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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International Tender Center Exceeds Expectations
Ramat Gan: The International Tender Center (ITC), inaugurated by the Israel Diamond Exchange (IDE) in February 2017, has succeeded beyond expectations during its first year of activity. Due to this success, the bourse has announced that the center will be expanded later this year to encompass a venue for live auctions. ITC, a state-of-the-art facility located within the secure premises
61st Bangkok G&J Fair Gets Record Success
Bangkok: The 61st Bangkok Gems and Jewelry Fair, organized by the Department of International Trade Promotion (DITP), Ministry of Commerce, was a resounding success with record breaking trade value to showcase the strength of Thailand’s gems and jewelry industry to the world. Held from February 21-25, 2018 at Challenger Hall 1-3, IMPACT Muang Thong Thani, the 61st edition of Bangkok
New Diamond Deposits Found in Chivi, Zimbabwe
Harare: Rich diamond deposits have been discovered in the Sese area of Chivi, with investors scrambling to start mining the gems that are expected to catapult Masvingo Province into a mining hub. Masvingo already boosts of minerals such as lithium that is mined at Bikita Minerals, gold at Renco Mine and coal, which is mined in the Lowveld. Masvingo Provincial
Emerald Auction in Jaipur Generated $10.8 Mln.
Mumbai: Pallinghurst has announced the results of an auction of predominantly commercial quality rough emerald held by Gemfields Ltd (“Gemfields”, which is 100% owned by Pallinghurst) in Jaipur, India from 19 – 22 February 2018. The emeralds were extracted by Kagem Mining Ltd in Zambia (“Kagem”, which is 75% owned by Gemfields and 25% by the Government of the Republic
International Tender Center Exceeds Expectations
Ramat Gan: The International Tender Center (ITC), inaugurated by the Israel Diamond Exchange (IDE) in February 2017, has succeeded beyond expectations during its first year of activity. Due to this success, the bourse has announced that the center will be expanded later this year to encompass a venue for live auctions. ITC, a state-of-the-art facility located within the secure premises
61st Bangkok G&J Fair Gets Record Success
Bangkok: The 61st Bangkok Gems and Jewelry Fair, organized by the Department of International Trade Promotion (DITP), Ministry of Commerce, was a resounding success with record breaking trade value to showcase the strength of Thailand’s gems and jewelry industry to the world. Held from February 21-25, 2018 at Challenger Hall 1-3, IMPACT Muang Thong Thani, the 61st edition of Bangkok
New Diamond Deposits Found in Chivi, Zimbabwe
Harare: Rich diamond deposits have been discovered in the Sese area of Chivi, with investors scrambling to start mining the gems that are expected to catapult Masvingo Province into a mining hub. Masvingo already boosts of minerals such as lithium that is mined at Bikita Minerals, gold at Renco Mine and coal, which is mined in the Lowveld. Masvingo Provincial
Emerald Auction in Jaipur Generated $10.8 Mln.
Mumbai: Pallinghurst has announced the results of an auction of predominantly commercial quality rough emerald held by Gemfields Ltd (“Gemfields”, which is 100% owned by Pallinghurst) in Jaipur, India from 19 – 22 February 2018. The emeralds were extracted by Kagem Mining Ltd in Zambia (“Kagem”, which is 75% owned by Gemfields and 25% by the Government of the Republic
