian Oil, Bharat Petroleum and Hindustan Petroleum directly from its reserves, taking a large block of import demand out of the spot market. The central bank also tightened rupee derivative rules, imposing a 20% Foreign Exchange Risk Reserve on eligible contracts above $2 million and barring the
Top News
WGC Launches “The Moment is Gold” Campaign
Mumbai: The World Gold Council (WGC) yesterday unveiled its new gold jewellery campaign in India. ‘The Moment is Gold’ campaign aims to enhance the relevance and aspiration of gold jewellery amongst Gen Z and Millennials. The campaign showcases gold jewellery as an integral part of everyday moments and fosters a deeper emotional connection with gold, while positioning it as a
The Next Chapter in India’s Timeless Diamond Story-GA Demands
Mumbai: India’s diamond industry has seen better days. With rising costs, delayed deals, and fewer opportunities, many traders are struggling to keep pace. But a change is here. GA Demands, a mobile-first app built by Indian traders, for Indian traders, is helping the diamond market bounce back — by giving users more control, zero commission fees, and smarter technology to
Countdown Begins for SAJEX Show
Jeddah: Saudi Arabia is gearing up for the year’s most-awaited B2B Gem and Jewellery Show ‘SAJEX’. The show which begins from 11th to 13th September at Jeddah Superdome, promises an exquisite showcase of jewellery from around the world by 100+ top Jewellery Manufacturers. A 3-day visual extravaganza is waiting to unfold. The show powered by INTERNATIONAL GEMOLOGICAL INSTITUTE (IGI) and
Diavik Mine Reaches 150 Mln. ct. Milestone
Yellowknife (Canada): Rio Tinto’s Diavik Diamond Mine in the Northwest Territories of Canada hasreached a significant milestone of producing 150 million carats of rough diamonds since the minecommenced production in 2003. Diavik mine, located on an island in a remote sub-Arctic lake, produces predominantly gem quality whitediamonds and a small quantity of yellow diamonds, destined for high end jewellery in
Price of Fancy Color Diamonds Rose 1.0% in Q3 2022
Ramat Gan: The Israel-based Fancy Color Research Foundation (FCRF) said the average price of all colours and sizes of fancy colour diamonds climbed by 1.0% in Q3 2022. This follows an increase of 0.8% in Q2 2022. This climb was in contrast to the trend in white diamonds, which declined by 6.7%, FCRF said. Fancy Vivids across all colour categories
Bigger and Brighter JGT Dubai from 12th Feb 2023
Dubai: Building on the success of its maiden edition, Jewellery, Gem & Technology Dubai (JGT Dubai) is returning to the Dubai World Trade Centre (DWTC) from 12 to 14 February 2023 with more world-class exhibitors, product introductions and the second annual JWA Dubai Awards Presentation Ceremony and Panel Discussion. Designed around the show theme, “The Centre of Business,” and positioned
Gaetano Cavalieri to Get IPMI Jun-ichiro Tanaka Award
Milan: The Awards Committee of the International Precious Metals Institute (IPMI) has named Gaetano Cavalieri, President of CIBJO, the World Jewellery Confederation, as the recipient of the 2023 IPMI Jun-ichiro Tanaka Distinguished Achievement Award. It its announcement, the IPMI Awards Committee recognized Dr. Cavalieri as “one of the most prominent leaders in the international jewellery industry, which includes more than
NDC Launches New ASSURE 2.0 Program Online Portal
Mumbai: The Natural Diamond Council (NDC) has announced the launch of the new ASSURE 2.0 online portal. The updated portal enables all purchasers of Diamond Verification Instruments (DVI) to browse through the Directory, understand the features and analyse the results of the new series of ASSURE testing. Every Diamond Verification Instrument has unique benefits and choosing which device to purchase
