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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De Beers Ties up with IIG India for Education

Mumbai: De Beers Group Institute of Diamonds is pleased to announce that it is partnering with the International Institute of Gemology in India (IIG) to deliver diamond education courses throughout India. The IIG has been operating for more than 50 years and is recognised as a leader in gemology and in diamond and jewellery education in India. Jodine Perrin, Director

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Seminar on LGDs and Jewellery Opportunity

Vadodara: 285 jewellery retailers attended a business development seminar at Jewell’s event, Prarambh. It saw an overwhelming attendance by reputed jewellers and premium members of Jewelxy. They engaged in a knowledge exchange on ‘Lab grown Diamonds (LGDs) and Jewellery opportunity for retailers’. International Institute of Gemology (IIG) served as the knowledge partner of the event. The seminar started with a

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Gemfields Ruby Auction Generates USD 50 Mln.

London: Gemfields has announced the results of an auction of rough rubies in Singapore from 11 – 15 June 2019. The rough rubies were extracted from the licence, held and operated by Montepuez Ruby Mining Limitada (“MRM”), which is 75% owned by Gemfields and 25% by local partner Mwiriti Limitada. Highlights – Ruby Auction:• Auction revenues of USD 50.0 million;•

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HRD Antwerp Opens New Drop-off Point in London

Antwerp: HRD Antwerp announced its expansion into the UK market with the opening of a new drop-off point in London’s Hatton Garden. The supply of laboratory grown diamonds is ever increasing. As a result, jewellers are unknowingly selling jewellery which features a mix of natural and lab-grown diamonds. HRD Antwerp is pleased to announce a new service for jewellery grading

Read More »

De Beers Ties up with IIG India for Education

Mumbai: De Beers Group Institute of Diamonds is pleased to announce that it is partnering with the International Institute of Gemology in India (IIG) to deliver diamond education courses throughout India. The IIG has been operating for more than 50 years and is recognised as a leader in gemology and in diamond and jewellery education in India. Jodine Perrin, Director

Read More »

Seminar on LGDs and Jewellery Opportunity

Vadodara: 285 jewellery retailers attended a business development seminar at Jewell’s event, Prarambh. It saw an overwhelming attendance by reputed jewellers and premium members of Jewelxy. They engaged in a knowledge exchange on ‘Lab grown Diamonds (LGDs) and Jewellery opportunity for retailers’. International Institute of Gemology (IIG) served as the knowledge partner of the event. The seminar started with a

Read More »

Gemfields Ruby Auction Generates USD 50 Mln.

London: Gemfields has announced the results of an auction of rough rubies in Singapore from 11 – 15 June 2019. The rough rubies were extracted from the licence, held and operated by Montepuez Ruby Mining Limitada (“MRM”), which is 75% owned by Gemfields and 25% by local partner Mwiriti Limitada. Highlights – Ruby Auction:• Auction revenues of USD 50.0 million;•

Read More »

HRD Antwerp Opens New Drop-off Point in London

Antwerp: HRD Antwerp announced its expansion into the UK market with the opening of a new drop-off point in London’s Hatton Garden. The supply of laboratory grown diamonds is ever increasing. As a result, jewellers are unknowingly selling jewellery which features a mix of natural and lab-grown diamonds. HRD Antwerp is pleased to announce a new service for jewellery grading

Read More »

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