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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IDMA to Hold 40th Congress from March 28-30
Antwerp: “The International Diamond Manufacturers Association (IDMA) announced it will hold its 40th Congress March 28-30, at the beachside Tel Aviv Carlton hotel in Israel. Contrary to earlier World Diamond Congresses, IDMA and its sister organization, the World Diamond Federation of Diamond Bourses (WFDB), will not hold what was to be the 40th edition of the World Diamond Congress together.
Grant of Rs. 242 Cr to IIT Madras for LGD Research
New Delhi: Indian Institute of Technology Madras (IIT Madras) will be provided a grant of ₹242 crore over a period of five years to undertake research on Lab-Grown Diamonds (LGD). This research will be focused on driving indigenisation of the LGD manufacturing process. Presenting the Budget 2023 on 1st February 2023, Smt. Nirmala Sitharaman, Hon’ble Finance Minister, Government of India,
Augmont Gold For All Honoured by India Book of Records
Mumbai: India’s Gold Platform, run by Augmont Gold For All, recently announced that they were honoured by the India Book of Records for creating the Thinnest Gold coin. The 24 Karat – 999 pure hallmarked Gold coin measured less than 1 mm, which is as thin as foil paper with a weight of 100 mg and a diameter of 2.2 cm. India Book of
FCRF: Fancy Color Diamonds Outperform Main Markets
New York: The Fancy Color Research Foundation (FCRF) today announced the results of the Q4 and full year 2022 Fancy Color Diamond Index (FCDI). The average price of all colors and sizes of fancy color diamonds climbed by 3.9% in 2022, led by a 4.6% increase in all Yellows and followed by a 3.9% rise in Pinks and 1.8% in
Global Diamond Jewellery Sales Hit $79 Billion
Gaborone: Global diamond jewelry sales hit a record $79 billion in 2013, as the market faces a coming rough shortage, according to De Beers’ inaugural Diamond Insight Report. The report said that U.S. sales rose 7 percent last year, while sales in India and China grew 12 percent. According to the report, one in six U.S. diamond jewelry sales were
Antwerp Diamond Trade Fair on February 1-3, 2015
Antwerp: Diamond buying jewellers visiting the Antwerp Diamond Trade Fair (ADTF) will get a genuine taste of the unequaled variety of diamonds that the Antwerp diamond market has to offer, says Ari Epstein, the CEO of the Antwerp World Diamond Centre (AWDC), which is the chief sponsor of the Fair. “Antwerp is the world’s leading diamond trading centre. However, my
Zimbabwe’s VP Lashes out at India’s Surat
Harare: Zimbabwe’s often reserved vice president Joyce Mujuru has sparked a potential diplomatic spat following her weekend tongue-in-cheek comment over India’s Surat. Surat, a city in the Indian state of Gujarat, was considered the world’s biggest diamond cutting and polishing centre. She was quoted in the local press as having said that India had “built a whole town” from smuggled
Winners Take Home Trophies at 2014 JNA Awards
Hong Kong: Anoop Mehta of the Bharat Diamond Bourse (BDB) and Ahmed Bin Sulayem of the Dubai Multi Commodities Centre (DMCC) – exceptional and inspiring leaders who are making an incredible impact in the gemstone and jewellery industry – led this year’s crop of 20 JNA Awards recipients. The awardees were feted in a spectacular ceremony and gala dinner that
