We Wish to Build Globally Relevant SKY Gold: Akash Talesara
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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
Top News
Sara Ali Khan Appointed as Brand Ambassador of TBZ
Mumbai: The up-coming young Bollywood actress Sara unites with the most iconic jewellery brand to introduce highly stylish and affordable collections for today’s modern woman! India’s most trusted and well-known jewellery brand – TBZ-The Original (Tribhovandas Bhimji Zaveri Limited or TBZ Ltd.) has signed the actress Sara Ali Khan as the official Brand Ambassador, to be the face of the
Akshay Tritiya Sales Encouraging
Mumbai: Gold purchases are an inseparable part of Akshay Tritiya celebrations for millions of Indians as a sign of prosperity, and it is also a window to the start of seasonal buying. The festive sentiment amongst both trade and consumers appears to be stronger this year. Mr. Somasundaran PR, MD, World Gold Council (India) says, “A favourable price offers a
SSEF Performs 1st Radiocarbon Age-Dating Procedure
Basel: The Swiss Gemmological Institute SSEF has successfully age-dated the historic ‘Ana Maria Pearl’ using carbon-14 (14C). This is the first time such a procedure has been conducted on a historic natural pearl, to provide valuable and new information on the age of a gem. The Ana Maria pearl is due to be offered at Christie’s Geneva as lot 264
GJSCI and WJA to Organise ‘Design Connect’
Mumbai: The Gem & Jewellery Skill Council of India (GJSCI), in conjunction with Women’s Jewellery Association (WJA) – India Chapter, has announced that it will organise ‘Design Connect’, a one-day event for jewellery designers to help connect and collaborate with manufacturers and retailers, at Hotel Sahara Star, Mumbai, on 26th June, 2019. The event will begin with a panel discussion
Antwerp Hosts WDC and KP Chair
Antwerp: The Antwerp World Diamond Centre (AWDC) welcomed the Kimberley Process (KP) Chair, His Excellency Wei Chuanzhong, Vice-Chair Bernardo Campos and the Mr. Edward Asscher, President of the World Diamond Council (WDC) for the purpose of renewing the Memorandum of Understanding (MoU) on the KP Administrative Support Mechanism (ASM). In 2012, the KP Plenary designated the World Diamond Council through
Barclays Fined $44 Million over Gold Fix
London: British authorities have fined Barclays, one of five banks that sets the price of gold each day in the London fix, nearly $44 million after a former trader improperly influenced the price-setting mechanism, reports jckonline.com. The British Financial Conduct Authority said that, in 2012, Daniel James Plunkett, a director on the bank’s precious metals desk, placed certain orders meant
GJF Announces Day-Long Interactive Workshop ‘Labham’
Mumbai: The All India Gems and Jewellery Trade Federation (GJF) and all major G&J Trade Associations, has announced the first-ever educational ‘Labham’ programme on 1st June 2014 in Rajkot onwards for all jewellers, manufacturers, traders and other constituents of the G&J businesses in and around Rajkot. It will be held in Chennai on 10th June and in New Delhi on
Gold Prices May Decline to Rs 24,000 by Diwali
Mumbai: Following the Reserve Bank easing the 20:80 gold import norms, India Bullion & Jewellers Association (IBJA) said gold prices are likely to fall to Rs 23,000-24,000 per 10 grams by Diwali as it also expects the Customs duty reduction in the forthcoming Budget, reports The Freepress Journal. “RBI’s easing of 20:80 gold import norms is positive for the gems
