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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India’s Rough Imports Inceased by 16.19%
Mumbai: India’s cut & polished diamond exports for month of June 2014 has registered $1,469 million (2,695,000 carats), showing a decrease of 0.66 percent against $1,478.81 million (2,806,000 carats) during June 2013, according to the provisional figures announced by the Gem & Jewellery Export Promotion Council (GJEPC) of India. For the period of April 2014 to June 2014 too, cut
3 Carat Synthetic Largest-Ever Grown Gem
New York: Pure Grown, the man-made diamond company formerly known as Gemesis, is selling a 3 ct. K SI stone—which it calls the largest colorless diamond ever produced by nonnatural means, reports jckonline. Lisa Bissell, the Fabrikant veteran recently appointed president and CEO of the company, says that she has every intention of selling the gem, which has a report
Zimbabwe Imposes Embargo on Rough Export
Harare: The Zimbabwean government has reportedly banned the export of rough diamonds to ensure the country realises maximum value for its gems. NewsDay quoted Mines and Mining Development minister Walter Chidhakwa as saying that the issue was extensively discussed and Cabinet agreed and directed that “we implement the new institutional programme”. He said Harare had recognized that it was “not
GJF Launches Monthly ‘G&J Times’
Mumbai: The All India Gems and Jewellery Trade Federation (GJF), the national trade federation for the promotion and growth of trade in Gems and Jewellery (G&J) Industry across India, hosted an exciting 6th edition of its signature GJF NITE 2014 in Mumbai. The fun filled, entertaining and musical fashion extravaganza event, presented by R. M. Jewellery and powered by CVM,
IGI Certifies 14.6 carat Made in India LGD
Mumbai, India: The International Gemological Institute (IGI) certified a stupendous 14.6 carat, laboratory grown creation at its Mumbai facility. Manufactured by Ethereal Green Diamond LLP, the stone was created using the Chemical Vapor Deposition (CVD) process and is of VS2 clarity in color F. It is reported that the stone is the largest among gem quality, laboratory grown diamonds developed
Overwhelming Response for IIJS Premiere 2021
Mumbai: Registration for IIJS Premiere 2021, which is being held in Bengaluru for the first time, is in full swing. This time due to Covid restrictions and considering the safety of the visitors, the registration process is completely online and there won’t be an on-the-spot registration facility. Visitors need to visit https://registration.gjepc.org/single_visitor.php to register. Being the first mega gem & jewellery show
Strict Safety Norms at IIJS Premiere 2021
Mumbai: IIJS Premiere 2021, the flagship show of GJEPC, will be held in a safety cocoon in Bangalore for the first time from 15th to 19th September 2021, owing to the venue constraints in Mumbai. IIJS Premiere, the most coveted show of the Indian gem and jewellery industry, is eagerly awaited by the entire fraternity after a year marked by pandemic-related lockdowns.
IDI Continues Upward Trend in July 2021
Ramat Gan: According to the latest report published by the Israel Diamond Controller in Israel’s Ministry of Economy and Industry, the Israeli diamond industry (IDI) continued its impressive growth during July 2021, with major rises in all parameters. Net import of polished diamonds in the first 7 months the year totaled $1.63 billion, a rise of 145% over the same
