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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GAGE College Principal Visits IIG, Mumbai

Mumbai: Mr. Moges Girma, Principal of GAGE College, Addis Ababa, Ethiopia, visited the International Institute of Gemology on the 30th August. 2019. He was keen to see the variety of courses offered by IIG in the gems and jewellery sector, and admired how IIG emphasized on practical training than just theory-based courses. Mr. Rahul Desai hopes to form a new

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Jewellery Design in Limelight at JNA Conference

Hong Kong: JNA, the publication of Informa Markets’ Jewellery Group, will chart jewellery designers’ fascinating creative process from mind to market in its conference during the September Hong Kong Jewellery & Gem Fair 2019 in Hong Kong, China. The JNA Conference: “From Inspiration to Innovation – The Designer’s Journey of Creativity” takes place on 19 September 2019 from 3pm to 5pm at Rooms S426

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Karisma Kapoor Unveils Forevermark Festive Collection

Mumbai: OM Jewellers launched their festive collection crafted with genuine, natural Forevermark diamonds. Film star Karisma Kapoor graced the occasion at their Borivali, Mumbai store yesterday. Highlighting the exquisite brilliance of a Forevermark diamond, OM Jewellers has expertly curated 300 gorgeous pieces crafted in beautiful, rare and responsibly sourced diamonds making it ideal to gift or self-purchase during the festive season. Each of the designs

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De Beers Sales Continues to Drop

Gaborone: The seventh cycle of De Beers has generated $280 million, a whopping 44% less than the $503 of the same cycle in 2018. The current sales number is slightly higher than the $280 in the sixth cycle. Mr. Bruce Cleaver, CEO, De Beers Group, said, “With midstream participants continuing to work down polished diamond inventory levels and reduced levels

Read More »

GAGE College Principal Visits IIG, Mumbai

Mumbai: Mr. Moges Girma, Principal of GAGE College, Addis Ababa, Ethiopia, visited the International Institute of Gemology on the 30th August. 2019. He was keen to see the variety of courses offered by IIG in the gems and jewellery sector, and admired how IIG emphasized on practical training than just theory-based courses. Mr. Rahul Desai hopes to form a new

Read More »

Jewellery Design in Limelight at JNA Conference

Hong Kong: JNA, the publication of Informa Markets’ Jewellery Group, will chart jewellery designers’ fascinating creative process from mind to market in its conference during the September Hong Kong Jewellery & Gem Fair 2019 in Hong Kong, China. The JNA Conference: “From Inspiration to Innovation – The Designer’s Journey of Creativity” takes place on 19 September 2019 from 3pm to 5pm at Rooms S426

Read More »

Karisma Kapoor Unveils Forevermark Festive Collection

Mumbai: OM Jewellers launched their festive collection crafted with genuine, natural Forevermark diamonds. Film star Karisma Kapoor graced the occasion at their Borivali, Mumbai store yesterday. Highlighting the exquisite brilliance of a Forevermark diamond, OM Jewellers has expertly curated 300 gorgeous pieces crafted in beautiful, rare and responsibly sourced diamonds making it ideal to gift or self-purchase during the festive season. Each of the designs

Read More »

De Beers Sales Continues to Drop

Gaborone: The seventh cycle of De Beers has generated $280 million, a whopping 44% less than the $503 of the same cycle in 2018. The current sales number is slightly higher than the $280 in the sixth cycle. Mr. Bruce Cleaver, CEO, De Beers Group, said, “With midstream participants continuing to work down polished diamond inventory levels and reduced levels

Read More »

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