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
Surat Jail Trains Inmates in Cutting Polishing
Surat: The Surat district Jail authorities in association with a diamond firm, have started teaching cutting and polishing of rough diamonds to the prisoners. A diamond firm had installed two emery wheels in the jail where at present eight prisoners are learning cutting and polishing of diamonds. The step has been taken by the Jail superintendent H R Chaudhary, with
Forevermark Presents Trends for 2017
Mumbai: Forevermark, the diamond brand from The De Beers Group of Companies, launched the Autumn-Winter trend collections 2017– Geo-Deco and Declaration. Inspired by fascinating patterns in nature, Geo-Deco focuses on geometrical elements at its core ¬– bringing balance, proportion and symmetry to create a harmonious whole. Shimmering lines of flowing diamonds, like sunrays, from a Forevermark solitaire diamond, add textural
Millennial Women Looking for Authenticity
New York: Millennial women are looking for ‘the real deal,’ with nearly 9 in 10 (89 percent) looking for authenticity when buying luxury items such as diamonds, according to a new study by the Diamond Producers Association (DPA). “Despite living in a world of fast-fashion and unlimited choices, they crave the opposite,” the DPA said in a statement. “This sentiment
GJEPC Felicitates CISF Officials
Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) Chairman Mr. Praveenshankar Pandya yesterday Felicitated CISF Senior Commandant Mr. Himanshu Pandey and CISF Deputy Commandant Mr. A K Nag for their commendable efforts in nabbing two Chinese citizens for allegedly stealing diamonds worth 34 lakhs of rupees during the India International Jewellery Show (IIJS), one of the world’s largest and
CIBJO Releases Colored Stone Special Report
Milan: With fewer than five weeks to go to the opening of the 2014 CIBJO Congress in Moscow on May 19, 2014, the fourth of the CIBJO commissions Special Reports has been released, as stated in a press brief. Prepared by the CIBJO Colored Stone Commission, headed by Nilam Alawdeen, the report focusses on the proper disclosure of gemstone treatments and
Indias Silver Jewellery Exports Double
Mumbai: A shortage of gold as a raw material and the consequent decline in gold jewellery exports appears to have opened up new avenues of growth for silver jewellery in India, reports Mineweb. Indias silver jewellery exports rose 45.33% to $84.1 million in February 2014, and jumped 89% in the 11-month period to $1.35 billion, according to data from the Gem
AGL Celebrates Five Years under New Management
New York, 15th April: American Gemological Laboratories (AGL), a provider of high-quality gemstone analysis and reporting is celebrating its five-year anniversary under the stewardship of Christopher P. Smith. “Five years ago, AGL was re-privatized during one of the most difficult periods the US and world financial markets have experienced in recent decades. AGL, however, had a good reputation and we did
Gold Smuggling Arrests Jump 750% YoY in India
Mumbai, 14th April: While cases of gold smuggling in India have jumped 265% from 40 in 2012-13 to 146 in 2013-14, the number of people arrested has shot up by 750%, from 30 in 2012-13 to 255 in 2013-14, data from the Directorate of Revenue Intelligence shows, according to a report published in Mineweb. “Gold imports through the legal channel have
