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

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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 »

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GIA to Join De Beers' Tracr Blockchain Platform

London: The Gemological Institute of America (GIA) will join De Beers’ Tracr, the world’s first distributed diamond blockchain platform. The diamond group said GIA’s participation in Tracr will enable the world’s leading diamond grading laboratory to include an immutable record of the provenance of polished diamonds in its diamond grading reports for the first time, as the industry moves towards

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GIA Reintroduces Paper Certs after Backlash

New York: GIA has bowed to pressure and says it will re-introduce paper certificates, at no extra cost, as of Sunday (9 April), reports idexonline. The move to digital-only Diamond Dossiers, for stones up to 1.99-cts, provoked widespread criticism from retailers, who said some customers were refusing to buy a diamond without one. In a message to clients, GIA (Gemological Institute of America) said it “did

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Bharat Diamond Week Inaugurated

Mumbai: The 4th edition of Bharat Diamond Week (BDW) was launched yesterday at Bharat Diamond Bourse (BDB). Dr. M’zée Fula-Ngenge, Chairman, African Diamond Council was the chief guest along with Mr. CP Singh Chauhan, IRS, Jt Development Commissioner SEEPZ and Mr. Senthilnathan, Chairman ECGC. Dr. Ngenge in his inaugural address spoke on the strong bond that the Indian Diamond Industry

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NDC's Report Reflects Changing Consumer Behaviour

Mumbai: The Natural Diamond Council (NDC) has released the third edition of their Jewellery Trend Report that highlights the upcoming natural diamond trends for the season, with a focus on how these trends bring a new opportunity to start conversations and create consumer desire for these billion-year-old wonders of nature. The report has been compiled with inputs by ‘The Style

Read More »

GIA to Join De Beers' Tracr Blockchain Platform

London: The Gemological Institute of America (GIA) will join De Beers’ Tracr, the world’s first distributed diamond blockchain platform. The diamond group said GIA’s participation in Tracr will enable the world’s leading diamond grading laboratory to include an immutable record of the provenance of polished diamonds in its diamond grading reports for the first time, as the industry moves towards

Read More »

GIA Reintroduces Paper Certs after Backlash

New York: GIA has bowed to pressure and says it will re-introduce paper certificates, at no extra cost, as of Sunday (9 April), reports idexonline. The move to digital-only Diamond Dossiers, for stones up to 1.99-cts, provoked widespread criticism from retailers, who said some customers were refusing to buy a diamond without one. In a message to clients, GIA (Gemological Institute of America) said it “did

Read More »

Bharat Diamond Week Inaugurated

Mumbai: The 4th edition of Bharat Diamond Week (BDW) was launched yesterday at Bharat Diamond Bourse (BDB). Dr. M’zée Fula-Ngenge, Chairman, African Diamond Council was the chief guest along with Mr. CP Singh Chauhan, IRS, Jt Development Commissioner SEEPZ and Mr. Senthilnathan, Chairman ECGC. Dr. Ngenge in his inaugural address spoke on the strong bond that the Indian Diamond Industry

Read More »

NDC's Report Reflects Changing Consumer Behaviour

Mumbai: The Natural Diamond Council (NDC) has released the third edition of their Jewellery Trend Report that highlights the upcoming natural diamond trends for the season, with a focus on how these trends bring a new opportunity to start conversations and create consumer desire for these billion-year-old wonders of nature. The report has been compiled with inputs by ‘The Style

Read More »

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