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
Top News
Eminent Jury for Artisan Awards 2023
Mumbai: The second round of Artisan Awards 2023 that ensued recently, was on actual bejewelled pieces based on design replicability and category relevance. The theme was India Moderne, divided into 3 sub-categories – Abstraction, Print, and Sculpture. The first round was on the technical screening of the illustrated designs. 28 jewellery designs were up for evaluation, of which 10 were from
2nd IGJS Buyer-Seller Meet Inaugurated in Jaipur
Jaipur: The unveiling of the second edition of International Gem & Jewellery Show’s (IGJS) Jaipur Buyer Seller Meet was marked with a grand opening in the August presence of the Chief guest Mr. Sugrive Meena, Commissioner, Customs, Jaipur. From India’s Gem & Jewellery Export Promotion Council (GJEPC) leadership team Kirit Bhansali, Vice Chairman, Nirmal Bardiya, Regional Chairman Rajasthan, Krishna Behari
Hallmark: More Time Given to Jewellers
New Delhi: A day ahead of the sale of gold jewellery having mandatory hallmarking with six-digit alphanumeric HUID coming into force, the government on Friday gave another three months time till June-end to 16,000-odd jewellers to sell the “declared” old hallmarked gold jewellery stock that existed prior to July 2021. A gazette notification in this regard has been issued by
Largest Israel Diamond Exhibition Ever Opens
Ramat Gan: The 10th Israel Diamond Exhibition 2023 opened on 28th March to a record number of participants: 450 buyers from over 40 countries, on the trading floor of the Israel Diamond Exchange (IDE). This is the first Israel Diamond Exhibition since 2020. The opening ceremony held in the Rough Trading Hall of the IDE featured greetings by IDE President
First Sustainable Pearls Forum Talks Held
Hong Kong: The Sustainable Pearls Forum took place June 20th in Hong Kong, bringing pearl industry leaders around a table to discuss the importance of sustainability to cultured pearls. This event included companies such as Paspaley, Robert Wan, Jewelmer, Tiffany & Co. and Mikimoto. The Forum highlighted the potential of pearls as pioneers of sustainability in the jewellery industry and
Indian Companies Shine at 2014 JNA Awards
Hong Kong, 12th Sep: The 2014 JNA Awards has recognized a number of India-based companies for their contribution to the global jewellery and gemstone industry. JNA has named Anoop Mehta, president of the Bharat Diamond Bourse (BDB), as recipient of the Lifetime Achievement Award – the most prestigious honour conferred by JNA – while five of India’s major diamond manufacturers
Multibank is First Fin. Inst. to Secure Office in PGJC
Panama: Panama’s Multibank has become the first financial institution to secure office space in the Phase I building of the Panama Gem & Jewelry Center (PGJC). Providing a range of banking products and services, the Panama City-headquartered bank also has operations in Costa Rica and Colombia, a representative office in Peru, and is the main company in the Multi Financial
NCDIA Elects New President, Board
New York: The Natural Color Diamond Association (NCDIA) has elected new officers and a new board. Jordan Fine, JFine, will serve as group president; Alan Bronstein, Aurora Gems, will serve as vice president; Breanne Wittrock, Gunderson’s, will also serve as vice president; and Jeffrey Post, Gem Platinum, will serve as secretary/treasurer. Also on the board are David Shara, Optimum Diamonds;
