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
IIJS Signature 2023 Extended to 5-Day Show
Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) announced that IIJS Signature 2023 has been extended to a five-day show format owing to the popular demand from participants and the gem & jewellery trade at large. IIJS Signature will be almost double in size compared with IIJS Signature 2022, with more than 2500 stalls and it is estimated that more than 1300 exhibitors will participate. The
Forevermark Partners with Aisshpra
Gorakhpur: De Beers Forevermark entered into a partnership with Aisshpra Gems & Jewels for its debut in the northern city of Gorakhpur, Uttar Pradesh. Actress Mouni Roy graced the occasion wearing Forevermark diamond jewellery. The exclusive De Beers Forevermark collections were launched by Atul Saraf, Chairman, Aisshpra, and Anoop Saraf, Director Aisshpra; in the presence of Amit Pratihari, General Manager,
Further Announcement about COA by GJEPC
Mumbai: GJEPC, the apex body of the gem & jewellery trade, recently elected its new Board of Committee of Administration (COA) members for the tenure of 2022 to 2024. Mr. Vipul Shah is the new Chairman of GJEPC, and Mr. Kirit Bhansali is the new Vice Chairman. With headquarters in Mumbai, GJEPC has Regional Offices in New Delhi, Kolkata, Chennai, Surat and Jaipur, all of which
Lily James is the New Ambassador of NDC
Mumbai: The Natural Diamond Council (NDC) announces the imminent launch of its global advertising campaign with the sentiment: “To Treasure, Now and Forever” featuring the freshly appointed British actor, Lily James to Global Ambassador. Ms. James has had a diversified, international acting career and has won many hearts with her starring roles in Cinderella and Downton Abbey. She is a
JCK Show to Remain a Four-Day Format
Las Vegas: JCK Las Vegas will continue as a four-day show, according to an announcement sent out to exhibitors. “While some customers had expressed a desire for JCK to extend to five days, the research simply did not indicate enough interest to justify a fifth day and the costs associated with an extra day,” said a note sent out to
De Beers Sending AMS Machines to Sightholders
Gaborone: Jonathan Kendall, President of De Beers’ International Institute of Diamond Grading & Research (IIDGR), said the Automated Melee Screening (AMS) instrument is being dispatched to Sightholders across the globe. The first installation and training sessions successfully took place at the end of June with Tasaki and Rosy Blue in Japan. “The focus has now shifted to installing the AMS
Antwerp Diamond Trade Fair in February 2015
Antwerp: The organizers of the Antwerp Diamond Trade Fair (ADTF) announced the 2015 dates of this unique by-invitation-only international loose diamond trade show. The sixth edition of the ADTF will open its doors on Sunday, February 1st, and close on Tuesday, February 3. The ADTF’s dates are in sync with those of other prestigious jewellery industry events in the region
Angola Sets 10M Carat Output Target in 2014
Luanda: Angola, the fourth-largest diamond producer in the world, aims to ramp up production this year, setting itself an output target of 10 million carats. “This year we have an ambitious target of 9.5 million carats in production and 550,000 carats in artisanal production, which means we have to produce 10 million carats,” said Angola Geology and Mining Minister Francisco
