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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GJEPC Holds 1st Edition of India Gemstone Week
Jaipur: The first edition of India Gemstone Week, organized by Gem & Jewellery Export Promotion Council (GJEPC} was inaugurated yesterday by Union Minister of State for Commerce & Industry, Consumer Affairs, Food and Public Distribution, Mr. C R Chaudhary at a glittering ceremony at Hotel Fair Mont in Pink City. The grand event also marked the presence of eminent dignitaries
Gitanjali is No More a De Beers’ Sightholder
Mumbai: Gitanjali Group owned by Mehul Choksi has lost its prestigious sightholdership with the world’s leading diamond mining company De Beers following his involvement in India’s biggest bank fraud along with his billionaire nephew Nirav Modi, reports The Times of India. In an article published in TOI on February 22, 2018 under the heading ‘Gitanjali may lose De Beers sightholder
Lucara Finds 472 ct. Diamond from Karowe Mine
Gaborone: Lucara Diamond Corp.’s 100% owned Karowe Diamond Mine in Botswana has yielded up another large diamond. This one, at 472 carat, is the third largest stone recovered at Karowe, Lucara said. It is a top light brown gem diamond. Lucara CEO, Eira Thomas commented, “In 2018, mining at Karowe is focused in the high value south lobe, which consistently
Celebrate this Akshay Tritiya with Platinum
Mumbai: Celebrate auspicious Akshaya Tritiya this year with the pure white metal, Platinum. On this day ‘white’ is considered auspicious and is of special significance, for it symbolises purity. The word “Akshaya” means never diminishing in Sanskrit and the occasion is celebrated with white payasam, jasmine flowers; kolam and even white utensils are used for the puja. Platinum is a
GJEPC Holds 1st Edition of India Gemstone Week
Jaipur: The first edition of India Gemstone Week, organized by Gem & Jewellery Export Promotion Council (GJEPC} was inaugurated yesterday by Union Minister of State for Commerce & Industry, Consumer Affairs, Food and Public Distribution, Mr. C R Chaudhary at a glittering ceremony at Hotel Fair Mont in Pink City. The grand event also marked the presence of eminent dignitaries
Gitanjali is No More a De Beers’ Sightholder
Mumbai: Gitanjali Group owned by Mehul Choksi has lost its prestigious sightholdership with the world’s leading diamond mining company De Beers following his involvement in India’s biggest bank fraud along with his billionaire nephew Nirav Modi, reports The Times of India. In an article published in TOI on February 22, 2018 under the heading ‘Gitanjali may lose De Beers sightholder
Lucara Finds 472 ct. Diamond from Karowe Mine
Gaborone: Lucara Diamond Corp.’s 100% owned Karowe Diamond Mine in Botswana has yielded up another large diamond. This one, at 472 carat, is the third largest stone recovered at Karowe, Lucara said. It is a top light brown gem diamond. Lucara CEO, Eira Thomas commented, “In 2018, mining at Karowe is focused in the high value south lobe, which consistently
Celebrate this Akshay Tritiya with Platinum
Mumbai: Celebrate auspicious Akshaya Tritiya this year with the pure white metal, Platinum. On this day ‘white’ is considered auspicious and is of special significance, for it symbolises purity. The word “Akshaya” means never diminishing in Sanskrit and the occasion is celebrated with white payasam, jasmine flowers; kolam and even white utensils are used for the puja. Platinum is a
