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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PJ Watson is Gem-A Gem Empathy Award Winner
London: The Gemmological Association of Great Britain (Gem-A)) has announced the winner of this year’s Gem Empathy Award as P J Watson. The Hertfordshire-based designers, manufacturers and wholesalers of fine diamond and gem set jewellery were awarded the prize for their stunning multi-purpose tourmaline and diamond, peacock feather brooch in 18ct white gold, created especially for the IJL show. Gem-A’s
First Sustainable Pearls Forum Talks Held
Hong Kong: The Sustainable Pearls Forum took place June 20th in Hong Kong, bringing pearl industry leaders around a table to discuss the importance of sustainability to cultured pearls. This event included companies such as Paspaley, Robert Wan, Jewelmer, Tiffany & Co. and Mikimoto. The Forum highlighted the potential of pearls as pioneers of sustainability in the jewellery industry and
Indian Companies Shine at 2014 JNA Awards
Hong Kong, 12th Sep: The 2014 JNA Awards has recognized a number of India-based companies for their contribution to the global jewellery and gemstone industry. JNA has named Anoop Mehta, president of the Bharat Diamond Bourse (BDB), as recipient of the Lifetime Achievement Award – the most prestigious honour conferred by JNA – while five of India’s major diamond manufacturers
Multibank is First Fin. Inst. to Secure Office in PGJC
Panama: Panama’s Multibank has become the first financial institution to secure office space in the Phase I building of the Panama Gem & Jewelry Center (PGJC). Providing a range of banking products and services, the Panama City-headquartered bank also has operations in Costa Rica and Colombia, a representative office in Peru, and is the main company in the Multi Financial
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
WFDB Asia Presidents' Summit from 9th Mar
Shanghai: The finishing touches are being put to the World Federation of Diamond Bourses (WFDB) Executive Committee (Exco) Meeting and Asia-Pacific Presidents’ Summit to be held in Shanghai on March 9 and 10. Regional WFDB presidents, along with WFDB President Ernie Blom, will be hosted by the Shanghai Diamond Exchange. Together with Blom, the presidents of diamond exchanges in the
CIBJO Releases Marketing & Education Report
Milan: With two months to go to the opening of the 2015 CIBJO Congress in Salvador, Brazil, on May 4, 2015, the first of the CIBJO commissions’ Special Reports has been released. Prepared by the CIBJO Marketing & Education Commission, headed by Jonathan Kendall, the report urges the jewellery and gemstone industries not to fall behind other business sectors in
Rio Tinto Launches World’s First AEC in India
Perth: Mining giant Rio Tinto will begin its world-first Analytics Excellence Centre (AEC) in India, to improve equipment productivity across its global operations. The Centre will assess massive volumes of data captured by the array of sensors attached to Rio Tinto’s fixed and mobile equipment and enable experts to predict and prevent engine breakdowns and other downtime events, significantly boosting
