We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
A Surging Rupee Tripled Gold’s Global Loss in India as Silver Broke Down
Macro Snapshot: The Reserve Bank of India changed the domestic arithmetic before trading opened on 12 October. On 10 October it announced a special window to meet the entire daily dollar requirement of Indian Oil, Bharat Petroleum and Hindustan Petroleum directly from its reserves, taking a large block of import demand out of the spot market. The central bank also tightened rupee derivative rules, imposing a 20% Foreign Exchange Risk Reserve on eligible contracts above $2 million and barring the
A Surging Rupee Tripled Gold’s Global Loss in India as Silver Broke Down
Macro Snapshot: The Reserve Bank of India changed the domestic arithmetic before trading opened on 12 October. On 10 October it announced a special window to meet the entire daily dollar requirement of Indian Oil, Bharat Petroleum and Hindustan Petroleum directly from its reserves, taking a large block of import demand out of the spot market. The central bank also tightened rupee derivative rules, imposing a 20% Foreign Exchange Risk Reserve on eligible contracts above $2 million and barring the
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Pure Value Guarantee Program by PGD
Las Vegas: Pure Grown Diamonds (PGD), the leading distributor of Lab-Grown Diamonds announced the Pure Value Guarantee Program for all its customers. The program is aimed at assuring our retailers that they can buy Pure Grown Diamonds with confidence, and offer the same value proposition that they would with a mined Diamond to all their customers. You can sell a
De Beers Auction Starts US Viewings
New York: De Beers recently announced that its Auction Sales business will conduct viewings of Exceptional and Special Stones at the International Institute of Diamond Valuation (IIDV) offices in New York, ahead of its Cycle 6 auctions. This will be the first time that De Beers’ Auction Sales business conducts viewings in the US, the group said. The viewings will
India Withdraws 1% TCS on Jewellery Purchase
New Delhi: The Indian Government on Tuesday rolled back its decision to apply 1% tax collected at source (TCS) on cash purchase of gold jewellery of Rs 2 lakh and above and raised the limit to Rs 5 lakh with effect from 1 June 2016, media report said. Reacting to the news, jwellery stocks such as PC Jwellers, TBZ and
Platinum ‘Season of Love’ from 10 to 26th June
Mumbai: Make this summer memorable for your loved one with Platinum Season of Love. For the first time Platinum Day of Love brings to you an exclusive in- store festival, where you can commemorate your love in true Platinum style. ‘Season of Love’ is being celebrated at all leading Platinum Jewellery retailers from 10th June till 26th June. You are
Shaping the Roadmap for India’s $100 Bln. G&J Future
Mumbai: Department of Commerce, in association with the Gem & Jewellery Export Promotion Council (GJEPC), yesterday convened the ‘Chintan Shivir – 2040 Roadmap for Gems & Jewellery’, a high-level dialogue aimed at developing a comprehensive strategy to help India achieve its ambition of USD 100 billion in gems and jewellery (G&J) exports by 2040. The roadmap envisages an increase 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
