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
First India Australia BSM Began
Mumbai: The first India Australia Jewellery Buyer Seller Meet was inaugurated yesterday in Mumbai by the Vice Chairman of India’s Gem & Jewellery Export Promotion Council (GJEPC) Mr. Colin Shah. Ten Indian jewellery exporters will interact with a delegation from Australia, as well as a smaller delegation from Ireland over the next few days. The format of the show includes
Forevermark Diamonds Sparkle at the IIJS 2018
Forevermark, the diamond brand from The De Beers Group of Companies continues its association with India’s most premium jewellery fair – The India International Jewellery show (IIJS). The show will be held at the Bombay Exhibition Centre from the 09th to the 13th of August 2018. With a platform like IIJS, Forevermark, under the umbrella of its parent company, De Beers, promises that
3rd Platinum BSM Concluded Successfully
Hyderabad: Platinum Guild International – India (PGI) successfully concluded its third edition of ‘Platinum Buyer-Seller Meet’ (BSM) on 25th and 26th July, 2018 in Hyderabad. Organized exclusively for the authorised platinum jewellery manufacturers & retailers of India under the PGI Programme, the meet aims to showcase the true business potential of platinum and help deepen their exposure to the category. The third edition
Gemfields Auctioned Emeralds worth $ 10.89 Mln.
Lusaka: Emeralds from the Kagem mine in Lufwanyama District have been sold at auction for a total of US $10.89 million. Proceeds from the auction will be fully repatriated to Zambia, with all royalties due to the Zambian Government paid on the full sales prices achieved at the auction, the company stressed. The auction was of predominantly commercial quality rough
Unlocking Digital Gold’s US$ 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
