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
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Indian Gold Demand fell 8% in Q2: WGC
Mumbai: Global gold demand remained muted in Q2 2018 at 964 tonnes (t), 4% below the same period in 2017, according to the World Gold Council’s (WGC) latest Gold Demand Trends report. Slower inflows into gold-backed exchange-traded funds (ETFs) created a weak comparison against the highs of last year, contributing to the lowest H1 demand since 2009. Whilst China, the
GJEPC Organized 44th Edition of Annual Awards
Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC), the apex industry body organised 44th edition of India Gem & Jewellery Awards at Mumbai to felicitate the names of the winners from gem and jewellery industry in all the categories. The glittering awards ceremony was held in presence of Honorable Union Minister for Commerce and Industry and Civil Aviation, Mr. Suresh Prabhu
IGDA Welcomes FTC’s Revised Jewellery Guides
Morrisville, NC: The International Grown Diamond Association (IGDA) welcomes the revisions introduced by Federal Trade Commission (FTC) to the Jewelry Guides. This revision, which is the Guides’ first major overhaul since 1996, primarily acknowledges technological developments that have led to existence of diamonds that are formed both below and above the ground. In a detailed statement explaining the changes, the FTC notes, “The Commission
De Beers to Proceed With Closure of Voorspoed Mine
Gaborone: De Beers Group today announced that the De Beers Consolidated Mines Proprietary Limited (DBCM) Board has taken the decision to proceed with the responsible closure and rehabilitation of Voorspoed Mine in the Free State Province. This decision follows an extensive, transparent and comprehensive disposal process, which involved a rigorous due diligence exercise on the bidders to acquire the mine. The
Indian Gold Demand fell 8% in Q2: WGC
Mumbai: Global gold demand remained muted in Q2 2018 at 964 tonnes (t), 4% below the same period in 2017, according to the World Gold Council’s (WGC) latest Gold Demand Trends report. Slower inflows into gold-backed exchange-traded funds (ETFs) created a weak comparison against the highs of last year, contributing to the lowest H1 demand since 2009. Whilst China, the
GJEPC Organized 44th Edition of Annual Awards
Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC), the apex industry body organised 44th edition of India Gem & Jewellery Awards at Mumbai to felicitate the names of the winners from gem and jewellery industry in all the categories. The glittering awards ceremony was held in presence of Honorable Union Minister for Commerce and Industry and Civil Aviation, Mr. Suresh Prabhu
IGDA Welcomes FTC’s Revised Jewellery Guides
Morrisville, NC: The International Grown Diamond Association (IGDA) welcomes the revisions introduced by Federal Trade Commission (FTC) to the Jewelry Guides. This revision, which is the Guides’ first major overhaul since 1996, primarily acknowledges technological developments that have led to existence of diamonds that are formed both below and above the ground. In a detailed statement explaining the changes, the FTC notes, “The Commission
De Beers to Proceed With Closure of Voorspoed Mine
Gaborone: De Beers Group today announced that the De Beers Consolidated Mines Proprietary Limited (DBCM) Board has taken the decision to proceed with the responsible closure and rehabilitation of Voorspoed Mine in the Free State Province. This decision follows an extensive, transparent and comprehensive disposal process, which involved a rigorous due diligence exercise on the bidders to acquire the mine. The
