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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De Beers' Revenue Grows in 2018
London: Anglo American said De Beers’ revenue leaped 4% to $6.1 billion in 2018 compared with $5.8 billion, a year earlier. The diversified mining group, which has an 85% stake in De Beers, said rough diamond sales also increased by 4% to $5.4 billion against $5.2 billion in 2017, driven by improved overall consumer demand for diamond jewellery and a 1%
AWDC to Promote its Diamond Trade in Mexico
Antwerp: The Antwerp World Diamond Centre (AWDC), the umbrella organization for the Antwerp diamond industry, from 16 to 20 February 2019 will participate in the Royal Mission to Mexico. Currently, Mexico mainly imports polished diamonds from the United States. This Royal Mission is therefore the ideal opportunity to promote the Antwerp diamond trade in Mexico and to ensure that Mexican
Industry Leaders Pay Tribute to Pulwama Martyrs
Mumbai: Indian Leaders of G&J Industry recently gathered in the premises of the Bharat Diamond Bourse (BDB) to express their solidarity with the CRPF soldiers who were massacred in Kashmir’s Pulwama by a handful of terrorists. It is known that in barbaric act of terror on CRPF convoy in the Kashmir Valley over 40 CRPF personnel had martyred on Thursday,
Bibhu Showcases New Forevermark Collection
New York: Celebrating their on-going association with leading New York-based fashion designer Bibhu Mohapatra; Forevermark, the diamond brand from De Beers Group mesmerised on the runway as the designer showcased his new collection during New York Fashion Week. In collaboration with Narayan Jewellers by Ketan & Jatin Chokshi, Forevermark provided an assortment of beautiful, rare and responsibly sourced diamond jewellery
GJEPC Flays Surat Diamantaires on Bourse Plan
Mumbai, 22nd May: The Gems and Jewellery Export Promotion Council (GJEPC), of India has criticized the move by some diamantaires in Surat to shift their Mumbai operations to the proposed Surat Diamond Bourse (SDB) in Surat, reports The Times of India. GJEPC chairman Vipul Shah said, “It is not the prerogative of 50 diamantaires to decide and win over others
India Raises Import Tariff Value of Gold, Silver
Mumbai: India has raised its import tariff value of gold and silver on Wednesday. Indian government has trimmed its import tariff value of gold from $421 per ten grams to $431 per 10 grams and silver from $644 per kilo gram to $ 646 per kilo gram, said the ministry of finance. Import tariff value is the base price on which
Zimbabwe Diamond Output, Sales Dipped in 2013
Harare: Zimbabwe’s diamond output declined 26.1 percent to 8.9 million carats last year, according to Equity Communications, reports Rough&Polished. The Harare-based research company said in a statement emailed told Rough&Polished that Zimbabwe was the only “major” diamond producer, which experienced a “sharp” decline in production and sales last year. It said diamond production in the Southern African country took a knock
JNA Awards 2014: Deadline for Entries Extended to 8th May
Hong Kong: JNA Awards, the annual industry-wide event that honors the innovators and leaders of the international jewellery industry, with a focus on their achievements and contribution in Asia, has now extended the deadline for accepting entries up to 8th May, 2014, an official press release issued by the organizer says. Individuals or companies may submit their entries or on behalf
