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?
Silver Leads the Recovery: Bearish Move Shows First Signs of Exhaustion
Macro Snapshot: The week ending May 1 was dominated by Powell’s final FOMC meeting on April 28-29, which delivered the headline outcome markets expected — a hold at 3.50-3.75% — but with a far more contentious internal split than anticipated. The committee voted 8-4 to hold (some sources reported 11-1, but the dissent count of four is firmer), with Stephen Miran preferring an immediate quarter-point cut and three others — Hammack, Kashkari, Logan — supporting the hold but opposing the
Silver Leads the Recovery: Bearish Move Shows First Signs of Exhaustion
Macro Snapshot: The week ending May 1 was dominated by Powell’s final FOMC meeting on April 28-29, which delivered the headline outcome markets expected — a hold at 3.50-3.75% — but with a far more contentious internal split than anticipated. The committee voted 8-4 to hold (some sources reported 11-1, but the dissent count of four is firmer), with Stephen Miran preferring an immediate quarter-point cut and three others — Hammack, Kashkari, Logan — supporting the hold but opposing the
Top News
RZ Murowa Holdings Ltd. Joins DPA
Mumbai: The Diamond Producers Association (DPA) has announced that RZ Murowa Holdings Ltd., majority owner and operator of Murowa Diamonds Private Ltd. (“Murowa Diamonds”), has joined the DPA, effective 1 July. Murowa Diamonds operates the Murowa mine in Zimbabwe, which was purchased from Rio Tinto in 2015 and expanded significantly under its new leadership. Manit M. Shah, Chief Operating Officer
Global Diamond Jewellery Sales Reach Record High
Mumbai: The Millennial and Gen Z generations combined accounted for two-thirds of global diamond jewellery sales in 2017, as diamond jewellery demand reached a new record high of US$82 billion, according to data published today by De Beers Group in its latest Diamond Insight Report. Millennials, those people currently aged 21 to 39, represent 29 per cent of the world’s population and
CIBJO Releases Ethics Commission Special Report
Milan: With fewer than five weeks to go to the opening of the 2018 CIBJO Congress in Bogotá, Colombia, on October 15, 2018, the fifth of the CIBJO commissions’ Special Reports has been released. Prepared by the CIBJO Ethics Commission, headed by Tiffany C. Stevens, the report focuses exclusively on the newly revised Guides for the Jewelry, Precious Metals, and Pewter Industries, released in
IIG Hosts Exclusive Talk with Arunkumar Mehta
Mumbai: The International Institute of Gemology (IIG) recently hosted a seminar by Mr. Arunkumar Mehta, founder of Rosy Blue, one of the world’s leading diamantaires with a presence in 12 countries globally. Over the course of the talk, Mr. Mehta shared valuable insights into the diamond industry in India. He explored the history of the industry, noting that when he
RZ Murowa Holdings Ltd. Joins DPA
Mumbai: The Diamond Producers Association (DPA) has announced that RZ Murowa Holdings Ltd., majority owner and operator of Murowa Diamonds Private Ltd. (“Murowa Diamonds”), has joined the DPA, effective 1 July. Murowa Diamonds operates the Murowa mine in Zimbabwe, which was purchased from Rio Tinto in 2015 and expanded significantly under its new leadership. Manit M. Shah, Chief Operating Officer
Global Diamond Jewellery Sales Reach Record High
Mumbai: The Millennial and Gen Z generations combined accounted for two-thirds of global diamond jewellery sales in 2017, as diamond jewellery demand reached a new record high of US$82 billion, according to data published today by De Beers Group in its latest Diamond Insight Report. Millennials, those people currently aged 21 to 39, represent 29 per cent of the world’s population and
CIBJO Releases Ethics Commission Special Report
Milan: With fewer than five weeks to go to the opening of the 2018 CIBJO Congress in Bogotá, Colombia, on October 15, 2018, the fifth of the CIBJO commissions’ Special Reports has been released. Prepared by the CIBJO Ethics Commission, headed by Tiffany C. Stevens, the report focuses exclusively on the newly revised Guides for the Jewelry, Precious Metals, and Pewter Industries, released in
IIG Hosts Exclusive Talk with Arunkumar Mehta
Mumbai: The International Institute of Gemology (IIG) recently hosted a seminar by Mr. Arunkumar Mehta, founder of Rosy Blue, one of the world’s leading diamantaires with a presence in 12 countries globally. Over the course of the talk, Mr. Mehta shared valuable insights into the diamond industry in India. He explored the history of the industry, noting that when he
