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
Top News
India’s Diamond Exports up 49.5% in Nov
Mumbai: Contrary to the fears, the exports from gems and jewellery has increased 27.25% per cent at US$ 3.27 billion during the month of November as compared to the same period last year. The increase was driven by a sharp increase in both exports of polished diamonds and jewellery as compared to the same month a year earlier, according to
India to Become Vice Chair of KP in 2018
Brisbane: At the recently concluded Plenary Meeting of the Kimberly Process (KP) that was held in Brisbane, Australia from December 9-14, 2017, India was appointed as the Vice-Chair of the KP for the year 2018. While the European Union (EU) will take the Chair for 2018, India will assume the role of the KP Chair in 2019. This is in
Naga Chaitanya Chooses Platinum for Distinctive Style
Hyderabad: Amidst much fanfare, South India’s favourite actor, Naga Chaitanya unveiled an unique range of Platinum Men’s jewellery inspired by the international trend of “Bold Minimalism” at the Joyalukkas store in Hyderabad recently. Naga Chaitanya, looking suave wearing a Platinum bracelet and chain, his two favourite pieces from the new collection was joined by Mr. Rajesh Krishnan (Manager- Retail, Joyalukkas-Indian
‘Impact’ Leaves Kimberley Process
Brisbane: Impact, a founding member has withdrawn from the Kimberley Process (KP), claiming that the conflict diamond certification scheme has lost its legitimacy. Impact says the internal controls used by governments do not provide the evidence of traceability and due diligence needed to ensure a clean, conflict-free, and legal diamond supply chain. “Consumers have been given a false confidence about
India’s Diamond Exports up 49.5% in Nov
Mumbai: Contrary to the fears, the exports from gems and jewellery has increased 27.25% per cent at US$ 3.27 billion during the month of November as compared to the same period last year. The increase was driven by a sharp increase in both exports of polished diamonds and jewellery as compared to the same month a year earlier, according to
India to Become Vice Chair of KP in 2018
Brisbane: At the recently concluded Plenary Meeting of the Kimberly Process (KP) that was held in Brisbane, Australia from December 9-14, 2017, India was appointed as the Vice-Chair of the KP for the year 2018. While the European Union (EU) will take the Chair for 2018, India will assume the role of the KP Chair in 2019. This is in
Naga Chaitanya Chooses Platinum for Distinctive Style
Hyderabad: Amidst much fanfare, South India’s favourite actor, Naga Chaitanya unveiled an unique range of Platinum Men’s jewellery inspired by the international trend of “Bold Minimalism” at the Joyalukkas store in Hyderabad recently. Naga Chaitanya, looking suave wearing a Platinum bracelet and chain, his two favourite pieces from the new collection was joined by Mr. Rajesh Krishnan (Manager- Retail, Joyalukkas-Indian
‘Impact’ Leaves Kimberley Process
Brisbane: Impact, a founding member has withdrawn from the Kimberley Process (KP), claiming that the conflict diamond certification scheme has lost its legitimacy. Impact says the internal controls used by governments do not provide the evidence of traceability and due diligence needed to ensure a clean, conflict-free, and legal diamond supply chain. “Consumers have been given a false confidence about
