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
Top News
AGL Celebrates Five Years under New Management
New York, 15th April: American Gemological Laboratories (AGL), a provider of high-quality gemstone analysis and reporting is celebrating its five-year anniversary under the stewardship of Christopher P. Smith. “Five years ago, AGL was re-privatized during one of the most difficult periods the US and world financial markets have experienced in recent decades. AGL, however, had a good reputation and we did
Gold Smuggling Arrests Jump 750% YoY in India
Mumbai, 14th April: While cases of gold smuggling in India have jumped 265% from 40 in 2012-13 to 146 in 2013-14, the number of people arrested has shot up by 750%, from 30 in 2012-13 to 255 in 2013-14, data from the Directorate of Revenue Intelligence shows, according to a report published in Mineweb. “Gold imports through the legal channel have
IIJS 2021 Generates Business of $ 6.75 Billion
Mumbai: In more ways than one, the 37th edition of IIJS Premiere 2021, the flagship trade show held in Bengaluru by India’s Gem & Jewellery Export Promotion Council (GJEPC), revived the moribund economy, not just that of the gems and jewellery sector, but all the peripheral sectors associated with the organising of the show, including transport, hotels, retail, and restaurants.
Reena Ahluwalia Donates Painting for Charity
Royal Oak: Roger Dery of Roger Dery Gem Design is celebrating his 40th year in business and 40th visit to the African continent with a charity raffle donating 100% of the proceeds to Gem Legacy, a 501c3 nonprofit dedicated to kids, education, and entrepreneurship initiatives in East African colored gemstone mining communities. Roger reached out to Reena to create a
GJSCI Shifts to New Office
Mumbai: The new office of Gem & Jewellery Skill Council of India’s (GJSCI) was inaugurated by Hon’ble Mr. Piyush Goyal, Minister of Commerce & Industry, Consumer Affairs & Food & Public Distribution and Textiles, Government of India, on 23rd September 2021. GJSCI moved into a bigger office space in the same building, Business Facilitation Centre, SEZ, SEEPZ, from the 3rd
Piyush Goyal Gives ₹270 cr for SEEPZ Infrastruture
Mumbai: Mr. Piyush Goyal, Minister of Commerce & Industry, Consumer Affairs & Food & Public Distribution and Textiles, Govt. of India, visited the SEEPZ in Mumbai yesterday . Hon’ble Minister interacted with GJEPC and SEEPZ leadership along with Jewellery Exporters and approved ₹200 Crore for upgrading the SEEPZ infrastructure and ₹70 Crore for development of a Mega Common Facility Centre
