We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
Why Is a Widening Gulf War Lifting Oil but Sinking Gold and Silver?
Macro Snapshot: The week ending 30 October brought the kind of news that once sent buyers into gold. Reuters reported the first known successful limpet-mine strike on a tanker in the Strait of Hormuz since the war began in February, and Houthi forces claimed strikes on Saudi refineries. Washington ordered non-emergency government staff out of Saudi Arabia amid reports that US strikes on Iran could resume after the 3 November midterm elections. Brent rose 13.6% over October, with the expiring
Why Is a Widening Gulf War Lifting Oil but Sinking Gold and Silver?
Macro Snapshot: The week ending 30 October brought the kind of news that once sent buyers into gold. Reuters reported the first known successful limpet-mine strike on a tanker in the Strait of Hormuz since the war began in February, and Houthi forces claimed strikes on Saudi refineries. Washington ordered non-emergency government staff out of Saudi Arabia amid reports that US strikes on Iran could resume after the 3 November midterm elections. Brent rose 13.6% over October, with the expiring
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Demand for Indian Gold Jewellery to Rise
Mumbai: India’s gems and jewellery exporters are set to shine brighter than domestic retailers. Positive signs from export destinations such as higher disposable income and consumer spending as well as improvements in consumer confidence is set to support export volumes of gems and jewellery, maintain analysts. An economic recovery is also set to benefit exporters, reports Mineweb.com. Indian exporters are
IGI Becomes Premier Affiliate Sponsor of NCDIA
New York: The International Gemological Institute (IGI) has joined the Natural Color Diamond Association (NCDIA) as its first premier affiliate member. With an aim to educate consumers and increase global demand and desire for natural color diamonds, NCDIA is a not-for-profit, membership-based organization. Beyond the record-breaking blue and orange diamonds sold recently at auctions, the association has been working to
ADB to Participate in Int’l Diamond Week
Ramat Gan: The Israel Diamond Exchange (IDE) announced that a delegation of the Antwerp Diamond Bourse (Beurs voor Diamanthandel) will join colleagues from the Diamond Dealers Club of New York to take part in the International Diamond Week at the Israel Diamond Exchange, from Monday, September 1 to Thursday, September 4. “We’re very pleased that the Antwerp Diamond Bourse will
EGL International Clarifies…
Ramat Gan: EGL International Managing Partner and CEO Guy D. Benhamou has categorically refuted claims made on a regional television station in the United States that EGL’s grading standards were lower than those of its competitors. He added that it was untrue that EGL had been contacted for comment on the case by the TV station as claimed in an
Gemfields Earns $18.6 mln from Emerald Auctions
Mumbai: Gemfields’ 75%-owned Kagem Mining has raked in $18.6 million from 3.92 million carats of emerald sold in Lusaka, Zambia at an overall average value of $4.75 per carat. The auction saw 37% of the 10.68 million carats offered being sold.Gemfields’ 33 auctions of emeralds and beryl mined at Kagem since July 2009 have generated $608 million in total revenues.
CaratLane – A Tanishq Partnership: Now in Powai
Mumbai: CaratLane – A Tanishq Partnership, is now open at Mumbai’s upbeat neighborhood – City Park in Powai. This outpost of CaratLane brings a brand new jewellery buying experience to shoppers in the vicinity, especially to consumers that love to try before they buy. “The thing I love the most about CaratLane is that their designs are light-weight and made for everyday wear. They also have
GJNRF Donates 2 Vans to Roti Bank
Mumbai: India’s Gems and Jewellery National Relief Foundation (GJNRF) and Bharat Diamond Bourse (BDB) yesterday donated 2 vans to Roti Bank, one of Mumbai’s largest non-profit organisation which bridges the gap between hunger and excess food. Mr. D Sivanandhan, former Commissioner of Police, Mumbai, now Mentor at Roti Bank graced the occasion and addressed the gathering about the Roti Bank. He informed that just in over
Albert Milton of De Beers Group Dies
Gaborone: De Beers Group has announced the demise of Mr. Albert Milton, Managing Director, Debswana, the 50/50 joint venture between the Government of the Republic of Botswana and De Beers Group. Mr. Albert became unwell in Johannesburg on Thursday evening. He was admitted to hospital but died early on Friday morning. The Group expressed deepest condolences to Albert’s family, relatives
