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
ALROSA Closes its Trading Office in Antwerp
Antwerp: ALROSA has declared bankruptcy of its Belgian trading division, Alrosa Belgium NV in Antwerp. According to the Belgian edition l’Echo, in mid-June the supervisory board of the company recommended termination of participation in the Belgian trading division of Alrosa Belgium through bankruptcy. “The representative office of the Russian company ALROSA in Antwerp, Belgium (Alrosa Belgium), was closed after the
10th IRGSS Inaugurated in Jaipur
Jaipur: The 10th Edition of the India Rough Gemstones Sourcing Show 2024 (IRGSS), organized by the Gem & Jewellery Export Promotion Council (GJEPC), was inaugurated on 27th August in Jaipur by Mr. Neeraj Dubey, Additional Commissioner of Customs, Jaipur in the presence of Mr. K. M. Meena, Assistant Commissioner of Customs, Air Cargo Complex (ACC), Jaipur, along with key industry representatives.
Jemimah Rodrigues & Nithyashree Venkataramanan Evara’s New Collection
Mumbai: In today’s world, young women are redefining strength, celebrating their unique journeys, and embracing every facet of their identity with pride. They are crafting their own stories, setting their own standards, and marking each milestone on their path.In the latest campaign for Platinum EVARA, Jemimah Rodrigues and Nithyashree Venkataramanan shine as they share their top platinum jewellery picks for the season.
Tanishq-De Beers Partner to Boost Indian Market
Mumbai: De Beers Group, the diamond company, and Tanishq, India’s jewellery retail brand from the Tata group, have announced a long-term strategic collaboration to connect more Indian consumers with the rarity and preciousness of natural diamonds and amplify the growing opportunity in the Indian market. With a vibrant economy, a growing middle class and discerning consumers who seek jewellery with enduring value,
Global Rough Diamond Output Increased in 2014
Johannesburg: Market Research said that the global rough diamond production was 131.5 million carats last year, marginally up from 130.5 million carats in 2013. It said in a summary of its report, “Global Diamond Mining to 2020”, that the market for rough diamond production centered around the top eight producing countries – Russia, Botswana, the Democratic Republic of the Congo
RBI Relaxes Norms for Lending against Jewellery
Mumbai: The Reserve Bank of India yesterday relaxed the norms by allowing Loan-To-Value (LTV) ratio to be done at the average of the closing price of 22 carat gold for the preceding 30 days. The Bank has prescribed that the valuation of gold jewellery for arriving at the Loan-To-Value (LTV) shall be done at the average of the closing price
Diacam360 to Debut at Upcoming JCK Las Vegas
New York: DiaCam360, a small, portable, effective and affordable scanning device that creates high quality photos and 360-degree, interactive videos of polished diamonds, will debut in the USA at the upcoming JCK Show in Las Vegas, May 29 to June 1, 2015. The DiaCam360 will be demonstrated at the Shirtal Group Booth #B5450 in the Diamond Plaza, Bayside, Level 1.
WFDB Looking Forward to Financing Debate
Antwerp: World Federation of Diamond Bourses (WFDB) President Ernie Blom says the participation of De Beers Group CEO Philippe Mellier in the Presidents Meeting to be held in Tel Aviv from June 14 to 16 2015 will serve to sharpen one of the biggest debates that will take place at the biennial meeting – the difficulty of securing finance and
