Chetan Kumar Mehta Propels Laxmi Diamonds to the Top
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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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Antwerp Diamond Trade Stabilizes in 2017
Antwerp: After a very difficult 2015, the Antwerp diamond trade stabilized in 2016. This trend continued over past year as the industry traded a total of $US46 billion in diamonds. In 2017, a total of 233.6 million carats of diamonds were imported to and exported from Antwerp. This again represents an increase in the volume of diamonds traded, with a
IDE Launches Official Partnership with Alibaba.com
Ramat Gan: The Israel Diamond Exchange (IDE) yesterday officially launched a partnership with Alibaba.com, making it the first diamond bourse to offer polished diamonds and diamond jewellery on the platform, directly from the source. Alibaba.com is the leading platform for global wholesale trade, serving millions of buyers and suppliers around the world. The launch was announced during the International Diamond
Forevermark Launches at Madanji Meghraj Jewellers
Kolkata: Madanji Meghraj jewellers, one of the most recognised names for precious jewellery in Kolkata since 1901, have partnered with Forevermark, the diamond brand from the De Beers Group of Companies, by launching the brand at their store in Kolkata. Forevermark diamonds are the world’s most carefully selected diamonds. Each Forevermark diamond undergoes a journey of rigorous selection and bears
Compensation of Millions Claimed over Diamond Heist
Brussels: Five years after the spectacular theft of diamonds from a Helvetic Airways plane, operator Swiss International Air Lines is demanding 48.4 million francs in compensation, reports thelocal.ch. A lawyer for the airline filed the claim in Brussels on Thursday when the case came before the criminal court, the Swiss news agency SDA reported. In February 2013 heavily armed thieves
Antwerp Diamond Trade Stabilizes in 2017
Antwerp: After a very difficult 2015, the Antwerp diamond trade stabilized in 2016. This trend continued over past year as the industry traded a total of $US46 billion in diamonds. In 2017, a total of 233.6 million carats of diamonds were imported to and exported from Antwerp. This again represents an increase in the volume of diamonds traded, with a
IDE Launches Official Partnership with Alibaba.com
Ramat Gan: The Israel Diamond Exchange (IDE) yesterday officially launched a partnership with Alibaba.com, making it the first diamond bourse to offer polished diamonds and diamond jewellery on the platform, directly from the source. Alibaba.com is the leading platform for global wholesale trade, serving millions of buyers and suppliers around the world. The launch was announced during the International Diamond
Forevermark Launches at Madanji Meghraj Jewellers
Kolkata: Madanji Meghraj jewellers, one of the most recognised names for precious jewellery in Kolkata since 1901, have partnered with Forevermark, the diamond brand from the De Beers Group of Companies, by launching the brand at their store in Kolkata. Forevermark diamonds are the world’s most carefully selected diamonds. Each Forevermark diamond undergoes a journey of rigorous selection and bears
Compensation of Millions Claimed over Diamond Heist
Brussels: Five years after the spectacular theft of diamonds from a Helvetic Airways plane, operator Swiss International Air Lines is demanding 48.4 million francs in compensation, reports thelocal.ch. A lawyer for the airline filed the claim in Brussels on Thursday when the case came before the criminal court, the Swiss news agency SDA reported. In February 2013 heavily armed thieves
