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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Argyle Pink Diamond Coin Unveiled in Berlin
Perth: Rio Tinto and The Perth Mint have unveiled the first pavé set Argyle pink diamond gold coin. Known as The Jewelled Phoenix, the coin is adorned with a delicately sculptured 18ct pink gold Chinese phoenix, hand set with a total of 1.22 carats of rare pink diamonds from Rio Tinto’s Argyle diamond mine in the east Kimberley region of
Trade Expresses Mixed Reactions to India’s Budget
Mumbai: India’s Finance Minister Mr. Arun Jaitley yesterday presented the nation’s annual budget in the parliament. Various trade bodies of the gem & jewellery industry have sent their reactions which we put here in compilation: GJEPC: The newly elected Chairman of Gem & Jewellery Promotion Council (GJEPC) Mr. Pramod Agarwal said, “We welcome the Government’s development oriented Budget that will
Edi Faltz Becomes New President of WJH
Panama: The membership of the World Jewelry & Diamond Hub (WJH), Panama, Latin America’s first and only diamond exchange, has elected Edi Faltz as its new President. He replaces Mahesh Khemlani, who served in the position since September 2015. The vote took place on January 10, following an earlier decision by the diamond exchange’s management, which appointed an Election Committee
Economic Survey Favours Multiple Jewellery Parks
New Delhi: The Economic Survey, tabled by India’s Finance Minister Mr. Arun Jaitley on Monday, recommended setting up more multiple jewellery parks in order to boost exports and increase job opportunities in the Gems & Jewellery sector. India is one of the largest exporters of gems and jewellery and industry is considered to play a vital role in the country’s
Argyle Pink Diamond Coin Unveiled in Berlin
Perth: Rio Tinto and The Perth Mint have unveiled the first pavé set Argyle pink diamond gold coin. Known as The Jewelled Phoenix, the coin is adorned with a delicately sculptured 18ct pink gold Chinese phoenix, hand set with a total of 1.22 carats of rare pink diamonds from Rio Tinto’s Argyle diamond mine in the east Kimberley region of
Trade Expresses Mixed Reactions to India’s Budget
Mumbai: India’s Finance Minister Mr. Arun Jaitley yesterday presented the nation’s annual budget in the parliament. Various trade bodies of the gem & jewellery industry have sent their reactions which we put here in compilation: GJEPC: The newly elected Chairman of Gem & Jewellery Promotion Council (GJEPC) Mr. Pramod Agarwal said, “We welcome the Government’s development oriented Budget that will
Edi Faltz Becomes New President of WJH
Panama: The membership of the World Jewelry & Diamond Hub (WJH), Panama, Latin America’s first and only diamond exchange, has elected Edi Faltz as its new President. He replaces Mahesh Khemlani, who served in the position since September 2015. The vote took place on January 10, following an earlier decision by the diamond exchange’s management, which appointed an Election Committee
Economic Survey Favours Multiple Jewellery Parks
New Delhi: The Economic Survey, tabled by India’s Finance Minister Mr. Arun Jaitley on Monday, recommended setting up more multiple jewellery parks in order to boost exports and increase job opportunities in the Gems & Jewellery sector. India is one of the largest exporters of gems and jewellery and industry is considered to play a vital role in the country’s
