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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IDWI 2017 Opens in Packed IDE Trading Hall
Ramat Gan: The Sixth International Diamond Week in Israel (IDWI) opened today to a packed trading hall at the Israel Diamond Exchange (IDE), with the participation of some 400 buyers from 30 countries, and over 200 diamond companies exhibiting from Israel and abroad. The festive opening ceremony included speeches by Israel Minister of Tourism Yariv Levin, Alrosa President Andrey Zharkov,
Lucapa Discovers Second Biggest Diamond
Luanda: Lucapa Diamond Company has discovered the second biggest diamond from its Lulo project a year after finding the biggest stone at the Angolan mine. The 227-carat gem represents the seventh 100-carat-plus diamond recovered at Lulo and second only to a 404-carat stone discovered on February 4 last year. The stone also represents the second biggest diamond ever recovered in
BoB to Finance Small Diamond Units
Mumbai: To give a leg up to micro, small and medium enterprises in the diamond industry, Bank of Baroda (BoB) is planning to launch a supply chain financing product for the industry on a pilot basis in Surat, reports BusinessLine. Cutting and polishing units, which procure roughs from large companies and supply finished products back, will be provided finance at
10th Signature IIJS Ended with Success Note
Mumbai: The 10th edition of Signature IIJS and the 4th edition of IGJME concluded here with a success-note. There were ample signs that the Indian gems and jewellery industry had received a shot in the arm heralding that relatively better days lie ahead. Over the last year, the industry has faced multiple challenges be it in the form of continued
Early Bird Discount for “TREASURES”
Lisbon: If you haven’t done so yet, there are still a few days to register with the reduced Early Bird rate and secure your seat for the second edition of TREASURES, an award-winning international colloquium that will take place under the patronage of the President of the Republic of Portugal at the Royal Treasure Museum, Palácio Nacional da Ajuda, in
First-Ever Sale of 100% Traceable Artisanal Diamonds from Congo
Antwerp/Kinshasa: Today, fully traceable, artisanal diamonds from the Democratic Republic of Congo were sold on the international market for the very first time in Antwerp. The diamonds, originating from the Kasai region, are part of OrigemA:a Belgian-Congolese initiative that provides artisanal miners with access to international markets, guarantees fair prices, and supports the livelihoods of more than 3 million people. During this first
New Source of Paraíba Tourmalines Reportedly Discovered in Ethiopia
Basel: Copper-bearing tourmalines—widely known in the trade as Paraíba tourmalines—have captivated gem dealers, collectors, and enthusiasts around the world since they first appeared on the market in the late 1980s. The Swiss Gemmological Institute SSEF has received credible reports from trade sources that indicate a new deposit of copper-bearing tourmaline has been discovered in Ethiopia. To date, the number of
Lukson Opens its 10th Exclusive Store in Bandra
Mumbai: Lukson, one of India’s fastest-growing lab-grown diamond jewellery brands and the D2C arm of the 34-year-old JK Star Group, announced the opening of its 10th exclusive retail store in Bandra, Mumbai, one of India’s most coveted fashion, luxury, and lifestyle destinations. The milestone opening marks a significant chapter in Lukson’s rapid retail expansion and reinforces the brand’s commitment to making
