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
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GJEPC Launches IIJS Tritiya Outreach Campaign
Dubai: The IIJS Tritiya promotion team launched a door-to-door outreach campaign in Dubai’s Gold Souq, marking a pivotal step towards strengthening the relationships of Indian jewellery manufacturers in Dubai, one of the world’s most dynamic jewellery hubs. The Dubai Gold Jewellery Group has also extended its support, pledging to disseminate information on IIJS Tritiya among its members. This direct engagement
RBI Keeps Repo Rate Unchanged at 6.5%
Mumbai: The Reserve Bank of India (RBI) on Thursday decided to keep policy rate unchanged for the sixth time in a row as it maintains a tight vigil on inflation. The rate increase cycle was paused in April last year after six consecutive rate hikes aggregating to 250 basis points since May 2022. Announcing the bi-monthly monetary policy, RBI Governor
India Pavillion at DJWE Inaugurated
Doha: The Doha Jewellery & Watches Exhibition (DJWE) is hosting a grand India Pavilion at its 20th edition, unveiling an extraordinary showcase of craftsmanship, tradition, and contemporary designs. The India Pavilion, spanning an impressive 216 square metres, features 17 exhibitors and 18 booths, presenting an unparalleled collection of Plain Gold, Studded Jewellery, and Diamond Studded Jewellery. The 20th edition of
Celebrate Love with Platinum Love Bands
Mumbai: Platinum Love Bands aims to elevate the celebration of Valentine’s Day, with the ultimate symbol of love – rare platinum. Perfect for those ready to embark on a journey of commitment, or mark a big moment in their relationship journey, these bands will make Valentine’s Day truly unforgettable. With the ability to make passersby halt in their tracks, gigantic
CIBJO Reports to UN Global Compact
Milan: The World Jewellery Confederation (CIBJO) has formally reported to the UN Global Compact about activities and programmes that it undertook in support of the United Nations organization’s international mission over the two-year period that started in September 2022. Described as the world’s largest corporate sustainability and social responsibility initiative, with more than 20,000 business participants and other stakeholders in
IIJS Premiere ’24 Spurs Record 12 Bln.$ Business
Mumbai: One of the world’s largest gem & jewellery B2B shows – India International Jewellery Show (IIJS) Premiere 2024 organized by India’s apex trade body, The Gem & Jewellery Export Promotion Council (GJEPC) set a new staggering record by generating a staggering USD 12 billion of business over 6 days. Showcasing “Brilliant Bharat” theme this year, IIJS Premiere 2024 (the
Recognizing Young Talents in 40 Under 40
Mumbai: 40 Young and bright talents of the gem and jewellery industry were awarded at 40 under 40 in the 40th edition of IIJS PREMIERE. This was the second batch of 40 under 40. The initiative recognizes the outstanding achievements of these young talents who are revolutionizing the gem and jewellery landscape through technological innovations and dynamic visions. The Show
De Beers Called off its August Sight
Gaborone: In yet another sign of the diamond market’s troubles, De Beers has called off the sight it scheduled for August and is combining it with the one that had been planned for October. The new merged sight will take place Sept. 23-27. That means De Beers will have nine allocations this year instead of its traditional 10, though a
