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?
Two Weeks, Two Divergences, One Mechanism: The Rupee is Rewriting Indian Gold
Macro Snapshot: Two weeks ago, the rupee crisis pushed MCX gold up 3.9% while COMEX gold fell 3.6%. The week ending May 29 produced the exact mirror image: COMEX gold rose 1.5% while MCX gold fell 2.0%. Same mechanism, opposite direction. The rupee’s path through the week tells the full story. The intra-week range of 95.05 to 96.26, roughly 1.2%, is what explains why MCX prices fell while COMEX prices rose. But US and Iranian negotiators reached a tentative agreement
Two Weeks, Two Divergences, One Mechanism: The Rupee is Rewriting Indian Gold
Macro Snapshot: Two weeks ago, the rupee crisis pushed MCX gold up 3.9% while COMEX gold fell 3.6%. The week ending May 29 produced the exact mirror image: COMEX gold rose 1.5% while MCX gold fell 2.0%. Same mechanism, opposite direction. The rupee’s path through the week tells the full story. The intra-week range of 95.05 to 96.26, roughly 1.2%, is what explains why MCX prices fell while COMEX prices rose. But US and Iranian negotiators reached a tentative agreement
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Platinum is Prominent Choice of Young India
The never-ending attraction for jewellery can certainly not be measured, as it’s always been an essential part of India’s ethos through history and culture. The relationship and need that the young consumer has with jewellery today is very strong; indicates a recent Platinum Guild International qualitative research, conducted across 7 metros in India with over 250 women to understand Indian
SA Platinum Producers to Launch Promotion Body
Johannesburg: South African platinum producers are planning to launch an industry body to promote investment demand for the precious metal in the coming months aimed at boosting sales in the face of falling prices, industry and banking sources said. The new body, to be called the World Platinum Investment Council, is likely to be based in London or Johannesburg, the
Angola Tips Zimbabwe for KP Chair
Harare: Angola said when presented with an opportunity to chair the Kimberley Process (KP), Zimbabwe should make a bid, as the African continent will support it as a candidate. The global diamond trade watchdog was established in 2003 in Kimberley, South Africa to stem the illicit trading of gems. Member countries chair the organization on a rotational basis for a
WDC Presi Advices KP Plenary
Guangzhou: “We should always remember that millions of people are depending on the well-being of the diamond industry for their livelihoods. From the miners and their families in the producing countries, through to the polishing and trading centers, the jewelry manufacturers and the retailers, we all need to face the future and contribute together to make the diamond world a
Platinum is Prominent Choice of Young India
The never-ending attraction for jewellery can certainly not be measured, as it’s always been an essential part of India’s ethos through history and culture. The relationship and need that the young consumer has with jewellery today is very strong; indicates a recent Platinum Guild International qualitative research, conducted across 7 metros in India with over 250 women to understand Indian
SA Platinum Producers to Launch Promotion Body
Johannesburg: South African platinum producers are planning to launch an industry body to promote investment demand for the precious metal in the coming months aimed at boosting sales in the face of falling prices, industry and banking sources said. The new body, to be called the World Platinum Investment Council, is likely to be based in London or Johannesburg, the
Angola Tips Zimbabwe for KP Chair
Harare: Angola said when presented with an opportunity to chair the Kimberley Process (KP), Zimbabwe should make a bid, as the African continent will support it as a candidate. The global diamond trade watchdog was established in 2003 in Kimberley, South Africa to stem the illicit trading of gems. Member countries chair the organization on a rotational basis for a
WDC Presi Advices KP Plenary
Guangzhou: “We should always remember that millions of people are depending on the well-being of the diamond industry for their livelihoods. From the miners and their families in the producing countries, through to the polishing and trading centers, the jewelry manufacturers and the retailers, we all need to face the future and contribute together to make the diamond world a
