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
GJNRF Extends Helping Hand During the Pandemic
Mumbai: Whenever there is a crisis, Gems & Jewellery National Relief Foundation (GJNRF) has been quick to respond and has come forward to help the needy people. This time around, during Covid 19 Pandemic, GJNRF is working with the guidance and advise of Maharashtra Govt. and BMC for the charity work in Mumbai. GJNRF has been reaching out to people
CIBJO Postpones Annual Congress
Milan: CIBJO, the World Jewellery Confederation, has announced that its annual congress, which this year was scheduled to have taken place in Dubai, UAE, October 5 to 7, will be postponed to 2021, as a result of the COVID-19 global pandemic. The decision to postpone the congress was taken during a video conference of the CIBJO Board of Directors, following
Edward Asscher Becomes President of the WDC
New York: Mr. Edward Asscher is the new President of the World Diamond Council (WDC), the international organization that is charged with leading the industry’s effort to prevent conflict diamonds from entering the jewelry supply chain and with representing it in the tripartite Kimberley Process coalition. Formerly the WDC Vice President, he assumed the role during a virtual Board Meeting
Angola to Develop Market Infrastructure
Luanda: Dr. Diamantino Pedro Azevedo, the Minister of Mineral Resources and Petroleum of the Republic of Angola has announced plans to further develop its industry specific market infrastructure and plans to optimise and widen its services to the global diamond trade through the establishment of an Angolan Diamond Hub and an Angolan Diamond Bourse (ADB). Angola has in total 14
GJNRF Extends Helping Hand During the Pandemic
Mumbai: Whenever there is a crisis, Gems & Jewellery National Relief Foundation (GJNRF) has been quick to respond and has come forward to help the needy people. This time around, during Covid 19 Pandemic, GJNRF is working with the guidance and advise of Maharashtra Govt. and BMC for the charity work in Mumbai. GJNRF has been reaching out to people
CIBJO Postpones Annual Congress
Milan: CIBJO, the World Jewellery Confederation, has announced that its annual congress, which this year was scheduled to have taken place in Dubai, UAE, October 5 to 7, will be postponed to 2021, as a result of the COVID-19 global pandemic. The decision to postpone the congress was taken during a video conference of the CIBJO Board of Directors, following
Edward Asscher Becomes President of the WDC
New York: Mr. Edward Asscher is the new President of the World Diamond Council (WDC), the international organization that is charged with leading the industry’s effort to prevent conflict diamonds from entering the jewelry supply chain and with representing it in the tripartite Kimberley Process coalition. Formerly the WDC Vice President, he assumed the role during a virtual Board Meeting
Angola to Develop Market Infrastructure
Luanda: Dr. Diamantino Pedro Azevedo, the Minister of Mineral Resources and Petroleum of the Republic of Angola has announced plans to further develop its industry specific market infrastructure and plans to optimise and widen its services to the global diamond trade through the establishment of an Angolan Diamond Hub and an Angolan Diamond Bourse (ADB). Angola has in total 14
