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
Nine New Diamond Deposits in Yakutia By 2025
Moscow: Nine new diamond deposits in two Arctic regions of Yakutia will be commissioned by 2025 by ALROSA subsidiaries, according to Vasily Zakharov, the first deputy minister of Industry and Geology of the Republic of Yakutia. “In 2016-2025, the two companies – Nizhne-Lenskoye and Diamonds Anabara (ALROSA subsidiaries) will commission nine new locations in two Arctic regions,” – he said.
HKTDC Announces World’s Largest Jewellery Show
Mumbai: Two of the jewellery industry’s leading trade fairs are set to open in Hong Kong in late February to early March. Organised by the Hong Kong Trade Development Council (HKTDC), the 4th Hong Kong International Diamond, Gem & Pearl Show will take place from 28 February to 4 March at the Asia World-Expo, while the 34th Hong Kong International
India Diamond Week Opened in New York
New York: The 6th India Diamond Week organised by The Gem & Jewellery Export Promotion Council (GJEPC) opens yesterday with 48 diamond manufacturers displaying their products on the Trading Floor of the Diamond Dealers Club, New York. The 3½ day event concludes on Thursday, January 26. The annnual trading platform has been established to assist Indian diamantaires develop and strenthen
India’s December 2016 G&J Exports Up 22.4%
Mumbai: India’s exports of Gem & Jewellery for Dec.2016 recorded $3.09 bn showing a growth of 22.38% as compared to exports worth $ 2.53 bn for the same month year 2015, according to data released by the Gem & Jewllery Export Promotion Council (GJEPC) of India. The country’s exports for 9-month FY 2016-17, reached $ 32.03 bn and was 11.76%
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
