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
Emmanuelle Nodale Appointed as Brand CEO, De Beers
London: De Beers Group today announced the appointment of Emmanuelle Nodale as Brand CEO, De Beers London, as the brand enters a new phase of global expansion and strategic evolution as part of the Group’s Origins strategy. With over 20 years of expertise in shaping and developing global brands, Nodale is recognised for her strategic leadership and ability to translate
New Collaborations, Partner Alignments Expected from PGI’s Upcoming BSM
Mumbai: Platinum Guild International (PGI) is organizing its annual Buyer Seller Meet (BSM) in Kochi on 26-27 June. The 8th edition of India Buyer-Seller Meet is an exclusive, invitation-only event focused on fostering collaboration and business opportunities between platinum jewellery retailers and manufacturers. It serves as a platform for showcasing innovative designs, finalizing orders, and building partnerships ahead of key
Gemfields Generates $31.7m from Auction of Mixed Ruby
London: Gemfields has reported good demand for fine-quality rubies on yesterday in spite of market turbulence, with its latest mixed-quality ruby auction generating $31.7m in revenue. “Demand and pricing for fine-quality rubies remain strong,” said Adrian Banks, Gemfields’ MD of product and sales. “Today’s auction result demonstrated the resilience of rubies in turbulent times,” he said. The auction, held between
GJEPC Hosts Design Training Program
Mumbai: The Bharat Ratnam Mega Common Facility Centre (Mega CFC) at SEEPZ-SEZ, Mumbai, witnessed the inauguration of the much-anticipated Design Training Program by Mr. Guido Persico on 16th June. The initiative, launched by India’s Gem & Jewellery Export Promotion Council (GJEPC), aims to nurture next-gen jewellery design talent in India’s premier export hub. Mr. Dnyaneshwar Patil, Development Commissioner, SEEPZ-SEZ, graced
Gaetano Cavalieri to Get IPMI Jun-ichiro Tanaka Award
Milan: The Awards Committee of the International Precious Metals Institute (IPMI) has named Gaetano Cavalieri, President of CIBJO, the World Jewellery Confederation, as the recipient of the 2023 IPMI Jun-ichiro Tanaka Distinguished Achievement Award. It its announcement, the IPMI Awards Committee recognized Dr. Cavalieri as “one of the most prominent leaders in the international jewellery industry, which includes more than
NDC Launches New ASSURE 2.0 Program Online Portal
Mumbai: The Natural Diamond Council (NDC) has announced the launch of the new ASSURE 2.0 online portal. The updated portal enables all purchasers of Diamond Verification Instruments (DVI) to browse through the Directory, understand the features and analyse the results of the new series of ASSURE testing. Every Diamond Verification Instrument has unique benefits and choosing which device to purchase
UK Court Orders Nirav Modi's Extradition to India
London: The High Court in London on Wednesday rejected the appeal of fugitive diamond merchant Nirav Modi and ordered his extradition to India to face charges of fraud and money laundering, amounting to an estimated USD 2 billion in the Punjab National Bank (PNB) loan scam case. The verdict was delivered by Lord Justice Jeremy Stuart-Smith and Justice Robert Jay,
GJSCI Launches First Digital Course
Mumbai: The Gem and Jewellery Skill Council of India (GJSCI) has launched its first ever digital course based on the highly sought-after job role of “Jewellery Retail Sales Associate”. Digitalisation of courses has become the need of the hour as every sector is pivoting to digital solutions, GJSCI said. The course will be conducted in Hindi language. It is designed
