Chetan Kumar Mehta Propels Laxmi Diamonds to the Top
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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
GJEPC Appreciates Latest Relaxations by the Govt.
Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) appreciates notifications from the Government of India and the Reserve Bank of India (RBI) which would provide much relief to the country’s export sector during the current pandemic. The first of these relates to a recent announcement made by the Ministry of Commerce & Industry regarding “Relaxations provided on compliances to
UNI.Diamonds and EzCalc Strike Partnership Deal
Ramat Gan: With the pandemic of Coronavirus spreading rapidly all over the world and with members of the diamond and jewellery trades scrambling to find solutions that will enable them to manage their supply chains both remotely and more cost effectively, two of the industry’s most cutting-edge players have announced a partnership with game-changing potential. UNI.Diamonds, operator of the online
India's G&J Exports Continue to Fall
Mumbai: India’s gems and jewellery (G&J) exports are expected to witness a sharp decline in March as well as in the first quarter of the next fiscal due to disruptions caused by the Coronavirus outbreak, says a report. The country has witnessed a continuous decline in exports in all of the 11 months of FY20, with February 2020 being a major disappointment,
De Beers not Holding Sales of its 3rd Cycle
Gaborone: Considering the public health restrictions on the movement of people and product in Botswana, South Africa and India, which prohibit customers from traveling and prevent the shipment of goods to customers’ international operations, the De Beers Group has decided not hold its third Sight of 2020. De Beers Group is enabling Sightholders to defer 100% of their Sight 3
GJEPC Appreciates Latest Relaxations by the Govt.
Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) appreciates notifications from the Government of India and the Reserve Bank of India (RBI) which would provide much relief to the country’s export sector during the current pandemic. The first of these relates to a recent announcement made by the Ministry of Commerce & Industry regarding “Relaxations provided on compliances to
UNI.Diamonds and EzCalc Strike Partnership Deal
Ramat Gan: With the pandemic of Coronavirus spreading rapidly all over the world and with members of the diamond and jewellery trades scrambling to find solutions that will enable them to manage their supply chains both remotely and more cost effectively, two of the industry’s most cutting-edge players have announced a partnership with game-changing potential. UNI.Diamonds, operator of the online
India's G&J Exports Continue to Fall
Mumbai: India’s gems and jewellery (G&J) exports are expected to witness a sharp decline in March as well as in the first quarter of the next fiscal due to disruptions caused by the Coronavirus outbreak, says a report. The country has witnessed a continuous decline in exports in all of the 11 months of FY20, with February 2020 being a major disappointment,
De Beers not Holding Sales of its 3rd Cycle
Gaborone: Considering the public health restrictions on the movement of people and product in Botswana, South Africa and India, which prohibit customers from traveling and prevent the shipment of goods to customers’ international operations, the De Beers Group has decided not hold its third Sight of 2020. De Beers Group is enabling Sightholders to defer 100% of their Sight 3
