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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GJC Complains EC about Enforcement Agencies
Mumbai: With the code of conduct in place, the jewellery sector in India has become one of the soft targets of the law enforcement agencies. Despite having all the necessary documents and papers, seizure and daily obstacles in the movement of jewellery has become a new norm in the jewellery business across the country. In one such incident, the local
CIBJO Congress from 18th Nov in Bahrain
Milan: CIBJO, the World Jewellery Confederation, will hold its 2019 annual congress in Manama, the capital of the Kingdom of Bahrain, from November 18 to November 20. Pre-congress meetings will be held November 16 and 17, and the congress will follow the World Pearl Forum, which is due to take place on November 14 and 15. The CIBJO Annual Congress
WHP Jewellers Partners with Forevermark in Mumbai
Mumbai: Waman Hari Pethe (WHP) Jewellers has partnered with Forevermark, the diamond brand from the De Beers Group, by launching the brand at its store in Mumbai. Forevermark diamonds are the world’s most carefully selected diamonds while WHP Jewellers personifies heritage with quality jewellery and astonishing designs. The synergy of these two brands has brought about an ideal collaboration to
Advertisements for LGDs must be Crystal Clear: FTC
Mumbai: The U.S. Federal Trade Commission (FTC) which investigates allegations of misleading advertises made it clear on April 2, that it has sent warning letters to eight companies, including Diamond Foundry, insisting that they distinguish in advertisements between diamonds that come from mines and those made in laboratories, reports Reuters. According to the report, The Diamond Producers Association (DPA),
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
CIBJO and Fairtrade International Sign MOU
Moscow, 23rd May: CIBJO and Fairtrade International have signed a Memorandum of Understanding according to which Fairtrade commits to working with CIBJO and its member organizations to improving certified Fairtrade gold supplies to the jewellery markets and members of CIBJO-associated organisations, and CIBJO commits to facilitating and encouraging its members to adopt and integrate fairtrade gold and metals into their
RBI Allows Private Agencies to Import Gold
Mumbai: The Reserve Bank of India (RBI) yesterday eased tough gold import rules by permitting seven more private agencies to import the yellow metal. It is a measure that industry officials say could increase supplies and reduce premiums in the peak wedding season. Gold imports by India, the world’s No. 2 bullion consumer after China, could quickly rise from current
