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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India’s Gold loan market: Is the Glitter Fading?
Mumbai: The organised gold loan market in India is expected to grow to over Rs 3 lakh crore by 2020 at a three-year Compound Annual Growth Rate (CAGR) of 13.7 per cent, British consulting multinational KPMG said on Tuesday, citing its report based on an industry survey. The report titled “India’s gold loan market: Is the glitter fading?” cites the
5th Edition of GJTCI Excellence Awards
Ahmedabad: With a view to encourage and boost the jewellery industry and people related to it, GJTCI organize GJTCI Excellence Awards to recognize and felicitate the uniqueness and unmatched craftsmanship of our Jewellery Industry. GJTCI has been an integral part of the Gem & Jewellery industry for almost one & half decade now, organizing multifarious activities for the growth of
Pakistan Gemstone Industry Struggles with Unrest
Karachi: For 400 years the craftsmen and traders of Peshawar’s jewellery bazaar have cut, polished, set and haggled over precious gems dug from the rugged mountains of northwest Pakistan. Pakistan’s gem and jewellery exports have boomed in recent years but Taliban violence, a crippling power crisis and outdated production methods are taking their toll in Peshawar, where traders say business
Zimbabwe Doubles Diamond Production in 2017
Harare: The government of Zimbabwe reports it has doubled its diamond production to 1.8 million carats in 2017, from 961,000 carats in 2016, the drop in production exacerbated by Zimbabwe’s merging of diamond mining companies previously operating in Chiadzwa diamond fields into the Zimbabwe Consolidated Diamond Company (ZCDC). The rise in diamond production is expected to translate into increased economic
India’s Gold loan market: Is the Glitter Fading?
Mumbai: The organised gold loan market in India is expected to grow to over Rs 3 lakh crore by 2020 at a three-year Compound Annual Growth Rate (CAGR) of 13.7 per cent, British consulting multinational KPMG said on Tuesday, citing its report based on an industry survey. The report titled “India’s gold loan market: Is the glitter fading?” cites the
5th Edition of GJTCI Excellence Awards
Ahmedabad: With a view to encourage and boost the jewellery industry and people related to it, GJTCI organize GJTCI Excellence Awards to recognize and felicitate the uniqueness and unmatched craftsmanship of our Jewellery Industry. GJTCI has been an integral part of the Gem & Jewellery industry for almost one & half decade now, organizing multifarious activities for the growth of
Pakistan Gemstone Industry Struggles with Unrest
Karachi: For 400 years the craftsmen and traders of Peshawar’s jewellery bazaar have cut, polished, set and haggled over precious gems dug from the rugged mountains of northwest Pakistan. Pakistan’s gem and jewellery exports have boomed in recent years but Taliban violence, a crippling power crisis and outdated production methods are taking their toll in Peshawar, where traders say business
Zimbabwe Doubles Diamond Production in 2017
Harare: The government of Zimbabwe reports it has doubled its diamond production to 1.8 million carats in 2017, from 961,000 carats in 2016, the drop in production exacerbated by Zimbabwe’s merging of diamond mining companies previously operating in Chiadzwa diamond fields into the Zimbabwe Consolidated Diamond Company (ZCDC). The rise in diamond production is expected to translate into increased economic
