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
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GJEPC’s 1st Plain Gold Jewellery VBSM Kickstarts
Mumbai: India’s Gem and Jewellery Export Promotion Council (GJEPC) kickstarted its first Plain Gold Jewellery Virtual Buyer Seller Meet (VBSM) on 21st September, which follows closely on the heels of the successfully held inaugural VBSM for Loose Diamonds during early September. The event was inaugurated by Mr. Suresh Kumar, Joint Secretary, Ministry of Commerce & Industry in the presence of
Virtual Store Launch by Malabar Gold Today
Mumbai: Malabar Gold & Diamonds, one of the largest gold and diamond retail chains in the country, will inaugurate its first store in Patna in Bihar through a unique virtual store launch event on September 19, 2020. Brand ambassador Bollywood actor Anil Kapoor and Malabar Group Chairman M P Ahammed will grace the first-of-its-kind virtual store inauguration event which will
Israel & Dubai Diamond Exchanges Sign Accord
Ramat Gan: In the wake of the agreement to normalize relations between Israel and the United Arab Emirates, the Israel and Dubai diamond exchanges have signed a strategic agreement of collaboration to promote cooperation and dialogue between the two bourses. The signing ceremony took place this morning in a video conference between the two bourses. As part of the agreement,
Rajesh Exports Achieves +14% Sales Growth
Bengaluru: By Evaluate Research: Rajesh Exports reported resilient growth in revenues, ahead of our expectations, on a YoY basis despite a global economic slowdown and a higher gold price. Revenues for the fiscal first quarter [ended June] came in at Rs.461 bn, up 14% on a YoY basis. The rising price of gold in the international market was the primary
GJEPC Urges Finance Minister for Urgent Relief
New Delhi: India’s Gem & Jewellery Export Promotion Council (GJEPC) leadership, led by Chairman Mr. Kirit Bhansali, along with Vice Chairman Mr. Shaunak Parikh and Executive Director Mr. Sabyasachi Ray, met the Hon’ble Minister of Finance and Corporate Affairs Smt. Nirmala Sitharaman recently to seek urgent relief measures for the gem and jewellery sector, which has been severely impacted by
BDB Leadership Series Discusses Future of G&J Sector
Mumbai: The second edition of the Bharat Diamond Bourse (BDB) Leadership Series themed ‘Polishing Our Future’ concluded successfully with world renowned speakers attending the preparatory conference for the Gem and Jewellery Industry members. This was the third day of the three-day conference, the first two days dedicated to presentation of research papers by globally acclaimed scientists under the AGDRT (Advances
Forevermark Diamond Jewellery Launched in India
New Delhi: Forevermark Diamond Jewellery from De Beers Group, the world’s leading diamond company, officially launched as a jewellery brand yesterday. India becomes the lead market for the Forevermark brand with a landmark brand debut and flagship store opening in New Delhi. The opening of the flagship New Delhi store marks a significant milestone in Forevermark’s journey of bringing its
0% U.S. Import Tariff for EU-Polished Diamonds
Antwerp: Thanks to intensive negotiations, the Antwerp World Diamond Centre (AWDC), the umbrella organization for the Antwerp diamond industry, has succeeded in securing a zero percent import tariff for natural polished diamonds under the trade agreement between the European Commission and the United States. This exemption is part of a U.S. executive order, effective retroactively as of Monday, September 1,
