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?
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
De Beers’ Jan Sight Earns Highest in Three Years
Gaborone: De Beers sold $650 million worth of rough diamonds at its first sales Sight of the year – “the highest figure” since January 2018. In the last Sight of 2020, De Beers sold $452 million worth of rough, while in the corresponding Sight of 2020 (Sight 1), De Beers sold $551 million worth of rough. Mr. Bruce Cleaver, CEO
Long-term Outlook for Diamond Industry is Positive
Antwerp: Bain & Company and the Antwerp World Diamond Centre (AWDC) have published their tenth joint annual report on the global diamond industry. The report covers the diamond and jewellery industry’s performance during 2019, the effects of the Covid-19 pandemic in 2020, and presents an update on consumer preferences and attitudes. The report also offers an assessment of possible scenarios
Anika is President of MMTC-PAMP Consu. Business
Mumbai: The MMTC-PAMP, India’s first and only London Bullion Market Association (LBMA) accredited Good Delivery refinery for Gold and Silver yesterday announced the appointment of Anika Agarwal as President – Consumer Business. Anika would be responsible for building and delivering the strategy to build MMTC PAMP’s brand and footprint in India across the Physical and Digital spaces. She will report
GJSCI Kick Starts Pilot Project of JADE
Mumbai: The Indian gems and jewellery industry recently witnessed the virtual launch of GJSCI’s Centre for J.A.D.E. (Jewellery Artificial Intelligence & Data Science Excellence) on 30th November, 2020. To give one an insight of the concept, J.A.D.E. is a Centre of Excellence (COE) of Artificial Intelligence (AI) that focuses on the use of AI for Indian gems and jewellery industry.
De Beers’ Jan Sight Earns Highest in Three Years
Gaborone: De Beers sold $650 million worth of rough diamonds at its first sales Sight of the year – “the highest figure” since January 2018. In the last Sight of 2020, De Beers sold $452 million worth of rough, while in the corresponding Sight of 2020 (Sight 1), De Beers sold $551 million worth of rough. Mr. Bruce Cleaver, CEO
Long-term Outlook for Diamond Industry is Positive
Antwerp: Bain & Company and the Antwerp World Diamond Centre (AWDC) have published their tenth joint annual report on the global diamond industry. The report covers the diamond and jewellery industry’s performance during 2019, the effects of the Covid-19 pandemic in 2020, and presents an update on consumer preferences and attitudes. The report also offers an assessment of possible scenarios
Anika is President of MMTC-PAMP Consu. Business
Mumbai: The MMTC-PAMP, India’s first and only London Bullion Market Association (LBMA) accredited Good Delivery refinery for Gold and Silver yesterday announced the appointment of Anika Agarwal as President – Consumer Business. Anika would be responsible for building and delivering the strategy to build MMTC PAMP’s brand and footprint in India across the Physical and Digital spaces. She will report
GJSCI Kick Starts Pilot Project of JADE
Mumbai: The Indian gems and jewellery industry recently witnessed the virtual launch of GJSCI’s Centre for J.A.D.E. (Jewellery Artificial Intelligence & Data Science Excellence) on 30th November, 2020. To give one an insight of the concept, J.A.D.E. is a Centre of Excellence (COE) of Artificial Intelligence (AI) that focuses on the use of AI for Indian gems and jewellery industry.
