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
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De Beers Forevermark Organized 10th Annual Forum
Mumbai: De Beers Forevermark held its 10th annual forum in Mumbai from 24th to 26th August 2021. Hosting a hybrid virtual and in person event, the diamond brand reached over 8 lac partners, diamantaires, manufacturers and patrons. This year’s theme ‘Make Life Brilliant’ reflects De Beers’ purpose and belief that its diamonds have the power to Make Life Brilliant for its customers, communities, and the
Hurry to Register: 16 Days to Go for IIJS Premiere
Mumbai: Registration for IIJS Premiere 2021, which is being held in Bengaluru for the first time, is in full swing. The registration process is completely online and the organizer Gem & Jewellery Export Promotion Council (GJEPC) requests all those eager participants and visitors to get themselves registered as there are only 16 days remaining for the commencement of the show.
GET-Diamonds to Exhibit at JCK, Las Vegas
Antwerp: GET-Diamonds, the B2B diamond trading site owned by the World Federation of Diamond Bourses (WFDB), will exhibit at the JCK Show in Las Vegas later this month. This is the first time that GET-Diamonds, which draws from the vast global network of the WFDB, will specifically target the U.S. market, especially retailers. The move is seen as an important
IIJS Premiere to Help Achieve G&J Export Target
New Delhi: The Gem & Jewellery Export Promotion Council (GJEPC) in association with World Gold Council (WGC), organised the IIJS Premiere 2021 roadshow at New Delhi. It witnessed the participation of leading jewellery Retailers , Manufacturers and trade associations from Delhi and neighbouring areas. IIJS Premiere 2021, one of Asia’s leading Gem & Jewellery trade exhibitions, will be held at
Gold Smuggling Arrests Jump 750% YoY in India
Mumbai, 14th April: While cases of gold smuggling in India have jumped 265% from 40 in 2012-13 to 146 in 2013-14, the number of people arrested has shot up by 750%, from 30 in 2012-13 to 255 in 2013-14, data from the Directorate of Revenue Intelligence shows, according to a report published in Mineweb. “Gold imports through the legal channel have
