Chetan Kumar Mehta Propels Laxmi Diamonds to the Top
PGI Expects 50% Growth Rate in India: Pallavi Sharma
Platinum is Set to Become the Metal of Choice: Sujala Martis
Should Airlines Ban Carrying Gold in Hand?
The 200-Day Test: Where the Bull Case for Gold and Silver Goes on Trial
Macro Snapshot: The week ending June 26 extended the precious metals selloff to a fifth consecutive week and pushed both gold and silver into the most important long-term technical zone of the broader uptrend: the 200-day exponential moving average. Three macro forces drove the decline, and they did so simultaneously. First, the US-Iran 60-day peace roadmap, formally signed in Switzerland on June 17, continued to remove the geopolitical risk premium that had supported the metals since the February conflict began.
The 200-Day Test: Where the Bull Case for Gold and Silver Goes on Trial
Macro Snapshot: The week ending June 26 extended the precious metals selloff to a fifth consecutive week and pushed both gold and silver into the most important long-term technical zone of the broader uptrend: the 200-day exponential moving average. Three macro forces drove the decline, and they did so simultaneously. First, the US-Iran 60-day peace roadmap, formally signed in Switzerland on June 17, continued to remove the geopolitical risk premium that had supported the metals since the February conflict began.
Top News
India's Platinum Demand Rose 25% in 2014
Mumbai: India is emerging as one of the key platinum markets of the world. According to World Platinum Investment Council (WPIC), the country accounted for 38% of the global platinum demand in 2014. The platinum jewellery and industrial use demand increased significantly during the year. The rising demand trend is expected to continue in 2015, WPIC stated. As per statistics,
India Declares Gold Workers as Handicraft Artisans
New Delhi: Lakhs of gold karigars across the country will stand to benefit from a recent notification issued by the Development Commissioner (Handicrafts) in the Ministry of Textiles, Government of India that has accepted them as Handicraft Artisans. With this notification, the government has acceded to a long-pending demand of the artisans and their associations. The GJEPC had supported the
Rio Tinto's 'Diamonds with a Story' Portal Opens
Perth: Rio Tinto launched an online portal for its “Diamonds with a Story” initiative, featuring information that is meant to help manufacturers, designers and retailers stay on top of marketplace trends. The portal, www.diamondswithastory.com, provides information and videos on consumer insights, design inspiration and products and marketing. Users may also view and search through Rio Tinto’s supplier network. The mission
Polished Prices Plunge While Rough Stays
New York: Polished diamond prices fell over the past three months even as rough prices remained firm, according to information published in two indexes. The price of 1 ct. laboratory-graded diamonds fell 6.2 percent during the second quarter, according to the RapNet Diamond Index (RAPI). The index is calculated based on listings on the online network. The price of the
India's Platinum Demand Rose 25% in 2014
Mumbai: India is emerging as one of the key platinum markets of the world. According to World Platinum Investment Council (WPIC), the country accounted for 38% of the global platinum demand in 2014. The platinum jewellery and industrial use demand increased significantly during the year. The rising demand trend is expected to continue in 2015, WPIC stated. As per statistics,
India Declares Gold Workers as Handicraft Artisans
New Delhi: Lakhs of gold karigars across the country will stand to benefit from a recent notification issued by the Development Commissioner (Handicrafts) in the Ministry of Textiles, Government of India that has accepted them as Handicraft Artisans. With this notification, the government has acceded to a long-pending demand of the artisans and their associations. The GJEPC had supported the
Rio Tinto's 'Diamonds with a Story' Portal Opens
Perth: Rio Tinto launched an online portal for its “Diamonds with a Story” initiative, featuring information that is meant to help manufacturers, designers and retailers stay on top of marketplace trends. The portal, www.diamondswithastory.com, provides information and videos on consumer insights, design inspiration and products and marketing. Users may also view and search through Rio Tinto’s supplier network. The mission
Polished Prices Plunge While Rough Stays
New York: Polished diamond prices fell over the past three months even as rough prices remained firm, according to information published in two indexes. The price of 1 ct. laboratory-graded diamonds fell 6.2 percent during the second quarter, according to the RapNet Diamond Index (RAPI). The index is calculated based on listings on the online network. The price of the
