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
Antwerp to Celebrate 3rd International Yoga Day
Antwerp: On Sunday 18 June 2017, the third International Day of Yoga will be celebrated in Antwerp, organized by the Antwerp Indian Association (AIA) and the Antwerp World Diamond Centre (AWDC). It was a unique moment for India three years ago, when the UN General Assembly declared 21 June the “International Day of Yoga”. Prime Minister of India Narendra Modi’s
Rajesh Exports Reports Good Results
Mumbai: (By EVALUATE RESEARCH LTD.) Rajesh Exports reported a good set of results for FY03/17 [ended March] which were in-line with our revenue estimate and 3.5% above our EPS estimate. For the full year, revenues were up 46.5% YoY to Rs. 2,421 bn while the net income was up 16.3% YoY to Rs. 12.5 bn [EPS of Rs. 42.20 vs.
Platinum is the Preference of Young Indians
Mumbai: It has been observed by market analysts that young generation is giving preference to platinum over gold and diamond jewellery. According to Platinum Guild International (PGI), the low platinum price in 2016 had retailers stocking up on the precious metal, with Indians and Americans the most likely to put a platinum ring on it. In India platinum demand soared
Coronet by Reena Ahluwalia Makes N. American Debut
Las Vegas: After a successful launch at Baselworld, Coronet® is excited to debut the artistic partnership with world renowned jewellery designer and painter, Reena Ahluwalia at JCK Las Vegas. The much-anticipated spinning diamonds “Inner Brilliance” jewellery collection under ‘Coronet by Reena Ahluwalia’ line is affordable for retailers, inventive and patented. Hong Kong’s top diamond brand, Coronet® of Aaron Shum Jewellery
Thangamayil Jewellery, Receives IAGES Accreditation
Madurai: Gold buyers in Tamil Nadu can now purchase their favourite precious metal with complete trust and transparency from Thangamayil Jewellery Limited (TMJL), one of the most recognized chain of jewellery stores in the state. TMJL has officially received its IAGES accreditation, further cementing its commitment to serve its consumers in the most ethical, responsible and sustainable manner. The Indian
Russia to Levy 8% Duty on Rough from Sep.
Moscow: The Russian government has announced that it will impose an 8% export duty on rough diamonds weighing between 0.45 carats and 10.8 carats, as well as on special-size diamonds exceeding 10.8 carats, effective September 1, 2026. The new duty will apply to rough diamonds in weight categories that are considered economically viable for domestic cutting and polishing. Russia had
GJEPC Urges Simpler Path to Gold Monetization
Mumbai: India’s gold monetization efforts must focus on simplicity, trust and convenience if the country is to unlock the vast stock of idle household gold, said Khushboo Ranawat, Regional Chairperson – West, and Member – National Exhibitions, GJEPC, during a panel discussion at the ‘India’s Gold Revolution: Monetization, Tokenization & Financial Transformation’ seminar organized by the Bombay Chamber of Commerce &
GJEPC Hosts U.S. Senators, State Lawmakers for Industry Dialogue
Mumbai: Against the backdrop of deepening India-U.S. trade ties, GJEPC hosted a delegation of U.S. senators, state legislators and National Conference of State Legislatures (NCSL) officials at its Mumbai headquarters on 22nd June to provide an overview of India’s gem and jewellery industry and discuss key sectoral trends. The delegation comprised Wayne Harper, President Emeritus and President Pro Tempore, National Conference
