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
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The 'Design Connect' Ends with Great Success
Mumbai: Design Connect 2019, a platform for jewellery designers to help connect and collaborate with manufacturers and retailers, was successfully held in Mumbai recently. Organised by Gem and Jewellery Skill Council of India (GJSCI) and Women’s Jewelry Association (WJA) – India Chapter, the event witnessed more than 35 jewellery manufacturers and retailers conducting interview rounds with 100+ jewellery designers. Ms. Nirupa Bhatt,
GJC Seeks Pro Consumer Initiatives in Budget
Mumbai: All India Gem and Jewellery Domestic Council (GJC) has sought reduction in Import Duty on Gold as per of its pre-Union Budget recommendations. GJC Chairman and delegation submitted the pre-Budget recommendations to the Hon. Union Finance Minister. The indigenous Gem & Jewellery industry is predominantly hand crafted and labour intensive. Over 1 crore skilled labour force is engaged in
De Beers' Cycle 5 Sales Drop
De Beers Group’s Cycle 5 2019 (provisional) rough diamond sales (Global Sightholder Sales and Auctions) amounted to US$ 390 million, the lowest for the past 18 months. While Cycle 4 2019 rough diamond sales (actual) amounted to US$ 416 million; sales for Cycle 5 2018 (actual) stood at US$ 581 million. Hence, the latest sale represents a drop of almost
PNG Jewellers Partners with Forevermark Diamonds
Mumbai: PNG Jewellers, a brand that embodies values, trust, and who are strong believers of innovation have partnered with Forevermark, the diamond brand from the De Beers Group, to retail Forevermark diamonds across all their stores in India. Forevermark diamonds are the world’s most carefully selected diamonds, while PNG Jewellers is known for its high standards of precision and quality in crafting their diamond jewellery. The synergy
The 'Design Connect' Ends with Great Success
Mumbai: Design Connect 2019, a platform for jewellery designers to help connect and collaborate with manufacturers and retailers, was successfully held in Mumbai recently. Organised by Gem and Jewellery Skill Council of India (GJSCI) and Women’s Jewelry Association (WJA) – India Chapter, the event witnessed more than 35 jewellery manufacturers and retailers conducting interview rounds with 100+ jewellery designers. Ms. Nirupa Bhatt,
GJC Seeks Pro Consumer Initiatives in Budget
Mumbai: All India Gem and Jewellery Domestic Council (GJC) has sought reduction in Import Duty on Gold as per of its pre-Union Budget recommendations. GJC Chairman and delegation submitted the pre-Budget recommendations to the Hon. Union Finance Minister. The indigenous Gem & Jewellery industry is predominantly hand crafted and labour intensive. Over 1 crore skilled labour force is engaged in
De Beers' Cycle 5 Sales Drop
De Beers Group’s Cycle 5 2019 (provisional) rough diamond sales (Global Sightholder Sales and Auctions) amounted to US$ 390 million, the lowest for the past 18 months. While Cycle 4 2019 rough diamond sales (actual) amounted to US$ 416 million; sales for Cycle 5 2018 (actual) stood at US$ 581 million. Hence, the latest sale represents a drop of almost
PNG Jewellers Partners with Forevermark Diamonds
Mumbai: PNG Jewellers, a brand that embodies values, trust, and who are strong believers of innovation have partnered with Forevermark, the diamond brand from the De Beers Group, to retail Forevermark diamonds across all their stores in India. Forevermark diamonds are the world’s most carefully selected diamonds, while PNG Jewellers is known for its high standards of precision and quality in crafting their diamond jewellery. The synergy
