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

Read More »

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

Read More »

Top News

America to Set up Jewellery Units in India

Mumbai: In what could be a significant boost for the ‘Make in India’ campaign, the gem and jewellery sector could see participation from the U.S., the world’s largest market for jewellery, to set up manufacturing hubs in India, reports The Hindu. In this direction, the Federation of Indian Chambers of Commerce and Industry’s (FICCI) Gems & Jewellery, Luxury and Lifestyle

Read More »

Important Clarification from EGL

Ramat Gan: The holders of the worldwide rights of EGL hereby notify you, the members of the Israel Diamond Exchange, and all members of the diamond industry and trade, that on November 25th, 2014, the license agreement with the gemological laboratory operated by Mr. Guy Benhamou (a former EGL laboratory that also uses the name EGL INTERNATIONAL), located in the

Read More »

‘Design Inspirations’ Workshop on Feb 24-25

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) will be organizing ‘Design Inspirations’, its annual two-day workshop on contemporary jewellery design trends for India and key international markets, on February 24-25 at Grand Hyatt, Mumbai. The workshop will be conducted by well-known jewellery trends forecaster Paula DeLuca from Italy. It will cover the trends in India, Europe and USA.

Read More »

Diacam360 to be Launched During IDW

Ramat Gan: One of the highlights of the upcoming International Diamond Week (IDW) in Israel, which will commence on February 8, is the launch of a table-top, affordable and easy to use scanning device that produces high quality photos and 360-degree, interactive videos of polished diamonds in seconds. The device, which will be unveiled at the event’s DiamTech exhibit, was

Read More »

America to Set up Jewellery Units in India

Mumbai: In what could be a significant boost for the ‘Make in India’ campaign, the gem and jewellery sector could see participation from the U.S., the world’s largest market for jewellery, to set up manufacturing hubs in India, reports The Hindu. In this direction, the Federation of Indian Chambers of Commerce and Industry’s (FICCI) Gems & Jewellery, Luxury and Lifestyle

Read More »

Important Clarification from EGL

Ramat Gan: The holders of the worldwide rights of EGL hereby notify you, the members of the Israel Diamond Exchange, and all members of the diamond industry and trade, that on November 25th, 2014, the license agreement with the gemological laboratory operated by Mr. Guy Benhamou (a former EGL laboratory that also uses the name EGL INTERNATIONAL), located in the

Read More »

‘Design Inspirations’ Workshop on Feb 24-25

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) will be organizing ‘Design Inspirations’, its annual two-day workshop on contemporary jewellery design trends for India and key international markets, on February 24-25 at Grand Hyatt, Mumbai. The workshop will be conducted by well-known jewellery trends forecaster Paula DeLuca from Italy. It will cover the trends in India, Europe and USA.

Read More »

Diacam360 to be Launched During IDW

Ramat Gan: One of the highlights of the upcoming International Diamond Week (IDW) in Israel, which will commence on February 8, is the launch of a table-top, affordable and easy to use scanning device that produces high quality photos and 360-degree, interactive videos of polished diamonds in seconds. The device, which will be unveiled at the event’s DiamTech exhibit, was

Read More »

Latest Videos