
Sharp Fall in Precious Metal Prices
Shanghai: Gold, silver, and platinum were all trading at multiyear lows on July 20, with platinum going below the $1,000 benchmark and the price of

Shanghai: Gold, silver, and platinum were all trading at multiyear lows on July 20, with platinum going below the $1,000 benchmark and the price of

Mumbai: The grapevine is buzzing across Bollywood with rumours of the current “IT” Couple Ranbir Kapoor and Katrina Kaif, who have recently sealed their bond

Mumbai: Exports of gems and jewellery from India during June 2015 were down by 1.67% as compared to a year earlier due to weak global

Harare: Zimbabwe faces more economic woes, including having its assets abroad seized, after cash-strapped State mining company, Zimbabwe Mining Development Corporation (ZMDC), lost the latest

Gaborone: Lucara Diamond Corp.’s July tender of exceptional stones achieved $68.7 million, or $41,028 per carat. The tender featured 14 single stone lots from Karowe

New Delhi: India Thursday further slashed the import tariff value of gold to $376 per 10 grams and of silver to $498 per kg due

Gaborone: De Beers—which became the star unit of parent company Anglo American following soaring sales in 2014—reported a 26 percent drop in sales in carat

Perth: Rio Tinto announced that production increased to 4.696 million carats in the second quarter, compared to 3.832 million carats in the same quarter of

Gaborone: De Beers’ customers declined to buy about a third of the diamonds offered for sale this week by the world’s biggest producer, according to

Vancouver: Rockwell Diamonds Inc.’s first revenue dropped a substantial 39 percent to C$9.2 million ($7.2 million) for the first quarter, ended May 31. Rough diamond
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