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
Global Gold Market Remains Steady in Q1 2015
London: The first three months of 2015 saw stable gold demand, according to the latest Gold Demands Trends report from the World Gold Council (WGC). Total demand for Q1 2015 was 1,079 tonnes (t), down just 1% on the same period last year. Conditions differed from market to market, but at an aggregate level, these differences broadly balanced each other
Zimbabwe’s Diamond Exports Fell 34% in 2014
Harare: Diamond exports fell by 34 percent to 5.9 million carats last year from the eastern Marange region after a slump in production, a junior government minister said. Zimbabwe is one of the world’s top diamond-producing countries, and is believed to hold 25 percent of the world’s reserves of opencast extractable diamonds, with Marange fields its major diamond source. The
De Beers May Sight Estimated at $470M
Gaborone: The De Beers May sight closed with an estimated value of $470 million as the mining company reduced its rough diamond prices by an average of 3 percent. Sightholders noted that prices for many boxes fell by even more as the quality of the assortments declined in many categories. Sightholders said that rough prices are close to the bottom
GIA Notifies Trade of Undisclosed Diamonds
New York: The Gemological Institute of America (GIA) has said that it suspects 500 colorless to near colorless diamonds submitted primarily to its laboratory in Ramat Gan, Israel have potentially been subjected to an undisclosed temporary treatment. So far, the diamonds treated in this way have been submitted by just a few clients. The lab said the treatment is a
Zoya-Alice Cicolini Craft Limited-Edition Capsule
Mumbai: In a defining moment for Indian luxury jewellery, Zoya- India’s leading luxury jewellery atelier from the Tata Group—unveils a limited-edition capsule in collaboration with globally acclaimed British designer and curator Alice Cicolini, marking the first international creative partnership for an Indian luxury jewellery atelier. Born out of deep mutual admiration of Indian craft, the capsule pays homage to enamel—one
Candere Unveils New Store in Navi Mumbai
Mumbai: Candere, the lifestyle jewellery brand by Kalyan Jewellers celebrated for its modern, trend-led designs, has unveiled its newest retail store in Navi Mumbai, this time in the bustling commercial hub of Vashi. Located Sector 30A, the Platinum Techno Park, this new outlet marks Candere’s 8th store in Mumbai and 79th nationwide, underscoring its commitment to accessible, stylish jewellery for
India–UK BSM Builds Trade Momentum
London: The Gem & Jewellery Export Promotion Council (GJEPC), the apex body of India’s gem and jewellery industry, successfully organised the India–UK Gem & Jewellery Buyer-Seller Meet (BSM) in London, strengthening commercial ties between the two nations and paving the way for deeper engagement through the soon-to-be-signed India–UK Free Trade Agreement (FTA). Bringing together 26 leading Indian manufacturers from key
Guests of Honour at Inauguration of IIJS Premiere
Mumbai: The countdown has begun for the 41st edition of IIJS Premiere, the most anticipated B2B gem & jewellery show of the year! With preparations in full swing, the show is all set to unlock new growth, new partnerships, and your biggest breakthrough to success. The show is being organized by India’s Gem & Jewellery Export Promotion Council (GJEPC) from
