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
Platinum Days of Love Launches New Campaign
Mumbai: 2020 has been a year like none other! And all the challenges of it, put love to the test. While for some, being locked in with their loved ones, presented its own troubles, others had to put their relationship through the test of a long-distance separation and patiently wait to be together again. The hurdles that love has had
Israel Diamond Exchange & Bahrain Bourse Sign MOU
Ramat Gan: The Bahraini Minister of Industry, Commerce and Tourism Mr. Zayed R. Alzayani, the CEO of the Bahrain Bourse Sheikh Khalifa bin Ebrahim Al-Khalifa and other high level government officials visited the Israel Diamond Exchange (IDE) yesterday to sign a Memorandum of Understanding (MOU) between the IDE and the Bahrain Bourse. This agreement comes after another historic event that
Technological Transformation of Col. Gemstone Trade
Milan: Among the various sectors of which the jewellery trade is comprised, companies handling coloured gemstones have faced some of the most daunting of challenges. Although their products are wildly popular among consumers, they have been hamstrung by a number of elements. These include a vast and complex supply chain, where almost all of the mining companies, lapidaries and wholesalers
DMCC Opens Representative Office in IDE
Ramat Gan: The Dubai Multi-Commodities Centre (DMCC) officially opened its new representative office yesterday in the Israel Diamond Exchange (IDE) complex in Ramat Gan. To open the office were DMCC Executive Chairman and Chairman of the Dubai Diamond Exchange Ahmed Bin Sulayem and DMCC Special Adviser Martin Leake, who both arrived on the first regularly scheduled flight from the UAE
Silver Price to be Set by New System
London: The London silver price mechanism will now be set via an electronic, auction-based mechanism administrated by CME Group and Thomson Reuters, according to a statement from the London Bullion Market Association. The new mechanism was chosen because it is electronic, “auction-based and auditable and tradable with an increased number of direct participants,” the LBMA said in a statement. CME
De Beers Boosts Q2 Diamond Output
Gaborone: De Beers increased its output 7 percent year on year to 8.515 million carats in the second quarter of the year. The group was targeting an output of between 30 million and 32 million carats this year. Anglo American, which owns 85 percent of the diamond group, said in a statement that the increase was mainly due to higher
GJEPC Launches 'Jewellers for Hope' Campaign
Mumbai: For the first time, the Gems and Jewellery Export Promotion Council (GJEPC) has initiated its first edition of ‘Jewellers for Hope’ campaign, a CSR activity with an objective to build a CSR fund that will be used to support various social causes. A charity dinner has been hosted by the GJEPC in Mumbai’s Grand Hyatt on Friday for the
Sonam Kapoor Walks on Ramp to End IIJW
Mumbai: The 5th edition of 4-day India International Jewellery Week (IIJW) ended with a grand finale wherein Best of the Best Collections were displayed by gorgeous models. The ramp was set on fire when Brand Ambassador of Gem & Jewellery Export Promotion Council (GJEPC) and cute Bollywood actress Sonam Kapoor walked at the grand finale of the IIJW 2014 held
