The Tariff Lag Effect: Why MCX Prices are Still Below

The week ending May 22 was the digestion week. After the policy shock of the previous week (the steepest gold import duty hike on record, a record-low rupee, and a tightening of the Advance Authorisation scheme), price action paused. MCX gold gained just 0.1%, silver was essentially flat. COMEX gold and silver both declined modestly, by 0.8% and 1.7% respectively. The week’s headline numbers reveal almost nothing about what is actually happening in the Indian gold market right now. The

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The Tariff Lag Effect: Why MCX Prices are Still Below

The week ending May 22 was the digestion week. After the policy shock of the previous week (the steepest gold import duty hike on record, a record-low rupee, and a tightening of the Advance Authorisation scheme), price action paused. MCX gold gained just 0.1%, silver was essentially flat. COMEX gold and silver both declined modestly, by 0.8% and 1.7% respectively. The week’s headline numbers reveal almost nothing about what is actually happening in the Indian gold market right now. The

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Fiera di Vicenza and WDM Sign MoU

Vicenza: The Fiera di Vicenza, Europe’s leading jewellery trade fair organizer, and the World Diamond Mark Foundation (WDM), a non-for-profit organization established in 2012 by the World Federation of Diamond Bourses (WFDB), secured collaboration in the realm of diamond and diamond jewellery promotion and marketing. The Memorandum of Understanding was signed on Saturday during the international press conference of VICENZAORO,

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ALROSA is Waiting India’s SNZ to Form

Moscow: ALROSA is waiting for the Special Notified Zone (SNZ) in India to finish forming itself, said the company’s president Andrei Zharkov to RIA Novosti. “There is a special area in India now, aimed at providing the key to expanding the presence of suppliers of rough in the local market. There are preferential customs conditions there for supply of rough

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Gem-A Gets JTV as Conference Platinum Sponsors

London: The Gemmological Association of Great Britain (Gem-A) has announced that the American jewellery TV giant, Jewelry Television (JTV) will be the Platinum Sponsor for its upcoming Conference 2015 incorporating the Federation for European Education in Gemmology’s (FEEG) 18th International Symposium of Gemmology, held at the Royal Institute of British Architects (RIBA) in Marylebone, London from 21–22 November 2015. Welcoming

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GIA Plans Melee Screening Service

Ramat Gan: The Gemological Institute of America (GIA) lab will soon have the ability to mass-screen smaller stones to check for synthetics, chief laboratory and research officer Thomas M. Moses said in a speech delivered Aug. 31 at the Israel Diamond Exchange. “Later this year, we will be taking delivery of our first high-speed screening [device] for small diamonds,” Moses

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Fiera di Vicenza and WDM Sign MoU

Vicenza: The Fiera di Vicenza, Europe’s leading jewellery trade fair organizer, and the World Diamond Mark Foundation (WDM), a non-for-profit organization established in 2012 by the World Federation of Diamond Bourses (WFDB), secured collaboration in the realm of diamond and diamond jewellery promotion and marketing. The Memorandum of Understanding was signed on Saturday during the international press conference of VICENZAORO,

Read More »

ALROSA is Waiting India’s SNZ to Form

Moscow: ALROSA is waiting for the Special Notified Zone (SNZ) in India to finish forming itself, said the company’s president Andrei Zharkov to RIA Novosti. “There is a special area in India now, aimed at providing the key to expanding the presence of suppliers of rough in the local market. There are preferential customs conditions there for supply of rough

Read More »

Gem-A Gets JTV as Conference Platinum Sponsors

London: The Gemmological Association of Great Britain (Gem-A) has announced that the American jewellery TV giant, Jewelry Television (JTV) will be the Platinum Sponsor for its upcoming Conference 2015 incorporating the Federation for European Education in Gemmology’s (FEEG) 18th International Symposium of Gemmology, held at the Royal Institute of British Architects (RIBA) in Marylebone, London from 21–22 November 2015. Welcoming

Read More »

GIA Plans Melee Screening Service

Ramat Gan: The Gemological Institute of America (GIA) lab will soon have the ability to mass-screen smaller stones to check for synthetics, chief laboratory and research officer Thomas M. Moses said in a speech delivered Aug. 31 at the Israel Diamond Exchange. “Later this year, we will be taking delivery of our first high-speed screening [device] for small diamonds,” Moses

Read More »

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