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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Celebrate Akshay Tritiya with Platinum Jewellery
Mumbai: Celebrated as one of the most auspicious occasions in Hindu culture, Akshay Tritiya marks a day of new beginnings, prosperity, and good fortune. It symbolizes the onset of new endeavours, prosperity and unending blessings. This year, the festival will be celebrated on 30th April 2025. As the celebrations around Akshay Tritiya evolve, the significance of purchasing ‘true white’ continues
BDB Holds Condolence Meet in Memory of Kavinbahi Chimanlal Parikh
Mumbai: Bharat Diamond Bourse (BDB) held a solemn and heartfelt condolence meet to pay tribute to its esteemed founding member, Shri Kavinbhai Chimanlal Parikh, who passed away recently. The gathering, attended by prominent members of the diamond trade, industry veterans, and BDB office-bearers, reflected on Shri Parikh’s extraordinary contributions to the Indian diamond industry and his pivotal role in the
MMTC-PAMP Unveils Laddoo Gopal Silver Bar
Mumbai: MMTC-PAMP, India’s only London Bullion Market Association (LBMA) accredited Good Delivery gold & silver refiner is proud to announce the launch of the Laddoo Gopal 50 grams 99.99%+ purity Silver Bar. This exquisite silver bar pays tribute to Lord Krishna, showcasing an image of the childlike innocence and divinity through intricate designs and fine Swiss craftsmanship. Laddoo Gopal is
Seminar on AI-Based Diamond Paternity Testing
Mumbai: The Diamond Exporters’ Association Limited (DEAL), in collaboration with the Bharat Diamond Bourse (BDB), organized an insightful seminar on Artificial Intelligence-Based Diamond Paternity Testing at the BDB Convention Hall, Bandra Kurla Complex, Mumbai. As artificial intelligence continues to transform industries globally, its application in the diamond sector has become increasingly significant. The seminar addressed the vital role AI now
Zim Trust Agreements May Not Be Enforceable
Harare: Agreements which are claimed to have been made with diamond miners for support for Zimbabwe’s Community Share Ownership Schemes or Trusts, which come under the purview of the country’s Ministry of Youth, Indigenization and Economic Empowerment, may not be enforceable. According to NewZimbabwe.com, at a sector parliamentary committee which took place last week, acting secretary for Youth and Indigenization
Global Gold Jewellery Sales Down 7% in Q1 2015
New York: Global gold jewellery consumption declined 6.7% year-on-year to 527 tonnes in Q1 2015, its lowest first quarter level since 2012, according to the GFMS Metals Research and Forecasts team at Thomson Reuters. The agency recently released its first Quarterly Update and Outlook 2015 of its annual Gold Survey and attributed the fall in demand to purshases being deferred
De Beers Lowers Prices
Gaborone: De Beers cut prices some 2–3 percent at its latest allocation in Botswana, sources say, as attendees noted a more conciliatory tone from the company CEO. The slashed prices and smaller allocation—estimated at around $450 million—were stark signs of the manufacturing community’s ongoing troubles; executives previously hinted the company would hold the line on prices since it expected the
PGI USA Appoints Deedy to Oversee Marketing
New York: Platinum Guild International USA (PGI USA) appointed Meg Deedy as its director of marketing to oversee digital media, social media and public relations strategies and programs. Deedy most recently led the social media practice for TD Ameritrade at Havas Worldwide and has more than 10 years of experience in the U.S. and abroad with leading agencies TracyLocke, MRM/McCann
