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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GJEPC Road Show Strengthens Outreach in Vietnam
Mumbai: In a bid to boost bilateral cooperation, India’s Gem & Jewellery Export Promotion Council (GJEPC) held a series of constructive meetings with key stakeholders from Vietnam’s gemstone and investment sectors. A key meeting was held with Mr. K.S. Ngo The Hoc, Vice President and General Secretary of the Vietnam Association of Gemstones (VAG), accompanied by representatives from seven member
Dr. K. Srikar Reddy, CGI, San Francisco Visits India Pavilion, JCK Las Vegas ’25
The Gem & Jewellery Export Promotion Council (GJEPC) extended a warm welcome to Dr. K. Srikar Reddy, Consul General of India (CGI), San Francisco, during his visit to the India Pavilion at JCK Las Vegas 2025, North America’s premier jewellery trade show. Mr. Kirit Bhansali, Chairman, GJEPC, greeted Dr. Reddy at the Pavilion. Also present during the visit were Mr.
RBI Increases Gold Loan Availability
Mumbai: The Reserve Bank of India (RBI) has eased rules for gold loans. Those who are seeking loan against gold can now get up to 85% of the gold value as a loan, up from 75%. This new Loan-to-Value (LTV) cap applies to total loan amounts up to ₹2.5 lakh, including interest. For example, if your gold is worth ₹1
De Beers Launches ‘Ombré Desert Diamonds’ Jewellery Beacon
Las Vegas: De Beers Group yesterday unveiled compelling new downstream propositions focused on driving desire for natural diamonds as a category and on differentiating polished diamonds sourced from De Beers Group, according to a press release published on the Group’s website. At the annual JCK Las Vegas Show – the largest jewellery event in the global calendar – De Beers
Argyle Raises Money for Women for Internship
London: A champagne diamond from Rio Tinto’s Argyle Diamond Mine has been used to raise funds to sponsor a female mining intern from London’s Imperial College. The Rio Tinto internship was announced at a ‘Women in Mining’ event on the side-lines of Europe’s leading mining investment and capital raising conference, the Mines and Money conference in London. Rio Tinto’s Diamonds
Platinum Supply Declined by 27%
Johannesburg: Platinum is set to see a global shortfall of 885,000 ounces in 2014, 27 percent more than in 2013, according to a quarterly report by World Platinum Investment Council (WPIC). The sharp drop in supply comes mainly from a 31 percent fall in mining supply from South Africa, largely attributed to the five-month strike which hit the South African
Chow Tai Fook Celebrates 85th Anniversary
Beijing: Chow Tai Fook Jewellery Group Ltd., a world-class leading jeweler with 85 years of heritage, on November 28, staged its finale anniversary celebration with a special high jewellery show and exhibition. Hosted by Dr. Henry Cheng, the group’s chairman, the celebration gala drew luminaries from the worlds of jewelry, fashion, business and media. At the gala night, Chow Tai
ZMDC Asked to Publish Financial Statements
Harare: Government of Zimbabwe has given a directive to the Zimbabwe Mining Development Corporation to publish its financial statements in a bid to ensure transparency and accountability. ZMDC is a State-owned mining company which has investments in most of the major mining sub-sectors in the country, as reported by The Herald. The ZMDC, a state-owned entity that is under U.S.
