Chetan Kumar Mehta Propels Laxmi Diamonds to the Top
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Platinum is Set to Become the Metal of Choice: Sujala Martis
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The 200-Day Held: Now Comes the Test That Decides Whether the Bounce is a Reversal
Macro Snapshot: The week ending July 3 broke a five-week decline for both gold and silver. Gold posted its first weekly gain since late May and silver led the recovery with a much larger move. The trigger was a weaker-than-expected US jobs report, which reset rate-hike expectations and pushed the dollar to its largest weekly decline since April. Layered underneath were two other significant developments: the release of the World Gold Council’s Mid-Year Outlook on Tuesday July 1 (covered in
The 200-Day Held: Now Comes the Test That Decides Whether the Bounce is a Reversal
Macro Snapshot: The week ending July 3 broke a five-week decline for both gold and silver. Gold posted its first weekly gain since late May and silver led the recovery with a much larger move. The trigger was a weaker-than-expected US jobs report, which reset rate-hike expectations and pushed the dollar to its largest weekly decline since April. Layered underneath were two other significant developments: the release of the World Gold Council’s Mid-Year Outlook on Tuesday July 1 (covered in
Top News
Federation of Swiss Watch Ind. is Member of CIBJO
Milan: CIBJO, the World Jewellery Confederation, has announced that its Board of Directors has confirmed the membership of the Federation of the Swiss Watch Industry FH. CIBJO President Gaetano Cavalieri welcomed the decision, stating that it underscores the convergent interests of the watch, jewellery and gemstones industries, and the need for all to work together to protect consumer confidence and
Alrosa Extends its Existing Rough Supply Contracts
Moscow: Alrosa extended its existing rough diamond supply contracts through Q2 2021 after a thorough analysis of the market situation and its clients’ needs, as part of the preparation of new three-year arrangements. The company said the adaptation of its supply to real demand is aimed at ensuring support for an emerging supply demand balance. During Q1 2021, Alrosa hosted
Distinguishing the Afghan Emeralds from Others
Basel: The first detailed study characterising an emerald type from Afghanistan that has recently become available in the gemstone trade has been prepared by a team of scientists from the Swiss Gemmological Institute SSEF, and published in the most recent edition of Journal of Gemmology. One of the challenges posed by such emeralds is that they are on occasion mislabeled
Jonathan Kendall Appointed Executive VP of CIBJO
Milan: CIBJO, the World Jewellery Confederation, has announced the appointment of Jonathan Kendall as the association’s Executive Vice President. His nomination was tabled by CIBJO President Gaetano Cavalieri and approved by the CIBJO Board of Directors. Long active in CIBJO, Jonathan has served for years as President of the Confederation’s Marketing & Education Commission, authoring a series of guides on
Federation of Swiss Watch Ind. is Member of CIBJO
Milan: CIBJO, the World Jewellery Confederation, has announced that its Board of Directors has confirmed the membership of the Federation of the Swiss Watch Industry FH. CIBJO President Gaetano Cavalieri welcomed the decision, stating that it underscores the convergent interests of the watch, jewellery and gemstones industries, and the need for all to work together to protect consumer confidence and
Alrosa Extends its Existing Rough Supply Contracts
Moscow: Alrosa extended its existing rough diamond supply contracts through Q2 2021 after a thorough analysis of the market situation and its clients’ needs, as part of the preparation of new three-year arrangements. The company said the adaptation of its supply to real demand is aimed at ensuring support for an emerging supply demand balance. During Q1 2021, Alrosa hosted
Distinguishing the Afghan Emeralds from Others
Basel: The first detailed study characterising an emerald type from Afghanistan that has recently become available in the gemstone trade has been prepared by a team of scientists from the Swiss Gemmological Institute SSEF, and published in the most recent edition of Journal of Gemmology. One of the challenges posed by such emeralds is that they are on occasion mislabeled
Jonathan Kendall Appointed Executive VP of CIBJO
Milan: CIBJO, the World Jewellery Confederation, has announced the appointment of Jonathan Kendall as the association’s Executive Vice President. His nomination was tabled by CIBJO President Gaetano Cavalieri and approved by the CIBJO Board of Directors. Long active in CIBJO, Jonathan has served for years as President of the Confederation’s Marketing & Education Commission, authoring a series of guides on
