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

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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

Read More »

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IIJS Signature Promotes India’s Traditional Skills

Mumbai: The Crafts Pavilion, promoted by the Gem & Jewellery Skill Council of India (GJSCI) at IIJS Signature 2020, had turned the spotlight on three of the country’s spectacular traditional jewellery making crafts, with the aim of helping to revive, modernise and eventually market these localised art forms. A visit to the comparatively simply decorated stall at the show revealed

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Leaders Felicitated with National Jewellery Awards

Mumbai: It was a night to remember as the stars of the gem & jewellery sector walked away with their trophies even as Bollywood stars cheered them on for their achievements! 35 awards in 8 categories were given away at the 9th edition of the annual National Jewellery Awards (NJA Awards 2019), an initiative by the All India Gem and Jewellery Domestic Council

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Star Rays: India’s 1st Carbon Neutral Diamond Co.

Mumbai: Star Rays, a leading Indian diamond manufacturer and exporter, has underlined its commitment to sustainable business practices by working towards becoming India’s first carbon-neutral diamond company. Star Rays is participating in the World Jewellery Confederation’s (CIBJO) Greenhouse Gas (GHG) Measuring and Offsetting Initiative to ensure that its carbon emissions and removals are measured in accordance with international standards.  

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Rajesh Exports Reports Strong Orders, 40% Net Cash

Bengaluru: (By Evaluate Research) : Rajesh Exports reported positive growth in net profit on a QoQ and YoY basis despite a blip in revenues due to a global economic slowdown and a higher gold price. Revenues for the fiscal third quarter [ended December] came in at Rs.406 bn, down 8% on a YoY basis. However, the strategy to focus on the sale of high margin products

Read More »

IIJS Signature Promotes India’s Traditional Skills

Mumbai: The Crafts Pavilion, promoted by the Gem & Jewellery Skill Council of India (GJSCI) at IIJS Signature 2020, had turned the spotlight on three of the country’s spectacular traditional jewellery making crafts, with the aim of helping to revive, modernise and eventually market these localised art forms. A visit to the comparatively simply decorated stall at the show revealed

Read More »

Leaders Felicitated with National Jewellery Awards

Mumbai: It was a night to remember as the stars of the gem & jewellery sector walked away with their trophies even as Bollywood stars cheered them on for their achievements! 35 awards in 8 categories were given away at the 9th edition of the annual National Jewellery Awards (NJA Awards 2019), an initiative by the All India Gem and Jewellery Domestic Council

Read More »

Star Rays: India’s 1st Carbon Neutral Diamond Co.

Mumbai: Star Rays, a leading Indian diamond manufacturer and exporter, has underlined its commitment to sustainable business practices by working towards becoming India’s first carbon-neutral diamond company. Star Rays is participating in the World Jewellery Confederation’s (CIBJO) Greenhouse Gas (GHG) Measuring and Offsetting Initiative to ensure that its carbon emissions and removals are measured in accordance with international standards.  

Read More »

Rajesh Exports Reports Strong Orders, 40% Net Cash

Bengaluru: (By Evaluate Research) : Rajesh Exports reported positive growth in net profit on a QoQ and YoY basis despite a blip in revenues due to a global economic slowdown and a higher gold price. Revenues for the fiscal third quarter [ended December] came in at Rs.406 bn, down 8% on a YoY basis. However, the strategy to focus on the sale of high margin products

Read More »

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