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 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
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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HRD NV to Issue LGD Jewellery Reports
Antwerp: HRD NV of Antwerp will begin will issuing laboratory grown diamond (LGD) jewellery reports. In an online announcement, HRD stated, “Our laboratory has the knowledge and instruments needed to thoroughly analyse your jewellery. Every diamond of the jewellery piece is tested to determine whether it is natural or laboratory grown. If all diamonds set in the jewellery piece are
Synthetic Diamond Wholesale Prices Down 60%
Mumbai: The global mining giant De Beers said wholesale prices for synthetic diamonds eased by up to 60% since the group commenced selling the laboratory-grown stones for jewellery last September. Reuters quoted De Beers chief executive Bruce Cleaver as saying that margins for the sector were projected to continue falling as improved technology increases the quality and volume. “The margins
KP must Expand Definition of "Conflict Diamonds”
New York: World Diamond Council President Stephane Fischler addressed a special meeting of the United Nations’ General Assembly’s 73rd Session in New York regarding the role of diamonds in fueling conflict. Mr. Fischler spoke on behalf of the diamond and jewelry industries in the session entitled “From blood diamonds to peace diamonds: conflict prevention through the Kimberley Process,” and specifically
KP must Grasp Opportunity to Correct its Limitations
New York: With 2019 being the final year of the Kimberley Process’ (KP) three-year review, the organization must grasp an historic opportunity to correct shortfalls in the system designed to prevent conflict diamonds from entering the chain of distribution, World Diamond Council (WDC) President Stephane Fischler will tell a special meeting on the role of diamonds in fuelling conflict, which
HRD NV to Issue LGD Jewellery Reports
Antwerp: HRD NV of Antwerp will begin will issuing laboratory grown diamond (LGD) jewellery reports. In an online announcement, HRD stated, “Our laboratory has the knowledge and instruments needed to thoroughly analyse your jewellery. Every diamond of the jewellery piece is tested to determine whether it is natural or laboratory grown. If all diamonds set in the jewellery piece are
Synthetic Diamond Wholesale Prices Down 60%
Mumbai: The global mining giant De Beers said wholesale prices for synthetic diamonds eased by up to 60% since the group commenced selling the laboratory-grown stones for jewellery last September. Reuters quoted De Beers chief executive Bruce Cleaver as saying that margins for the sector were projected to continue falling as improved technology increases the quality and volume. “The margins
KP must Expand Definition of "Conflict Diamonds”
New York: World Diamond Council President Stephane Fischler addressed a special meeting of the United Nations’ General Assembly’s 73rd Session in New York regarding the role of diamonds in fueling conflict. Mr. Fischler spoke on behalf of the diamond and jewelry industries in the session entitled “From blood diamonds to peace diamonds: conflict prevention through the Kimberley Process,” and specifically
KP must Grasp Opportunity to Correct its Limitations
New York: With 2019 being the final year of the Kimberley Process’ (KP) three-year review, the organization must grasp an historic opportunity to correct shortfalls in the system designed to prevent conflict diamonds from entering the chain of distribution, World Diamond Council (WDC) President Stephane Fischler will tell a special meeting on the role of diamonds in fuelling conflict, which
