We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
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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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Rajesh Exports Reports Strong Orders, 40% Net Cash
Bengaluru: (By Evaluate Research) : Rajesh Exports reported positive growth in net profit on a QoQ and YoY basis despite a blip in revenues due to a global economic slowdown and a higher gold price. Revenues for the fiscal third quarter [ended December] came in at Rs.406 bn, down 8% on a YoY basis. However, the strategy to focus on the sale of high margin products
Imitation Jewellery Park Proposed near Noida
Mumbai: Mr. Pramod Kumar Agrawal, Chairman of India’s Gem & Jewellery Export Promotion Council (GJEPC) today revealed that an ultra modern Imitation Jewellery Park near Noida, New Delhi is proposed. “The Government of India is keen to increase the necessary infrastructure to give boost to the gems and jewellery industry which is at this stage reeling under slowdown. It has
13th Edition of IIJS SIGNATURE Commences
18,000 VISITORS FROM 325 INDIAN CITIES & 55 COUNTRIES EXPECTED TO ACCESS 700+ EXHIBITORS & 1,300 BOOTHS 7th IGJME – ASIA’S LARGEST – EXHIBITS LATEST IN G&J TECHNOLOGY Mumbai: Furthering India’s jewellery legacy! The Gem & Jewellery Export Promotion Council (GJEPC) presented the global trade with two wonderful opportunities to commence the Year’s buying season with the 13th edition of
GIA India Offers Fee Waivers During IIJS Signature
Mumbai: Aspiring students who wish to embark on a career in the gem and jewellery industry can now take advantage of GIA India’s special fee waivers during IIJS Signature 2020. GIA India is offering fee waivers for its education programmes in Mumbai, Surat and New Delhi. This fee waiver is applicable from Feb. 10 to Feb. 21, 2020, for the Institute’s diploma and certificate
AGL Celebrates Five Years under New Management
New York, 15th April: American Gemological Laboratories (AGL), a provider of high-quality gemstone analysis and reporting is celebrating its five-year anniversary under the stewardship of Christopher P. Smith. “Five years ago, AGL was re-privatized during one of the most difficult periods the US and world financial markets have experienced in recent decades. AGL, however, had a good reputation and we did
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
