We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
Why Is a Widening Gulf War Lifting Oil but Sinking Gold and Silver?
Macro Snapshot: The week ending 30 October brought the kind of news that once sent buyers into gold. Reuters reported the first known successful limpet-mine strike on a tanker in the Strait of Hormuz since the war began in February, and Houthi forces claimed strikes on Saudi refineries. Washington ordered non-emergency government staff out of Saudi Arabia amid reports that US strikes on Iran could resume after the 3 November midterm elections. Brent rose 13.6% over October, with the expiring
Why Is a Widening Gulf War Lifting Oil but Sinking Gold and Silver?
Macro Snapshot: The week ending 30 October brought the kind of news that once sent buyers into gold. Reuters reported the first known successful limpet-mine strike on a tanker in the Strait of Hormuz since the war began in February, and Houthi forces claimed strikes on Saudi refineries. Washington ordered non-emergency government staff out of Saudi Arabia amid reports that US strikes on Iran could resume after the 3 November midterm elections. Brent rose 13.6% over October, with the expiring
Top News
2nd India-US Diamond Week from 12th Jan
Mumbai: Over 60 exhibitors, including Indian diamond companies and US-based Indian manufacturers, will be showcasing their products at the second India-US Diamond Week. The show, which is being held in association with the Diamond Dealers Club (DDC) New York, will take place between 12th & 15th January, 2015. A large number of visitors mainly from New York, with some from
India Unlikely to Put Fresh Curbs on Gold Imports
New Delhi: India is unlikely to put any fresh restrictions on gold imports, as the inward shipments have fallen sharply this month despite the recent easing of some curbs by RBI, reports Business Line. In the first fortnight of December, gold imports have fallen to about 25 tonnes from 150 tonnes during entire November. In December 2013, gold imports stood
Will China Overtake India in Diamond Mfg?
Beijing: India’s long-held position as the world’s top diamond polisher is being challenged by soaring output from China, compelling the south Asian country to seek help from ally and top rough diamond supplier Russia to defend its market share. India has traditionally relied on the middlemen in trading hubs of Antwerp, Tel Aviv and Dubai for its supply of rough
ALROSA Wins Auction on Molodo Diamond Deposit
Moscow: OAO Nizhne-Lenskoye, an ALROSA subsidiary, won an auction for the license to explore and develop the diamond placers near Molodo River in the Sakha (Yakutia) Republic. OAO Nizhne-Lenskoye offered 51.776 million rubles for the licence to commence operations at the deposit. The starting price was 43.147 million rubles. The offering is subject to the approval of the Government of
JNA Awards Announces Categories for 2015
Hong Kong: JNA Awards, the annual industry-wide event that honours innovators, leaders and outstanding enterprises of the international jewellery and gemstone industry with a focus on their contributions in Asia, has 16 award categories for 2015. Organized by JNA (Jewellery News Asia), JNA Awards 2015 is led by Rio Tinto Diamonds and Chow Tai Fook as Headline Partners, with Diarough
Vipul Shah Gets Amity Export Exc. Award
New Delhi: Gem & Jewellery Export Promotion Council (GJEPC) Chairman Mr. Vipul Shah was conferred with the Amity Export Excellence Award at the Valedictory Function of the 15th International Business Summit & Research Conference INBUSH-ERA organized by Amity University at its campus in Noida on February 27, 2015. The award is part of the Amity Corporate Excellence Awards that are
Today’s Women Choose Classic Platinum Jewellery
Mumbai: Precious platinum is the preferred choice for the modern woman of today; a perfect ode to each role she dons with excellence, platinum’s inherent qualities and elegant designs define her sense of style and personality. International Women’s Day marks the spirit of womanhood and India’s finest boxing champion, the magnificent Mary Kom, says, “Platinum speaks to every woman, the
Gold Recycling Report Published By WGC
Mumbai: “The Ups and Downs of Gold Recycling: Understanding Market Drivers and Industry Challenges,” written and published recently by the World Gold Council (WGC) and The Boston Consulting Group (BCG), analyses the economic drivers of the global gold recycling market and highlights important future industry trends including; a shift in concentration of gold recycling from west to east, increased difficulty
