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
IDMA, WDC Call to Help Indian Diamond Workers
Antwerp: The International Diamond Manufacturers Association (IDMA) and the World Diamond Council (WDC) have issued a joint call to members of the diamond industry and trade, urging them to join in contributing to the Gem & Jewellery National Relief Foundation (GJNRF), which will be used to provide food packages to the families of COVID-infected workers in the diamond cutting and
India's Gold Demand Grew 37% in Q1: WGC
Mumbai: India’s Q1 demand for gold grew 37% to 140 tonnes compared to Q1 2020 (102 tonnes) buoyed by factors such as lower gold prices and the countrywide vaccination drive, according to the World Gold Council’s (WGC’s) latest Gold Demand Trends report. During January to March 2021, total gold jewellery demand in India was up by 39% at 102.5 tonnes as compared
GJC Opposes Present Form of Hallmarking
Mumbai: All India Gem & Jewellery Domestic Council (GJC), the national apex body of the gems and jewellery industry, has written to the Department of Consumer Affairs under the Union Ministry of Consumer Affairs, Food & Public Distribution that in its present form, mandatory hallmarking (which is supposed to become enforced by June 2021) doesn’t give consumers the freedom of right to
Indian G&J Ind. Strongly Supports Fight Covid-19
Mumbai: In wake of the Covid-19 pandemic, almost all countries, including ours, are still grappling with the subsequent second and the third waves of the deadly pandemic. Last year, during the first 45-day lockdown, India’s Gem & Jewellery Export Promotion Council (GJEPC), in an endeavour to manage the situation, contributed Rs. 21 crore to PM CARES Fund to support
De Beers Partners with Cricketer Abhishek Sharma
De Beers Group, the world’s leading diamond company has announced its association with Indian cricketer Abhishek Sharma to celebrate natural diamonds in India, bringing together two forces defined by character, authenticity and enduring excellence. Abhishek Sharma has emerged as one of the most exciting voices in Indian cricket, known for his fearless style of play and strong personal identity. His
Risk of Deception while Buying Diamond Jewellery
Antwerp: During a public event today at Antwerpen-Centraal railway station, the diamond industry body Antwerp World Diamond Centre (AWDC) raised awareness among passers-by about the risk of deception by jewelers when purchasing diamond jewelry. A lack of consumer knowledge about the difference between natural and synthetic diamonds makes them vulnerable to malpractice. During the initiative, passers-by could have their diamond
GJEPC Organized IJEX FAM Programme
Dubai: The five-day Familiarization (FAM) Program by GJEPC’s India Jewellery Exposition Centre (IJEX), Dubai, provided Indian jewellery exporters with comprehensive insights into the Middle East market, focusing on regional dynamics, consumer preferences, and retail environments across the UAE. The 6th batch of the IJEX FAM Programme, initiated and facilitated under GJEPC’s Export Mentorship Programme (EMP), delivered a structured five-day immersion
Augmont Launches SPOT 2.0 for Efficient Business
Mumbai: Augmont, India’s Gold Platform has announced the launch of SPOT 2.0 — an improved trading platform application that consolidates every Augmont product and service into a single, secure, and intuitive interface. Designed specifically for jewellers, manufacturers, and retail customers, SPOT 2.0 replaces the fragmentation of multiple tools under a unified platform that puts the entire bullion trading ecosystem offered by Augmont
