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
Interpol Withdraws Red Notice Against Mehul Choksi
London: The removal of fugitive diamantaire Mehul Choksi’s name from the Interpol database of Red Notices has drawn condemnation from the Opposition parties in India, while the Central Bureau of Investigation (CBI) has sought the restoration of the notice. Mehul Choksi is the owner of Gitanjali Group, a jewellery firm with 4,000 stores in India. He, along with his nephew
IDMA's 40th Congress to kick off on March 28
Antwerp: The International Diamond Manufacturers Association (IDMA) will kick off its 40th Congress with a “Conversations with Industry Leaders” happening on the afternoon of March 28 at the D-Mall, adjacent to the Maccabi Building of the Israel Diamond Exchange complex. The panel discussion sessions will run from 13:00 to 17:00 hours on March 28. They will include conversations about the
DMIA Held its First ‘Meet & Greet'
New York: The Diamond Manufacturers and Importers Association of America (DMIA) held its first annual member “meet-and-greet-and inform” cocktail reception on Wednesday, March 15, 2023. A well-attended DMIA membership meeting followed the reception. DMIA had invited representatives of GIA (the Gemological Institute of America), the Natural Diamond Council (NDC), the International Gemological Institute (IGI), De Beers, and the U.S. Department
PNG Jewellers Signs Madhuri Dixit as Brand Ambassador
Mumbai: PNG Jewellers, announced the signing of Madhuri Dixit as its brand ambassador for the next two years. Madhuri Dixit, the renowned Bollywood actress, known for her elegance and grace, will represent the brand globally and across India. Madhuri was previously the brand ambassador for PNG Jewellers for a two year period. PNG Jewellers has been crafting exquisite jewellery for
NDC Announces the Latest Jewellery Trends
Mumbai: The Natural Diamond Council (NDC) unveiled a fresh perspective on luxury with the announcement of the latest jewellery trends for 2024. While the word ‘Trend’ when applied to natural diamond jewellery is paradoxical due to its inherent timelessness, what remains true in fashion is the preference for every silhouette and style sees a cyclical pattern; what is in vogue
AEO Status Extended to Gem & Jewellery Sector
New Delhi: The Gem & Jewellery Export Promotion Council (GJEPC) has announced a significant milestone for the gem and jewellery industry in India. Following extensive efforts by the GJEPC in collaboration with the Ministry of Finance, the Authorized Economic Operator (AEO) status is now being extended to the gem and jewellery sector. The AEO programe was introduced as piolet project
5th ‘CARATS’ Show from 12th July
Surat: Surat Diamond Association is all set to host the highly anticipated 5th edition of CARATS Surat Diamond Expo. The exhibition is organized by Surat Diamond Association (SDA), a non profit organization on a mission to expand the diamond industry in Surat by giving it exposure to the Indian and overseas markets. In an event that promises to sparkle with
Transition Period for Revised SoW Ends Soon
New York: The World Diamond Council’s (WDC) revised System of Warranties is set to reach its first critical deadline on September 21, 2024, when it becomes obligatory for all rough diamond sales. The global mechanism created by the organization helps companies provide assurance that the goods they are trading are in alignment with the Kimberley Process Certification Scheme (KPCS), by
