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
TanzaniteOne Q3 Output Dips
Dar Es Salaam: Richland’s partly-owned TanzaniteOne Mining Limited (TML) said it produced 622,551 carats of tanzanite during the third quarter of 2014 down from 810,347 carats recorded a year earlier. The company said in a statement that it achieved an average grade of 110 carats per tonne up from 108 carats realised during the second quarter of 2013. It said
Gemfields Uncovers 40.23-Ct Ruby
Maputo: Gemstone miner Gemfields has discovered a 40.23-carat ruby Mozambique that the firm says it believes to be one of the most important rubies unearthed in recent times. “The gemstone will set a new benchmark for the quality of African rubies and endorses the Montepuez deposit in Mozambique as the world’s most significant deposit presently in development,” the company said
EGL USA Launching Diamond Trading Service
New York: Stung by RapNet’s decision to ban all EGL labs from its network, EGL USA is launching a rival online trading platform. The network, still in the testing phase, will list “stones from EGL USA as well as other top-tier well-respected labs,” says a spokeswoman. A statement said that the free-of-charge platform is meant for lab clients “displaced by
Now Diamonds from Peanut Butter!
London: While man-made diamonds are becoming increasingly popular, it’s hard to believe a German geologist has found the way to create the coveted gems out of peanut butter. However Dan Frost — a geologist from the Bayerisches Geoinstitut— was able to replicate extreme conditions found in the Earth’s surface, becoming one of the first cases reported where the tasty spread
GJS 2024 Concluded Successfully
Mumbai: All India Gems and Jewellery Domestic Council (GJC) recently announce the successful completion of its highly anticipated jewellery exhibition – Gems and Jewellery Show (GJS) – Diwali 2024 held from 25th September 2024 to 28th September 2024 at the Jio World Convention Centre, Mumbai. The event #HumaraApnaShow attracted thousands of jewellery enthusiasts, connoisseurs, and industry professionals, making it one
GJEPC’s 3rd Gem & Jewellery BSM Opened
Mumbai: India’s Gem and Jewellery Export Promotion Council of India (GJEPC), the apex trade organization dedicated to promoting Indian gem and jewellery exports worldwide, organized the 3rd edition of the Gem and Jewellery Buyer Seller Meet (G&J BSM) at the iconic Bharat Ratnam, Mega CFC SEEPZ in Mumbai. The two-day event was graced by the presence of distinguished guests including Mr.
BDB Leadership Series ‘Polishing our Future’ on 11th Oct
Mumbai: Bharat Diamond Bourse (BDB) is organizing the BDB Leadership Series: “Polishing Our Future,” on October 11, 2024, at the Convention Hall, BDB, Mumbai. This event is a rare opportunity to engage with leading figures from the diamond and jewellery industries, and BDB has invited industry professionals to register and be part of the conversation shaping the future of the
IIGJ’s Training & Skilling Centre Opens in Ratnagiri
Ratnagiri: Mr. Uday Samant, Minister for Industries, Government of Maharashtra, inaugurated the Indian Institute of Gems & Jewellery (IIGJ), training and skilling centre in Ratnagiri on 24th September in the presence of Mr. Kirit Bhansali, Vice Chairman, GJEPC; Mr. M. Devender Singh, District Collector, Ratnagiri; Mr. Kirthi Kiran Pujar, CEO, Zilla Parishad, Ratnagiri; Mr. Sabyasachi Ray, Executive Director, GJEPC; Mr. Siddhartha,
