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
Celebrate Valentine’s Day with Platinum Evara
Mumbai: With Valentine’s Day around the corner, dedicate this time of the year to celebrating self-love! True happiness always begins with loving yourself. So this month of love, be your own Valentine by gifting yourself a metal that is just as unique and rare as you are – precious platinum. Born from the stars, platinum is one of the rarest
G&J Industry Applauds the Union Budget
Mumbai: Gem & Jewellery Export Promotion Council (GJEPC) applauds the pro-reform and export growth-oriented budget by Hon. Finance Minister Smt. Nirmala Sitharaman under the visionary leadership of Hon’ble Prime Minister Shri Narendra Modi. The supreme trade body thanked Hon’ble Minister of Commerce & Industry Mr. Piyush Goyal for his continuous support and guidance to the industry. In the first Budget
Annual Gold Demand Soars to Decade High in 2022
Mumbai: The World Gold Council’s (WGC) latest Gold Demand Trends report reveals that annual gold demand (excluding OTC) in 2022 increased by 18% year-on-year, hitting 4,741t – the highest annual total since 2011. Boosted by a record fourth quarter, demand for gold was propelled by hefty central bank-buying and persistently strong retail investment. Annual central bank demand more than doubled
GJEPC’s 2023-24 Budget Recommendations
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has put forth a series of recommendations for the Union Budget 2023- 24 across verticals of gem and jewellery, to propel the exports from the current $40 billion levels to achieve the goal of $55 billion in exports in the next few years 5 Key Recommendations are as follows: Allow Sale
AGTA Bans LGDs, Gemstones at GemFair
Dallas: The American Gem Trade Association (AGTA) announced that, starting at Tucson next year, exhibitors will not be allowed to sell lab-grown diamonds or colored gemstones at the AGTA GemFair. National Jeweler received a news release on AGTA’s decision via email Wednesday morning. The release also was posted on the AGTA website, though it had been removed by Wednesday evening. AGTA
Ari Epstein Resignes as CEO of AWDC
Antwerp: Ari Epstein has resigned as CEO of the Antwerp World Diamond Centre (AWDC) after 13 years in the position, the trade body announced Thursday. AWDC declined to comment on why he’s stepping down or when it would appoint a successor. “This marks the end of an era of visionary leadership and significant contributions to not only our company but
Gargi by PNGS Spreads Nationwide
Pune: Gargi by P N Gadgil & Sons (PNGS), a distinguished name in the fashion jewellery realm, strategically launched Gargi Shop-in-Shop (S-I-S) at Shoppers Stop in three key locations across India in just a week. This strategic expansion marks Gargi’s entry into Chennai (Tamil Nadu), Shillong (Meghalaya), and Kanpur (Uttar Pradesh), further solidifying its footprint in the Indian fashion landscape.
BDB Hosts Lunch Meeting with Geoffrey Boycott
Mumbai: The Bharat Diamond Bourse (BDB) hosted an exclusive luncheon and conversation event featuring two distinguished guests: the legendary cricketer Sir Geoffrey Boycott and Mr. Harjinder Kang, UK Deputy High Commissioner for Western India &Trade Commissioner for South Asia. The event, held on 8th April, brought together esteemed figures from both the cricketing and business worlds to discuss the interplay
