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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Inaugural DIDGC from January 29
Doha: The inaugural Doha International Diamond & Gem Conference (DIDGC) will be held in Doha , the capital of Qatar, at The Ned, from January 29 to 31st 2025. “The conference endeavours to be different from other global industry events staged over the past few years. We are fully aware of the recent structural changes that have taken place throughout the diamond and gemstone supply
Entries Open for Sustainability Awards 2025
Hong Kong: Informa Markets Jewellery’s Sustainability Awards by JWA (Jewellery World Awards) is back this year with a redefined set of categories! Recognising sustainability champions in the fine jewellery, gemstone and related industries, the Awards are open for entries from today until 7 April (6pm, Hong Kong Time). “Previously known as the JNA Awards, JWA was launched by Informa Markets
IIJS Celebration & Award Night
Mumbai: Renowned Bollywood singer Javed Ali set the stage on fire with his electrifying performance at IIJS Celebration Night at Jio World Convention Centre on 4th Jan on the eve of IIJS Signature organized by India’s Gem & Jewellery Export Promotion Council (GJEPC). The crowd went ballistic when he started singing the popular Bollywood numbers! An entertaining night that left
IJPM’s Construction to Begin this Month
Mumbai: The first-of-its-kind India Jewellery Park Mumbai’s (IJPM) construction will commence this month, announced Mr. Vipul Shah, Chairman, Gem & Jewellery Export Promotion Council (GJEPC) during the inauguration of the 17th edition of India International Jewellery Show (IIJS) Signature gem & jewellery trade show at Bombay Exhibition Centre (BEC), NESCO, Goregaon East. Phase 1 of India Jewellery Park Mumbai, including the
IDE's Statement on Undisclosed Treated Diamonds
Ramat Gan: The President and the Board of the Israel Diamond Exchange has issued a statement expressing concern about reported suspicions that traders have distributed close to 500 high-quality, treated polished diamonds in the Israeli diamond trade, without disclosure, and with GIA diamond grading reports that misrepresented the diamonds’ true identity. The deception was exposed by GIA, which subsequently issued
WFDB Expresses Concern over GIA Statement
Antwerp: World Federation of Diamond Bourses (WFDB) President Ernie Blom has expressed his concern over a GIA statement that around 500 colorless to near-colorless diamonds were submitted, primarily to its grading laboratory in Ramat Gan, Israel, which were potentially subjected to an undisclosed temporary treatment. “I am extremely concerned by this development,” Blom said in a statement. “This is clearly
Jewellery & Knowledge Smart City near Mumbai
Mumbai: Maharashtra government has decided to set up jewellery and knowledge smart city in the state to promote the growth of gems and jewellery sector. “We plan to set up jewellery and knowledge smart city in the state to promote the growth of the gems and jewellery sector. I would request Maharashtra Industrial Development Corporation (MIDC) to provide suitable place
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
