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
Top News
GJSCI to Partner with Ind. Bodies, Training Institutes
Mumbai: The Gem & Jewellery Skill Council of India (GJSCI) will reach out to industry bodies in traditional jewellery manufacturing clusters as well as to training institutes already offering courses in the field during the next phase of its growth and development, the new GJSCI Chairman Sanjay A. Kothari has said.
Ali Pastorini to Visit 2nd India Diamond Week
Mumbai: Ali Pastorini, an entrepreneur in the sector who is partner of the jewelery brand Del Lima and President of the international group Mujeres Brillantes will be attending the Second Edition of India Diamond Week, which will take place from October 23 to 25 in Mumbai. The purpose of the visit is to look closely at the phenomenal growth of
Platinum Evara Launches New TVC Featuring Revathy
Mumbai: The bond between a mother and daughter is indefinable. They areunited through threads of nurturance, compassion and unconditional love. Todayhowever, the curve of this relationship has evolved – the traditional power equation has collapsed, mothers and daughters are friends first. There is an intimacy that perhaps didn’t exist in that relationship earlier, since it was governed by roles. Conceptualized and developed by Metal
Zimbabwe Launches Online Diamond Sales Platform
Harare: The Zimbabwean government has launched the Zimbabwe Electronic Diamond Trading System – an online diamond sales platform “in a bid to promote transparency and the ease of doing business”, according to a report at the Herald newspaper. Mines minister Winston Chitando is quoted as saying that the system “would ensure that the sale of diamonds through the Minerals Marketing
Unlocking Digital Gold’s US$ 700bn Opportunity
Las Vegas: The digital gold market, worth US$45–55bn today, could unlock up to US$700bn in latent demand, according to new research from World Gold Council (WGC) and Boston Consulting Group. The report points to substantial untapped appetite among retail investors, with nearly nine in ten surveyed saying they would consider digital gold under the right conditions. The US$700bn opportunity represents
Construction of India Jewellery Park, Mumbai Begins
Navi Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) yesterday marked a historic milestone in the development of India Jewellery Park Mumbai (IJPM) with the commencement of construction at Mahape, Navi Mumbai. The ceremony marks the transition of this long-cherished industry vision into the construction phase, bringing India’s ambition to establish a world-class, integrated jewellery manufacturing hub a significant
Qatar Diamond Exchange Broadens Asian Presence
Doha: The Qatar Diamond Exchange (QDE) has signed a Memorandum of Understanding (MoU) with the Diamond Federation of Hong Kong, China (DFHK), establishing a strategic partnership between the two organizations. The agreement was formalized in Hong Kong by Ghanim Al-Saadi, Director of the Qatar Diamond Exchange, and Lawrence Ma, President of DFHK. Founded in 2000, DFHK represents Hong Kong’s diamond
Diamonds for Development Fund Receives Initial Funding
Gaborone: The Government of the Republic of Botswana and De Beers Group yesterday announced that De Beers Group has transferred its initial contribution of BWP1 billion to the Diamond for Development Fund, marking a major milestone in the progress of the Fund and its mandate to support Botswana’s long-term economic diversification. The disbursement follows the establishment of the Fund’s governance
