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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CIBJO and Fairtrade International Sign MOU
Moscow, 23rd May: CIBJO and Fairtrade International have signed a Memorandum of Understanding according to which Fairtrade commits to working with CIBJO and its member organizations to improving certified Fairtrade gold supplies to the jewellery markets and members of CIBJO-associated organisations, and CIBJO commits to facilitating and encouraging its members to adopt and integrate fairtrade gold and metals into their
RBI Allows Private Agencies to Import Gold
Mumbai: The Reserve Bank of India (RBI) yesterday eased tough gold import rules by permitting seven more private agencies to import the yellow metal. It is a measure that industry officials say could increase supplies and reduce premiums in the peak wedding season. Gold imports by India, the world’s No. 2 bullion consumer after China, could quickly rise from current
GJEPC Flays Surat Diamantaires on Bourse Plan
Mumbai, 22nd May: The Gems and Jewellery Export Promotion Council (GJEPC), of India has criticized the move by some diamantaires in Surat to shift their Mumbai operations to the proposed Surat Diamond Bourse (SDB) in Surat, reports The Times of India. GJEPC chairman Vipul Shah said, “It is not the prerogative of 50 diamantaires to decide and win over others
India Raises Import Tariff Value of Gold, Silver
Mumbai: India has raised its import tariff value of gold and silver on Wednesday. Indian government has trimmed its import tariff value of gold from $421 per ten grams to $431 per 10 grams and silver from $644 per kilo gram to $ 646 per kilo gram, said the ministry of finance. Import tariff value is the base price on which
GJEPC Hosts Seminar in Surat on Demonetisation
Surat: The Gem & Jewellery Export Promotion Council (GJEPC), Gujarat Region, organised a seminar on ‘Demonetisation and Opportunities for G&J Sector’ at Surat yesterday. Over 50 members of the trade were present. The seminar was addressed by Shri S.P.Shah, founder & chairman, Venus Jewels; Shri Govindbhai Dholakiya, Founder & Chairman, Shree Ramakrishna Exports and CA Nirav Jogani, Vice Chairman, RSM
BlueStone Launches First Ever Design Week
Mumbai: India’s leading online jewellery brand, BlueStone.com has launched exclusive designs under five limited edition collections as part of its latest initiative – BlueStone Design Week. The Design Week, a first of its kind enterprise by the jewellery major celebrates the beauty and significance of designs in jewellery. The first edition of the BlueStone Design Week showcases 5 exclusive collections
TGJTA to Host Inaugural Thailand G&J Fair 2017
Bangkok: The Thai Gem and Jewelry Traders Association (TGJTA) says the inaugural Thailand Gems & Jewelry Fair 2017 will take place from June 15 to 18 at Challenger 1, IMPACT, Muang Thong Thani, Bangkok. “We are certain to see a bigger and better fair than our previous editions this coming June,” said Suttipong Damrongsakul, President of the Thai Gem and
HRD Opens 1st Centre of Excellence in China
Shanghai: HRD Antwerp today opened its first Centre of Excellence branch in Shanghai, China. The opening took place in the framework of the City of Antwerp’s mission to Seoul and Shanghai, and was held in the presence of the Mayor of Antwerp Bart De Wever and Antwerp’s Alderman for Diamonds Ludo van Campenhout. China is the second most important and
