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
WDC Calls to Enhance Transparency
Dubai: With 2024 being declared the “Year of Delivery” by the Chair of the Kimberley Process (KP), World Diamond Council (WDC) President Feriel Zerouki reminded delegates of the KP Intersessional meeting in Dubai that Participants can choose to apply best practice over and above the minimum requirements of the KP, in this instance, listing the countries of mining origin on
Platinum Jewellery for Akshay Tritiya this Year
Mumbai: Celebrated as one of the most auspicious occasions in Hindu culture, Akshay Tritiya marks a day of new beginnings, prosperity, and good fortune. It symbolizes the onset of new endeavours, prosperity and unending blessings. This year, the festival will be celebrated on May 10th2024. As the celebrations around Akshay Tritiya evolve, the significance of purchasing ‘true white’ continues to hold great
Best Diamond Moments from 2024 Met Gala
Mumbai: As the first Monday in May approached, the highly anticipated 2024 Met Gala finally arrived; A-list celebrities gathered for the pinnacle of fashion and elegance, strutting down the -this time- green carpet, adorned with the most exquisite natural-diamond jewellery. With each step up the grand staircase of the Metropolitan Museum of Art, they redefined glamour and sophistication, making this
Gargi by PNGS Records 76.07% Surge in Sales
Pune: PNGS Gargi Fashion Jewellery Ltd. (Gargi), a leading name in the fashion jewelry industry, has clocked a stellar financial performance for the financial year from April 2023 to March 2024. It has reported a substantial increase in annual sales, up 76.07% to Rs 50.48 crore, compared to Rs 28.67 crore in the preceding year. Looking at the full-year performance,
