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
Forevermark’s Initiative to Save Rhino Population
London: Forevermark is supporting the Tusk Rhino Trail, a central London wide art installation run by UK registered charity, Tusk, that aims to raise awareness of the critical threat facing the black and white rhino population in sub-Saharan Africa. To celebrate this magnificent animal and raise vital funds to ensure the continued conservation of rhinos and their fellow African species, the
Reliance Jewels Celebrates 11th Anniversary
Mumbai: Reliance Jewels celebrated its 11th anniversary. As a token of Gratitude towards their patrons & their love over the last 11 years, the brand has launched an exquisite designer jewellery collection- ‘Aabhar’- To You With Gratitude. This collection is inspired by the diversity in Nature, such as beautiful sunrises and sunsets, trees, and above all Flowers, as they are the best way
Raesh Exports Registers Growth in Q1
(By Eveluate Research) Bangalore: Rajesh Exports reported solid earnings for the first quarter ended in June 2018 of Rs.13.52 per share, representing a growth of 34.5% on a YoY basis and 14% above our estimates. Similarly, EBITDA for the quarter came in at Rs.5,780.8 mn, growing by 29.8% YoY. Revenue for the quarter, however, was down by about 13% mainly
WHP Opens Showroom in Boisar
Mumai: Waman Hari Pethe (WHP) Jewellers broadened its horizons with the launch of 24th WHP Outlet in Boisar. The store was inaugurated on 15th August 2018 in presence of Mr. Aditya Pethe, Director, WHP Jewellers along with Mr. Subhash Pethe and Mr. Ulhas Pethe. Established by Late. Mr. Waman Hari Pethe and Late Mr. Ganesh Hari Pethe in 1909, the jewellery
Okavango Diamond Co. Appoints Yoram Dvash as Chairperson
Gaborone: Botswana’s state-owned rough diamond marketing firm, Okavango Diamond Company (ODC), has appointed former World Federation of Diamond Bourses (WFDB) president Yoram Dvash as chairperson of its board of directors. Dvash succeeds Gape Kaboyakgosi, who stepped down in November after leading the board for five years. Dvash brings deep industry leadership to the role, having headed the WFDB from 2020
Qatar Diamond Exchange Signs Strategic MoUs
The Qatar Diamond Exchange (QDE) has signed Memoranda of Understanding (MoUs) with the Diamond Exchange of Singapore, the Shanghai Diamond Exchange and the Tokyo Diamond Exchange during the 41st World Diamond Congress in Singapore. The agreements reflect QDE’s strategic focus on developing closer relationships with established diamond markets across Asia and creating new opportunities for trade and cooperation between Qatar
IDMA Mourns Passing of Vasant Mehta
Antwerp: The board and members of the International Diamond Manufacturers Association (IDMA) deeply mourn the passing of one of the global diamond industry’s and trade’s leaders and mentors, Mr. Vasant Mehta, who passed away earlier this week at the age of 81. Vasant served as IDMA’s Vice President from 1998-2000 and then from 2002-2008, on behalf of the Gem &
Shaping the Roadmap for India’s $100 Bln. G&J Future
Mumbai: Department of Commerce, in association with the Gem & Jewellery Export Promotion Council (GJEPC), yesterday convened the ‘Chintan Shivir – 2040 Roadmap for Gems & Jewellery’, a high-level dialogue aimed at developing a comprehensive strategy to help India achieve its ambition of USD 100 billion in gems and jewellery (G&J) exports by 2040. The roadmap envisages an increase in
