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
India Gold and Jewellery Summit on 22-23 Nov.
New Delhi: The third edition of the India Gold and Jewellery Summit will take place from November 22 to 23 at the Hotel Pullman in Aerocity, New Delhi, and will bring together jewellery businesses and government officials to discuss the industry. The upcoming edition of the summit will focus on six main topics comprising “improving the role of gold in
GIA India Donates Replicas of Famous Diamonds
Mumbai: GIA India is gifting replicas of famous diamonds to Chhatrapati Shivaji Maharaja Vastu Sangrahalaya (CSMVS), Mumbai, for the museum’s new jewellery gallery. The replicas were presented to Mr. Sabyasachi Mukherjee, Director General of CSMVS, by Ms. Nirupa Bhatt, Managing Director of GIA India and Middle East, on Nov. 7. Also present at the ceremony was the consultant co-curator for the jewellery
Substantial Opportunities for Gold: WGC Survey
Mumbai: The World Gold Council (WGC) has launched its new consumer research report highlighting opportunities for gold for those working in both retail investment and jewellery markets. The significant piece of research, with an 18,000-strong sample, looks at a range of markets including China, India, North America, Germany and Russia, and highlights unique insights into attitudes towards and perceptions of gold;
De Beers' 9th Cycle Shows Improved Sentiments
Gaborone: De Beers said it raked in $390 million during the ninth cycle compared with $442 million, a year earlier or $297 million realised during the eighth cycle. “With signs of increasing polished price stability, Cycle 9 saw an improvement in sentiment from rough diamond buyers,” said De Beers chief executive Bruce Cleaver. “Global consumer demand for diamond jewellery at
India Gold and Jewellery Summit on 22-23 Nov.
New Delhi: The third edition of the India Gold and Jewellery Summit will take place from November 22 to 23 at the Hotel Pullman in Aerocity, New Delhi, and will bring together jewellery businesses and government officials to discuss the industry. The upcoming edition of the summit will focus on six main topics comprising “improving the role of gold in
GIA India Donates Replicas of Famous Diamonds
Mumbai: GIA India is gifting replicas of famous diamonds to Chhatrapati Shivaji Maharaja Vastu Sangrahalaya (CSMVS), Mumbai, for the museum’s new jewellery gallery. The replicas were presented to Mr. Sabyasachi Mukherjee, Director General of CSMVS, by Ms. Nirupa Bhatt, Managing Director of GIA India and Middle East, on Nov. 7. Also present at the ceremony was the consultant co-curator for the jewellery
Substantial Opportunities for Gold: WGC Survey
Mumbai: The World Gold Council (WGC) has launched its new consumer research report highlighting opportunities for gold for those working in both retail investment and jewellery markets. The significant piece of research, with an 18,000-strong sample, looks at a range of markets including China, India, North America, Germany and Russia, and highlights unique insights into attitudes towards and perceptions of gold;
De Beers' 9th Cycle Shows Improved Sentiments
Gaborone: De Beers said it raked in $390 million during the ninth cycle compared with $442 million, a year earlier or $297 million realised during the eighth cycle. “With signs of increasing polished price stability, Cycle 9 saw an improvement in sentiment from rough diamond buyers,” said De Beers chief executive Bruce Cleaver. “Global consumer demand for diamond jewellery at
