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 Tariff Lag Effect: Why MCX Prices are Still Below
The week ending May 22 was the digestion week. After the policy shock of the previous week (the steepest gold import duty hike on record, a record-low rupee, and a tightening of the Advance Authorisation scheme), price action paused. MCX gold gained just 0.1%, silver was essentially flat. COMEX gold and silver both declined modestly, by 0.8% and 1.7% respectively. The week’s headline numbers reveal almost nothing about what is actually happening in the Indian gold market right now. The
The Tariff Lag Effect: Why MCX Prices are Still Below
The week ending May 22 was the digestion week. After the policy shock of the previous week (the steepest gold import duty hike on record, a record-low rupee, and a tightening of the Advance Authorisation scheme), price action paused. MCX gold gained just 0.1%, silver was essentially flat. COMEX gold and silver both declined modestly, by 0.8% and 1.7% respectively. The week’s headline numbers reveal almost nothing about what is actually happening in the Indian gold market right now. The
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Antwerp Diamond Industry to Open Gradually
Antwerp: Belgium has been in lockdown state for almost two months since mid-March 2020. Now, media reports say the country is beginning to ease the situation. This will mean the opening up of the diamond district in Antwerp among other industries in the country. The nationwide lockdown, on account of the coronavirus had “virtually halted business” in the world’s largest
India Imported only 50 kg. Gold in April 2020
Mumbai: India imported a mere 50 kg of gold valued at US$ 2.84 million during the month of April 2020 as against the 110.18 tonnes valued at US$ 3.97 billion in the same month a year ago, as the countrywide lockdown and the ban on air travel brought trade in the yellow metal as well as in gold jewellery to
GJEPC Offices in Jaipur and Surat Reopen Partially
Jaipur: Two key regional offices of The Gem & Jewellery Export Promotion Council (GJEPC) – in Jaipur and Surat – resumed partial operations with all safety measures in place as the Government of India eased the lockdown restrictions in certain parts of the country. Jaipur, the centre of India’s loose coloured gemstone trade and an important manufacturing centre for coloured
Gemfields Becomes Member of World-Leading VPSHR
Mumbai: Gemfields has become the first – and the only – gemstone company to be recognised as a corporate member by Voluntary Principles. A globally recognised initiative by governments, companies and NGOs to confront human rights abuses and violations, the Voluntary Principles on Security and Human Rights (VPSHR) have now become the common standard implemented across a variety of industries,
Antwerp Diamond Industry to Open Gradually
Antwerp: Belgium has been in lockdown state for almost two months since mid-March 2020. Now, media reports say the country is beginning to ease the situation. This will mean the opening up of the diamond district in Antwerp among other industries in the country. The nationwide lockdown, on account of the coronavirus had “virtually halted business” in the world’s largest
India Imported only 50 kg. Gold in April 2020
Mumbai: India imported a mere 50 kg of gold valued at US$ 2.84 million during the month of April 2020 as against the 110.18 tonnes valued at US$ 3.97 billion in the same month a year ago, as the countrywide lockdown and the ban on air travel brought trade in the yellow metal as well as in gold jewellery to
GJEPC Offices in Jaipur and Surat Reopen Partially
Jaipur: Two key regional offices of The Gem & Jewellery Export Promotion Council (GJEPC) – in Jaipur and Surat – resumed partial operations with all safety measures in place as the Government of India eased the lockdown restrictions in certain parts of the country. Jaipur, the centre of India’s loose coloured gemstone trade and an important manufacturing centre for coloured
Gemfields Becomes Member of World-Leading VPSHR
Mumbai: Gemfields has become the first – and the only – gemstone company to be recognised as a corporate member by Voluntary Principles. A globally recognised initiative by governments, companies and NGOs to confront human rights abuses and violations, the Voluntary Principles on Security and Human Rights (VPSHR) have now become the common standard implemented across a variety of industries,
