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
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Zimbabwe’s Local Auction Oversubscribed
Harare: First Element, which conducted Zimbabwe’s first local diamond tender in Harare last week, said although the stones that were placed under the hammer were few, there was a strong appetite from foreign buyers. Company managing director Johan Erikson told a diamond conference that was convened last week in Harare that about 400 buyers and 133 companies attended the auction.
Antwerp's Diamond Figures Drop Slightly
Antwerp: The Antwerp diamond sector’s trade figures in October decreased slightly compared to the same month last year. Figures show that slightly fewer polished diamonds were traded, but the value of diamonds traded was higher compared to the value of polished diamonds traded in October last year. Rough diamond trade figures also show a decline compared to October 2013, but
CIBJO Moots Carbon-Free Jewellery Industry
London: CIBJO President Gaetano Cavalieri has held a meeting in London with Lord Deben, Chairman of the Independent Committee on Climate Change in the United Kingdom, during which they discussed CIBJO’s educational programme for a carbon-free jewellery industry, which was outlined at the CIBJO Congress in Moscow in May. A renowned authority on environmental sustainability, Lord Deben also chairs the
KP Faces Fractious Battle Over '15 Vice-Chair Vote
Guangzhou: One of the biggest questions facing delegates at the plenary meeting of the Kimberley Process in Guangzhou, China which started yesterday and ends on November 14 will be which country is elected as Vice Chair for 2015. With Angola set to become Chair on January 1, Dubai and Australia are the candidates for the position of Vice Chair. However,
Augmont Gold For All Wins Top Honours
Mumbai: Augmont Gold For All, one of India’s largest fully integrated Gold-Tech companies, announced its double victory at the India Gold Conference 2023-24. The company has secured two of the industry’s most prestigious awards: Leading Gold Bullion Refiner (All-India) of 2023-24 and Innovative Digital Gold Player of 2023-24. These accolades underscore Augmont’s dominance and pioneering spirit in the gold market. The
PNG Jewellers’ IPO Opens on 10th September
Mumbai: P N Gadgil Jewellers Ltd. (the “Company”) proposes to open its initial public offering (“Offer“) on Tuesday, September 10, 2024. Bid/ Offer Closing Date will be Thursday, September 12, 2024. Anchor Investor Bidding Date is one Working Day prior to Bid/Offer Opening Date, that is, Monday, September 09, 2024. The Price Band of the Offer has been fixed from ₹456
Celebrate Onam with Platinum Jewellery
Kochi: Onam, a festival that symbolizes new beginnings and the promise of prosperity, brings with it the perfect opportunity to celebrate with something truly special. As families gather to create vibrant Pookalams, share the sumptuous Onam Sadhya, and celebrate the legendary return of King Mahabali, there’s no better way to elevate your festivities than with the timeless beauty of platinum
CIBJO to Hold 4 Seminars at Sep. VICENZAORO
Milan: CIBJO’s popular Jewellery Industry Voices webinar and seminar series will continue at the VICENZAORO show in Vicenza, Italy, with four hybrid seminars – in person at the Palladio Theatre at the Fiera di Vicenza exposition centre, and simultaneously live streamed. They will take place on Sunday, September 8, 2024. The event is being hosted by the VICENZAORO organizer, the
