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
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Common Facility Centre at Visnagar Inaugurated
Ahmedabad: The first ever Common Facility Centre for the gems and jewellery trade was inaugurated by Mrs. Rita Teaotia, Hon’ble Commerce Secretary, Government of India at Visnagar in Gujarat yesterday. The centre is part of the government supported project to establish centres at key locations in smaller towns where artisans from smaller enterprises will have access to the latest technology
Design Inspirations 2017, Day-2
Mumbai: The second and concluding day of Design Inspirations, GJEPC’s annual seminar on design and trend forecasting, continued February 10 with the focus on the challenges of creating and marketing jewellery to the millennial generation. A range of speakers both from within the trade and outside shared their insights on a theme that has been much discussed over the last
CIBJO’s Blue Books Available on its Website
Milan: The six CIBJO Blue Books are definitive sets of grading standards and nomenclature for diamonds, coloured gemstones, pearls, coral, precious metals, and gemmological laboratories. They are compiled and then are consistently reviewed and updated by the relevant CIBJO Commissions, whose members include representatives of trade organisations and laboratories active in the respective areas of the industry. In the almost
CaratLane Opens its First Store in Mumbai
Mumbai: CaratLane, India’s leading omni-channel jeweller has opened its 1st store in Mumbai, at High Street Phoenix, Lower Parel. For a brand that’s on a mission to democratize access to jewellery, this store launch, the 15th in the country, is another step forward in expanding its retail footprint and making its jewellery more accessible. Situated at one of the most
Gold-Silver Price-Setting Methods May Change
London: The decades-old methods for determining the daily benchmark prices for gold and silver seem set to change—the result of unwelcome attention from regulators and class-action lawsuits. Currently, the price of both metals is set at a daily teleconference by a number of prominent multinational banks—four in the case of gold, and three in the case of silver. However, the
CIBJO Gives Sustainability Frame for Pearl Sector
Milan: CIBJO President Gaetano Cavalieri has presented an outline for sustainability in the cultured pearl sector, emphasizing that a comprehensive approach must be taken that addresses economic, environmental and social responsibility. He was speaking at the Sustainable Pearls Forum, which took place in Hong Kong on June 21. The cultured pearl industry provides an opportunity to introduce concepts that often
Gold Curb Relaxations on the Way…
New Delhi: The government of India has indicated that there is a need to ease norms for bullion imports to boost supplies and jewellery exports. “There is a need of rationalisation in (gold import) duty and (gold import) procedure….We have already made it clear that there is a need to look at the current gold import regime,” commerce secretary Rajeev
RBI's Credit Limit Troubles Diamond Units
Surat: At least 350 small and medium diamond companies in the world’s biggest diamond cutting and polishing centre in Surat are facing severe financial problems with Indian banks strictly implementing the 90 days credit limit for overseas payment to rough diamond dealers in Antwerp and Dubai for the past four months, reports The Times of India. The Gem and Jewellery
