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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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

Read More »

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Be Vigilant against Diamond Purchase from CAR: WDC

Antwerp: The World Diamond Council, on the eve of its AGM in Antwerp has reiterated its call to members of the industry to practice the utmost caution when considering the purchase of goods that are known to have originated or are suspected to have originated in the Central African Republic (CAR). It said that legitimate purchases can be made only

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Mubri Organized 4th International Meeting

Cuenca, Ecuador: From September 30th to October 2nd took place the Fourth World Meeting of the International Mubri – Mujeres Brillantes Association, whose main mission is to help women ( and most recently some men) to advance and develop in the jeweler sector through education, mentorship and networking. The chosen city was Cuenca, Ecuador, better known as World Heritage according

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‘Diamonds-Are they Forever?’: Seminar by GIA India

Surat: GIA India organised a seminar on “Diamonds – Are They Forever?” to help customers of Cygnus Jewellery in Surat, Gujarat, gain knowledge and confidence. More than 60 diamond connoiseurs and buyers of diamond jewellery attended the seminar on Sept. 19. GIA Instructor Vijay Parmar shared insights on diamonds and their properties, the famous 4Cs of Diamond Quality – Color, Clarity,

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Rio Tinto Unveils $1.1 mln. Argyle Diamond Jewellery

Perth: Rio Tinto has unveiled in New York an iconic piece of jewellery handcrafted using Argyle diamonds from its Australian mine and gold that has been mined and minted by Rio Tinto in the US. The US$1.1 million necklace and ring known as Argyle Dreaming™, was created by famed international designer, master craftsman and jeweller John Calleija. The one-off necklace

Read More »

Be Vigilant against Diamond Purchase from CAR: WDC

Antwerp: The World Diamond Council, on the eve of its AGM in Antwerp has reiterated its call to members of the industry to practice the utmost caution when considering the purchase of goods that are known to have originated or are suspected to have originated in the Central African Republic (CAR). It said that legitimate purchases can be made only

Read More »

Mubri Organized 4th International Meeting

Cuenca, Ecuador: From September 30th to October 2nd took place the Fourth World Meeting of the International Mubri – Mujeres Brillantes Association, whose main mission is to help women ( and most recently some men) to advance and develop in the jeweler sector through education, mentorship and networking. The chosen city was Cuenca, Ecuador, better known as World Heritage according

Read More »

‘Diamonds-Are they Forever?’: Seminar by GIA India

Surat: GIA India organised a seminar on “Diamonds – Are They Forever?” to help customers of Cygnus Jewellery in Surat, Gujarat, gain knowledge and confidence. More than 60 diamond connoiseurs and buyers of diamond jewellery attended the seminar on Sept. 19. GIA Instructor Vijay Parmar shared insights on diamonds and their properties, the famous 4Cs of Diamond Quality – Color, Clarity,

Read More »

Rio Tinto Unveils $1.1 mln. Argyle Diamond Jewellery

Perth: Rio Tinto has unveiled in New York an iconic piece of jewellery handcrafted using Argyle diamonds from its Australian mine and gold that has been mined and minted by Rio Tinto in the US. The US$1.1 million necklace and ring known as Argyle Dreaming™, was created by famed international designer, master craftsman and jeweller John Calleija. The one-off necklace

Read More »

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