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
Groups including GJEPC Boycott WDC Meeting
Antwerp: Eight prominent industry groups are boycotting the upcoming World Diamond Council in Antwerp, out of concern that the group is widening its mandate beyond conflict diamonds. The groups, led by the World Federation of Diamond Bourses (WFDB), expressed particular concern about a survey done by the group, conducted by Belgian consulting firm Gemdax. They characterized the survey, which will
Exceptional Results for Argyle Pink Diamonds Tender
Perth: Rio Tinto’s 30th anniversary collection of 54 rare pink and red diamonds from its Argyle diamond mine has delivered exceptional results, achieving the highest average price per carat since the Tender began in 1984. With a record number of more than 600 bids, the collection was internationally popular with successful bids for the rare diamonds submitted from ten countries.
Patricia Syvrud is ED of World Diamond Council
New York: The World Diamond Council (WDC) has named Patricia Syvrud, founder and president of Joia Consulting, LLC, as its first Executive Director, effective October 31, 2014. Syvrud will report to the Executive Committee of the WDC Board of Directors and will assist the President of the WDC. She will be responsible for representing the WDC in the Kimberley Process,
WDC's Annual Meeting in Antwerp from 28th Oct
Antwerp: Members of the World Diamond Council (WDC) have assembled in Antwerp, October 28 to October 30, for the organization’s 2014 Annual General Meeting. Among the guests are Philippe Mellier, De Beers CEO, who will address a special all-day session on October 29, which will focus on issues associated with the Kimberley Process, 14 years after its establishment, and the
Sparkle International G&J Exhibition in August
Surat : The Southern Gujarat Chamber of Commerce and Industry (SGCCI) is set to host the highly anticipated ‘Sparkle International Gems and Jewellery Exhibition 2023’ at the prestigious Indoor Stadium in Athwalines, commencing from August 25. This three-day extravaganza promises to showcase the finest jewellery pieces from over 35 renowned brands, drawing visitors from all corners of the globe. The exhibition
Mubri Organizes BSM: Brazil on the World Stage
Sao Paulo (Brazil): On the 11th and 12th of August, the expected international event BSM (Buyer Seller Meet) Brasil 2023 will take place in Sao Paulo city bringing top leading diamond and jewelry manufacturing companies coming from India to meet and make business with the biggest retailers and wholesalers from the South American country. The goal, in addition to Brazilian companies
Manushi Chhillar is Brand Ambassador of GJEPC
Nrew Delhi: The Gem and Jewellery Export Promotion Council of India (GJEPC), apex trade body promoting Indian gems & jewellery exports, globally, organised the India Evening (An Evening of Extravaganza) in New Delhi inviting distinguished Ambassadors, High Commissioners, trade diplomats representing several countries from across the world along with leading Ministry officials and trade fraternity. Dr. Rajkumar Ranjan Singh, Union
CIBJO Emphasises Jewellery’s Positive Societal Role
New York: Gaetano Cavalieri, President of the World Jewellery Confederation (CIBJO), informed the High-Level Segment of the United Nation’s Economic and Social Council (ECOSOC) in New York about the jewellery industry’s potential as a force for positive societal development, particularly during the period following the COVID pandemic. Among the leaders in attendance during the gathering was UN Secretary General António
