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
IDE Opens “Stand With Israel” Sales Event
New York: The Israel Diamond Exchange (IDE) opened the special sales event “STAND WITH ISRAEL” recently at the New York Diamond Dealers Club. The event was from No held vember 27 – 30, 2023, on the trading floor of the DDC, with the participation of 25 leading diamond companies from Israel. The event was opened by Israel Diamond Exchange President
Varda Shine is Interim Chair of Petra Diamonds
Lndon: Petra Diamonds has appointed Varda Shine, Senior Independent Director, as Chair of Petra with effect from the conclusion of its Annual General Meeting in mid-November. The previous Chairman Peter Hill CBE retired from the Board and decided not to offer himself for re-election. Shine, who has been a Non-Executive Director of Petra since 2018, will serve as the interim
BSM Brasil on 14-15th May 2024
Sao Paulo, Brasil: Brasil already has a date for its next edition in the city of Sao Paulo, the largest economy in Latin America. The event takes place on May 14th and 15th, 2024 at the Marriott Renaissance Hotel with the expectation of maintaining the quality of Brazilian retail and wholesale visitors, adding businesspeople from other regions of South and
Mr. Kirtilal Doshi Passes Away at 101
Mumbai: Mr. Kirtilal K. Doshi, former chairman of the Gem & Jewellery Promotion Council (GJEPC), Founding Chairman of the Gemmological Institute of India (GII), and a visionary leader of the Indian gem and jewellery industry, passed away peacefully in Mumbai on 20th November, 2023 at the age of 101. Mr. Doshi was a man of many achievements and contributions to
Registration for CIBJO Congress 2024 Opens
Milan: Registration for the 2024 congress of the World Jewellery Confederation (CIBJO) is now open. Delegates and other participants may register for the congress via a dedicated congress website located at: www.cibjo.org/congress-2024/. CIBJO’s 2023 annual congress will take place in Shanghai, China’s financial centre and the gateway to what is today the world’s largest jewellery market, from November 2 to
DGFT Revises Wastage Norms for G&J Exports
Mumbai: On behalf of the industry, the Gem & Jewellery Export Promotion Council (GJEPC) extends its heartfelt appreciation to the Directorate General of Foreign Trade (DGFT), Ministry of Commerce & Industry for their recent decision to put in abeyance the changes in maximum permissible wastage norms for gold, platinum, and silver content in jewellery exports. In a virtual meeting called
IIJS Prime Assure Sets New Record
Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) has announced the successful closure of stall applications for IIJS Prime Assure. An impressive 2200+ companies have applied for over 14,500 stalls. Mr. Vipul Shah, Chairman of GJEPC, expressed his gratitude, saying, “We extend our heartfelt thanks to our members for their steadfast support! The overwhelming response highlights the trust and
AWDC Pleas for Multiple Rough Verification Points outside EU
Antwerp: The spokesperson of Antwerp World Diamond Centre (AWDC) has issued a statement as below: “We strive for a transparent and sustainable diamond industry worldwide and we put the utmost importance to the highest ethical standards. This has been our position for years and will be for a long time to come, it is inherently linked to our DNA. We
