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
Top News
Victor Mine to Close Down in Q1 2019
De Beers Group has announced that its Victor mine in northern Ontario, Canada, will complete mining and production activities in the first quarter of 2019, once the current open pit is depleted and in line with the original feasibility study and current mine plan. Production at Victor mine commenced in July 2008. The mine was forecast to produce six million
GJEPC to Set up CFC at Thrissur, Kerala
Mumbai: The Chairman of India’s Gem & Jewellery Export Prpmotion Council (GJPEC) Mr. Praveenshankar Pandya, during his recent visit to Kerala to inaugurate the Kerala Jewellery show, announced to set up Common Facility Center (CFC) at Thrissur, Kerala. CFC in this region would give a huge boost in production and quality of manufacturing jewellery by giving access of modern machines
Gem Experts to Join World Ruby Forum
Bangkok: Gem and jewelry experts from across the globe will gather to attend the World Ruby Forum 2017 in Bangkok, Thailand to share their insights on world ruby activities in all dimensions from upstream to downstream. GIT director states that the organization will develop and implement strategies to establish Thailand as the global gem and jewelry trading hub by 2021.
Construction of Surat DB Begins
Surat: Construction work for the Surat Diamond Bourse (SDB) commenced on 25 Oct with the office-bearers of SDB Diamond Bourse, a company floated for the bourse development participating in the foundation laying ceremony, reports The Times of India. The SDB Diamond Bourse has awarded the $237mn contract to the Ahmedabad-based PSP Projects Pvt Ltd for constructing the world’s largest diamond
Victor Mine to Close Down in Q1 2019
De Beers Group has announced that its Victor mine in northern Ontario, Canada, will complete mining and production activities in the first quarter of 2019, once the current open pit is depleted and in line with the original feasibility study and current mine plan. Production at Victor mine commenced in July 2008. The mine was forecast to produce six million
GJEPC to Set up CFC at Thrissur, Kerala
Mumbai: The Chairman of India’s Gem & Jewellery Export Prpmotion Council (GJPEC) Mr. Praveenshankar Pandya, during his recent visit to Kerala to inaugurate the Kerala Jewellery show, announced to set up Common Facility Center (CFC) at Thrissur, Kerala. CFC in this region would give a huge boost in production and quality of manufacturing jewellery by giving access of modern machines
Gem Experts to Join World Ruby Forum
Bangkok: Gem and jewelry experts from across the globe will gather to attend the World Ruby Forum 2017 in Bangkok, Thailand to share their insights on world ruby activities in all dimensions from upstream to downstream. GIT director states that the organization will develop and implement strategies to establish Thailand as the global gem and jewelry trading hub by 2021.
Construction of Surat DB Begins
Surat: Construction work for the Surat Diamond Bourse (SDB) commenced on 25 Oct with the office-bearers of SDB Diamond Bourse, a company floated for the bourse development participating in the foundation laying ceremony, reports The Times of India. The SDB Diamond Bourse has awarded the $237mn contract to the Ahmedabad-based PSP Projects Pvt Ltd for constructing the world’s largest diamond
