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
FATF Warns against Business with Iran, North Korea
New York: The Financial Action Task Force (FATF) has issued a list of nine countries that it says are not taking sufficient measures to combat money laundering and terrorist financing. The intergovernmental group, which aims to protect the global financial system from those activities, recently identified Iran and North Korea as high-risk enough to warrant a “call to action.” This
ALROSA Sells Diamonds Worth $365 Million in June
Moscow: ALROSA has announced its rough and polished diamond sales results for June and the first half of 2017. In June 2017, ALROSA Group sold USD 365 million worth of rough and polished diamonds. Rough diamond sales by value amounted to USD 354.4 million, polished diamond sales – USD 10.6 million. In January–June 2017, ALROSA’s rough and polished diamond sales
WDM Appoints New ‘Authorised Diamond Dealers’
Hong Kong: The World Diamond Mark Foundation (WDM) announced that a group of renowned retail jewellers from Belgium, Canada, Italy and Russia have joined the growing family of the World Diamond Mark® Authorised Diamond Dealers. They are DIAMANI, Diamond Blue, Oriane Jewelry and Rudiam Handmade Jewels, all from Antwerp, Belgium; Laferrière & Brixi of St-Lambert, Quebec, Canada; Luca 1959 Alta
CFC Inaugurated in Palanpur, Gujarat
Palanpur: India’s Minister of State (Independent Charge) for Commerce & Industry (C&I), Mrs. Nirmala Sitharaman recently inaugurated a Common Facility Centre (CFC) – the Ratna Abhushan Suvidha Kendra, Palanpur. The inauguration event, held in Palanpur, Gujarat, was also graced by India’s Minister of State for Micro, Small & Medium Enterprises (MSMEs), Mr. Haribhai Chaudhary. The CFCs being set up in
India’s Largest Platinum Experience Zone at Kalamandir Jewellers, Vadodara
Vadodara: Kalamandir Jewellers has unveiled India’s largest Platinum Experience Zone at its new flagship store in Vadodara, creating a dedicated destination for consumers to explore platinum jewellery across designs, occasions andprice points. The launch strengthens the visibility of platinum jewellery in Gujarat and complements Platinum Guild International’s (PGI) ongoing efforts to build awareness and appreciation for the metal through consumer education, design innovation
JGW Hong Kong Begins from 14th September
HONG KONG: Next month, the global jewellery industry has only one destination: Hong Kong. Organised by Informa Markets, JGW September (Jewellery & Gem World September) brings together 3,000+ exhibitors from 40+ countries and regions, all showcasing the collections that will define retail displays worldwide. This is the trade’s ultimate B2B sourcing destination: Six specialised buying experiences where attendees move beyond
GSI Issues India’s First Pigeon Blood Reports
Jaipur: Gemological Science International (GSI), one of the world’s largest gemological organizations, has begun issuing colored stone reports carrying recognized color trade names — Pigeon Blood for ruby, Royal Blue and Padparadscha for sapphire — in Jaipur and Mumbai. It is the first time such reports have been issued in India. The designations are granted only to untreated stones. Heated, diffused or otherwise enhanced material is
Sky Gold Enters MSCI India Domestic Small Cap Index
Mumbai: Sky Gold & Diamonds Ltd, one of India’s fast-growing jewellery manufacturers, has been added to the MSCI India Domestic Small Cap Index, as part of the latest index review announced by MSCI. The inclusion marks an important milestone for Sky Gold, reflecting the company’s growing presence and relevance within India’s listed small-cap universe. A key development during the current quarter
