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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AWDC and De Beers Talk Blockchain
Antwerp: The Antwerp World Diamond Centre (AWDC), representing the largest diamond trade hub worldwide, and diamond mining company De Beers announced they are discussing a potential collaboration in De Beers’ recently announced blockchain platform. AWDC CEO Ari Epstein said, “We have been exploring many initiatives to further our mission to boost business in the rough and polished diamond trade, as
De Beers Rakes in $450mln from 10th Cycle
Gaborone: Anglo American said De Beers raked in $450 million from its tenth sales cycle of the year compared with $422 million, a year earlier. The value of rough diamonds sold during the period under consideration was provisional and would likely be revised upwards. It was, however, lower compared with $466 million realised during the ninth sales cycle of 2017.
Kimberley Process Must Ban All Blood Diamonds
Brisbane: The Australian Friends of Palestine Association (AFOPA), an organisation working for a just peace in Palestine and Israel, called on delegates to the Kimberley Process Certification Scheme (KPCS) currently meeting in plenary in Brisbane, 9-14 December 2017, to: Seal the gaping hole in the KPCS regulations, which facilitates the trade in blood diamonds that fund rogue regimes guilty of
IIGJ to Get Mumbai Uni. Recognition Soon
Mumbai: The Indian Institute of Gems and Jewellery (IIGJ), an educational project of the Gem and Jewellery Export Promotion Council (GJEPC) celebrated its 11th Convocation Ceremony in the presence of Mr. Vinod Tawde (Minister for Higher & Technical Education, Government of Maharashtra), GJEPC Chairman Mr. Praveenshankar Pandya and Ms Vaishali Banerjee (MD India, Platinum Guild of India) amongst others. IIGJ
AWDC and De Beers Talk Blockchain
Antwerp: The Antwerp World Diamond Centre (AWDC), representing the largest diamond trade hub worldwide, and diamond mining company De Beers announced they are discussing a potential collaboration in De Beers’ recently announced blockchain platform. AWDC CEO Ari Epstein said, “We have been exploring many initiatives to further our mission to boost business in the rough and polished diamond trade, as
De Beers Rakes in $450mln from 10th Cycle
Gaborone: Anglo American said De Beers raked in $450 million from its tenth sales cycle of the year compared with $422 million, a year earlier. The value of rough diamonds sold during the period under consideration was provisional and would likely be revised upwards. It was, however, lower compared with $466 million realised during the ninth sales cycle of 2017.
Kimberley Process Must Ban All Blood Diamonds
Brisbane: The Australian Friends of Palestine Association (AFOPA), an organisation working for a just peace in Palestine and Israel, called on delegates to the Kimberley Process Certification Scheme (KPCS) currently meeting in plenary in Brisbane, 9-14 December 2017, to: Seal the gaping hole in the KPCS regulations, which facilitates the trade in blood diamonds that fund rogue regimes guilty of
IIGJ to Get Mumbai Uni. Recognition Soon
Mumbai: The Indian Institute of Gems and Jewellery (IIGJ), an educational project of the Gem and Jewellery Export Promotion Council (GJEPC) celebrated its 11th Convocation Ceremony in the presence of Mr. Vinod Tawde (Minister for Higher & Technical Education, Government of Maharashtra), GJEPC Chairman Mr. Praveenshankar Pandya and Ms Vaishali Banerjee (MD India, Platinum Guild of India) amongst others. IIGJ
