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
Top News
De Beers Reports Lower Production & Sales in 2019
London: De Beers has reported lower production, sales and underlying earnings for 2019 as it faced “significant challenges for rough diamond demand”. It predicted the return to “a more balanced position” of stock levels and an increase in production in 2020 in its preliminary financial results for last year, published recently. But it sounded a note of caution over a
DP Jewellers Launches Forevermark at its Store
Indore: With a legacy of almost 80 years, DP Jewellers has partnered with Forevermark, the diamond brand from the De Beers Group by launching the brand at their jewellery store in Indore. Forevermark diamonds are the world’s most carefully selected diamonds, while DP Jewellers enjoy the customer’s trust to offer some of the best designs in finest quality. The synergies of these two brands has brought
Bharat Diamond Week from 5th to 7th Aug 2020
Mumbai: The Bharat Diamond Bourse (BDB), the largest diamond bourse in the world, has announced the dates for the fourth edition of the Bharat Diamond Week (BDW), the world’s biggest polished diamond and diamond jewellery show. The fourth edition of the show will run from August 5-7 at the BDB in Mumbai, India. The event is expected to be a
ORRA Launches Largest Store in Nagpur
Nagpur: Actress Bhumi Pednekar launched the largest store of ORRA (3,500 sq. ft.), the bridal jewellery brand for the style-conscious women of today and brides, in Nagpur. Mr. Dipu Mehta (Promoter of ORRA) and Mr. Cecil de Santa Maria (COO, ORRA) were also present on the occasion. The first-of-its-kind Bridal Jewellery Zone in the ORRA store helps brides and their families
De Beers Reports Lower Production & Sales in 2019
London: De Beers has reported lower production, sales and underlying earnings for 2019 as it faced “significant challenges for rough diamond demand”. It predicted the return to “a more balanced position” of stock levels and an increase in production in 2020 in its preliminary financial results for last year, published recently. But it sounded a note of caution over a
DP Jewellers Launches Forevermark at its Store
Indore: With a legacy of almost 80 years, DP Jewellers has partnered with Forevermark, the diamond brand from the De Beers Group by launching the brand at their jewellery store in Indore. Forevermark diamonds are the world’s most carefully selected diamonds, while DP Jewellers enjoy the customer’s trust to offer some of the best designs in finest quality. The synergies of these two brands has brought
Bharat Diamond Week from 5th to 7th Aug 2020
Mumbai: The Bharat Diamond Bourse (BDB), the largest diamond bourse in the world, has announced the dates for the fourth edition of the Bharat Diamond Week (BDW), the world’s biggest polished diamond and diamond jewellery show. The fourth edition of the show will run from August 5-7 at the BDB in Mumbai, India. The event is expected to be a
ORRA Launches Largest Store in Nagpur
Nagpur: Actress Bhumi Pednekar launched the largest store of ORRA (3,500 sq. ft.), the bridal jewellery brand for the style-conscious women of today and brides, in Nagpur. Mr. Dipu Mehta (Promoter of ORRA) and Mr. Cecil de Santa Maria (COO, ORRA) were also present on the occasion. The first-of-its-kind Bridal Jewellery Zone in the ORRA store helps brides and their families
