Despite International Gold Slipping 1.5%, Domestic Prices Hold Steady

Macro Snapshot: Gold on COMEX fell 1.5% to $4,408.9 in the week ending 11 September, while gold on MCX closed at ₹152,784, seventeen rupees above where it began. Indian holders will read that as protection, and for one week it was. The more useful reading is that the position is safe only while the war continues. Trace the chain backwards from the oil market. Brent closed at $104.61 on 11 September per Trading Economics, its highest since May, on Gulf

Read More »

Despite International Gold Slipping 1.5%, Domestic Prices Hold Steady

Macro Snapshot: Gold on COMEX fell 1.5% to $4,408.9 in the week ending 11 September, while gold on MCX closed at ₹152,784, seventeen rupees above where it began. Indian holders will read that as protection, and for one week it was. The more useful reading is that the position is safe only while the war continues. Trace the chain backwards from the oil market. Brent closed at $104.61 on 11 September per Trading Economics, its highest since May, on Gulf

Read More »

Top News

IGI’s IPO Opens on 13th December

Mumbai: International Gemmological Institute (India) Limited (“IGI” or “The Company”), shall open its Bid/Offer in relation to its initial public offer of Equity Shares on Friday, December 13, 2024. The total offer size of equity shares (face value of Rs. 2 each) aggregating up to Rs. 42,250 million [Rs. 4,225 crore]   comprises a Fresh Issue of aggregating up to Rs. 14,750 million

Read More »

GJEPC Discusses Industry Issues with CBIC

Mumbai: The leadership of the Gem and Jewellery Export Promotion Council (GJEPC) extended a warm welcome to Mr. Sanjay Kumar Agarwal, Chairman of the Central Board of Indirect Taxes & Customs (CBIC), along with Mrs. Prachi Saroop, Chief Commissioner of Customs, and Mr. Harish Dharnia, Commissioner of Customs, Mumbai, at the GJEPC office in Mumbai. The meeting aimed to foster

Read More »

SRK Exports Presents Natural Diamond to Modi

New Delhi: On December 2, 2024, Surat-based diamantaire and Rajya Sabha MP Mr. Govind Dholakia honored India’s Prime Minister Mr. Narendra Modi with a remarkable natural diamond masterpiece, the “Navbharat Ratna.” Designed in the shape of India, this 2.12-carat diamond symbolizes the unity, brilliance, and enduring spirit of the nation. The creation of this extraordinary piece was undertaken by skilled

Read More »

Rio’s Beyond Rare Diamond Tender Gets Strong Results

Perth: Rio Tinto’s second Beyond Rare tender has achieved a strong result, underscoring the rarity and unique provenance of the diamonds on offer. The auction, which featured some of the world’s most coveted natural fancy coloured diamonds, also showcased the continuing global demand for these rare treasures. The collection, which comprises 76 diamonds across 48 lots, included an exceptional mix

Read More »

IGI’s IPO Opens on 13th December

Mumbai: International Gemmological Institute (India) Limited (“IGI” or “The Company”), shall open its Bid/Offer in relation to its initial public offer of Equity Shares on Friday, December 13, 2024. The total offer size of equity shares (face value of Rs. 2 each) aggregating up to Rs. 42,250 million [Rs. 4,225 crore]   comprises a Fresh Issue of aggregating up to Rs. 14,750 million

Read More »

GJEPC Discusses Industry Issues with CBIC

Mumbai: The leadership of the Gem and Jewellery Export Promotion Council (GJEPC) extended a warm welcome to Mr. Sanjay Kumar Agarwal, Chairman of the Central Board of Indirect Taxes & Customs (CBIC), along with Mrs. Prachi Saroop, Chief Commissioner of Customs, and Mr. Harish Dharnia, Commissioner of Customs, Mumbai, at the GJEPC office in Mumbai. The meeting aimed to foster

Read More »

SRK Exports Presents Natural Diamond to Modi

New Delhi: On December 2, 2024, Surat-based diamantaire and Rajya Sabha MP Mr. Govind Dholakia honored India’s Prime Minister Mr. Narendra Modi with a remarkable natural diamond masterpiece, the “Navbharat Ratna.” Designed in the shape of India, this 2.12-carat diamond symbolizes the unity, brilliance, and enduring spirit of the nation. The creation of this extraordinary piece was undertaken by skilled

Read More »

Rio’s Beyond Rare Diamond Tender Gets Strong Results

Perth: Rio Tinto’s second Beyond Rare tender has achieved a strong result, underscoring the rarity and unique provenance of the diamonds on offer. The auction, which featured some of the world’s most coveted natural fancy coloured diamonds, also showcased the continuing global demand for these rare treasures. The collection, which comprises 76 diamonds across 48 lots, included an exceptional mix

Read More »

Latest Videos