We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
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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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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
Jewellers Hopeful for Good Demand in Akshay Tritiya
Mumbai: Gold prices have proceeded to touch Rs. 1 lakh per 10 gram at the retail level recently and is likely to hurt consumer sentiment ahead of Akshaya Tritiya, a heavy purchase day for gold. The price of gold without the Goods & Services Tax (GST) was trading at Rs 97,200 per 10 gm. The jewellery trade is hopeful that
Zen Diamond Opens New Store at Borivali
Mumbai: Zen Diamond, a globally renowned fine jewellery brand with a presence in over 400 stores worldwide, is strengthening its footprint in India with the launch of its second store in Mumbai. Following the successful debut of its flagship store in Bandra, Zen Diamond is now bringing its exquisite craftsmanship to Borivali (Mumbai) with a new store at Sky City Mall. Spanning across
Indo-UAE Global Connect Explores Opportunities
Mumbai: India’s Gem and Jewellery Export Promotion Council (GJEPC) hosted another edition of India Global Connect, a business networking meet, with the United Arab Emirates (UAE) on 23rd September 2021. The meet provided a virtual platform to the gem and jewellery manufacturers, retailers and wholesalers from India to connect with the trade in the UAE to explore business opportunities. The
CIBJO releases Diamond Special Report
Milan: With fewer than five weeks to go to the opening of the 2021 CIBJO Congress on November 1, 2021, the fourth of this year’s CIBJO commissions’ Special Reports has been released. Prepared by the CIBJO Diamond Commission, headed by Udi Sheintal, the report focuses on a three-part process to establish comprehensive standards for diamonds through the International Organisation for
Gold’s Role in Decarbonising Investment Portfolios
Mumbai: The World Gold Council (WGC) has recently launched a new report “Gold and climate change: Decarbonising investment portfolios”, which looks at gold’s potential impact on the carbon profile of investment portfolios and their alignment with climate targets. This report aims to provide investors and stakeholders with a greater understanding of the implications regarding the transition to net zero carbon
UK Royal Mint Launches Gold Bar featuring Laxmiji
London: As the British-Indian diaspora gear up to buy gold on the auspicious occasion of Dhanteras, the UK’s Royal Mint has launched its first ever gold bullion bar to celebrate Diwali, reports The Times of India. The bar is engraved with an image of the Hindu goddess Lakshmi. The Lakshmi bar — which contains 20g of 999.9 fine gold with Lakshmi engraved into
