We Wish to Build Globally Relevant SKY Gold: Akash Talesara
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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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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,
Platinum is Prominent Choice of Young India
The never-ending attraction for jewellery can certainly not be measured, as it’s always been an essential part of India’s ethos through history and culture. The relationship and need that the young consumer has with jewellery today is very strong; indicates a recent Platinum Guild International qualitative research, conducted across 7 metros in India with over 250 women to understand Indian
SA Platinum Producers to Launch Promotion Body
Johannesburg: South African platinum producers are planning to launch an industry body to promote investment demand for the precious metal in the coming months aimed at boosting sales in the face of falling prices, industry and banking sources said. The new body, to be called the World Platinum Investment Council, is likely to be based in London or Johannesburg, the
De Beers “to Cut Sightholder Numbers”
Gaborone: De Beers is reportedly planning to further cut the number of sightholders. The UK-based has steadily reduced the number from an historic peak of 350 to a current total of just over 60, reports the idexonline.com. That number is to be further reduced, as of January 2026, according to a letter sent by De Beers last month. “Sightholder selection
BDB Prepares Ind. Members for Sustainable Future
Mumbai: India’s Bharat Diamond Bourse (BDB) had organized a seminar to address Industry members, titled, “Polishing Our Future” on 11th October 2024 at BDB Convention Hall, Mumbai. Inviting world renowned speakers like Paul Zimnisky, Diamond analyst and expert, Tawhid Abdullah, CEO Jawhara Jewellery Group, Amit Pratihari, Managing Director, India, De Beers, Ananthanarayanan Hariharan, Head Retail and Merchandising, Novel Jewels, Aditya
Augmont Unveils Char Dham Coin Collection
Mumbai: Augmont Gold for All, India’s leading provider of precious metals, unveils its limited-edition ‘Char Dham Coin Collection’ ahead of the festive season. Following the success of the Ram Mandir (Kan Kan Me Ram) coin just ahead of the Ram Mandir inauguration, this unique “Char Dham” series during the festive season provides devotees, collectors, and gift-givers an exceptional way to connect
GSI & Dr. Homi Bhabha State Uni. Sign MOU
Mumbai: Gemological Science International (GSI), a global leader in gemological services, and Dr. Homi Bhabha State University, Mumbai, signed a significant Memorandum of Understanding (MoU) on 6th May, 2024 to collaborate on education, research, and technological advancements. The partnership marks a strategic step forward in bridging academia and industry to promote innovative learning and research, specifically in gemology and chemistry.
