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
Rio Tinto Reveals Rare Large White Diamond
Perth: Rio Tinto’s Argyle diamond mine has produced one of the largest gem quality white diamonds in its 35 year history. The 28.84 carat gem quality white diamond was recovered from the east Kimberley mine in March 2019. Named Argyle Octavia™ in recognition of its beautiful octahedral shape, this rough diamond will be sold by tender in Antwerp later this
CIBJO Presents Plan to Promote Responsible Sourcing
Paris: Speaking in Paris today to a plenary session of the 13th Forum on Responsible Mineral Supply Chains of the Organisation for Economic Co-operation and Development (OECD), CIBJO President Gaetano Cavalieri has delineated a comprehensive plan for promoting responsible sourcing practices throughout the jewellery, gemstone and precious metals sectors, which includes the release this past January of CIBJO’s new Responsible
Nancy Liu Promoted as CEO of Forevermark
London: De Beers Group has announced through an official press release that Ms. Nancy Liu would become the new Forevermark CEO, stepping up from her current role as COO and taking over the day to day responsibility for the leading diamond brand. Stephen Lussier, Executive Vice-President of Consumer & Brands for De Beers Group, will continue to oversee the strategic
PNG Jewellers Opens Franchise Store in Dombivli
Mumbai: PNG Jewellers has launched its next franchise store in Dombivli. Inauguration of the store was done by the rising Bollywood star and one of the crowned jewels of the Marathi film industry Amruta Khanvilkar. The new store will offer a wide range of PNG’s signature gold, silver and diamond jewellery. Spread across 2500 sq.ft, this spacious store offers advanced
Rio Tinto Reveals Rare Large White Diamond
Perth: Rio Tinto’s Argyle diamond mine has produced one of the largest gem quality white diamonds in its 35 year history. The 28.84 carat gem quality white diamond was recovered from the east Kimberley mine in March 2019. Named Argyle Octavia™ in recognition of its beautiful octahedral shape, this rough diamond will be sold by tender in Antwerp later this
CIBJO Presents Plan to Promote Responsible Sourcing
Paris: Speaking in Paris today to a plenary session of the 13th Forum on Responsible Mineral Supply Chains of the Organisation for Economic Co-operation and Development (OECD), CIBJO President Gaetano Cavalieri has delineated a comprehensive plan for promoting responsible sourcing practices throughout the jewellery, gemstone and precious metals sectors, which includes the release this past January of CIBJO’s new Responsible
Nancy Liu Promoted as CEO of Forevermark
London: De Beers Group has announced through an official press release that Ms. Nancy Liu would become the new Forevermark CEO, stepping up from her current role as COO and taking over the day to day responsibility for the leading diamond brand. Stephen Lussier, Executive Vice-President of Consumer & Brands for De Beers Group, will continue to oversee the strategic
PNG Jewellers Opens Franchise Store in Dombivli
Mumbai: PNG Jewellers has launched its next franchise store in Dombivli. Inauguration of the store was done by the rising Bollywood star and one of the crowned jewels of the Marathi film industry Amruta Khanvilkar. The new store will offer a wide range of PNG’s signature gold, silver and diamond jewellery. Spread across 2500 sq.ft, this spacious store offers advanced
