Chetan Kumar Mehta Propels Laxmi Diamonds to the Top
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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
Winners of 2016/17 Shining Light Awards
Gaborone: De Beers Group is pleased to announce the winners of the 2016/17 Shining Light Awards: The De Beers Young Jewellery Designers Skills Development Initiative, which were revealed at a red carpet event in Windhoek, Namibia, last night. The awards, which recognise and celebrate emerging jewellery designers in Botswana, Namibia and South Africa, provide entrants with a valuable platform to
Ahmed Bin Sulayem to Chair DDE in Jan, 2018
Dubai: Ahmed Bin Sulayem, Executive Chairman, DMCC will assume charge as the Chairman of the Dubai Diamond Exchange (DDE) on January 31, 2018 when the current Chairman Peter Meeus steps down after 12 years in that position. In a statement released today, DMCC said this was further to the earlier announcement that Meeus would be stepping down made at
De Beers to Sell Voorspoed Mine
Johannesburg: De Beers Group recently announced it is seeking expressions of interest from potential buyers for its Voorspoed mine in Kroonstad, Free State, South Africa. After evaluating a range of options, the decision to place Voorspoed mine on the market has been taken to provide the opportunity for responsible lower-cost operators to employ a different operating model that could potentially
IDI Hopeful Before HKJMA Show
Ramat Gan: Encouraged by the rise in demand from Asian markets and success at previous shows in the region, the Israeli Diamond Industry (IDI) is looking forward to a positive experience at the Hong Kong International Jewellery Manufacturers’ Show, being held from November 30 to December 3 at the Hong Kong Convention & Exhibition Centre. This is the fourth time
Winners of 2016/17 Shining Light Awards
Gaborone: De Beers Group is pleased to announce the winners of the 2016/17 Shining Light Awards: The De Beers Young Jewellery Designers Skills Development Initiative, which were revealed at a red carpet event in Windhoek, Namibia, last night. The awards, which recognise and celebrate emerging jewellery designers in Botswana, Namibia and South Africa, provide entrants with a valuable platform to
Ahmed Bin Sulayem to Chair DDE in Jan, 2018
Dubai: Ahmed Bin Sulayem, Executive Chairman, DMCC will assume charge as the Chairman of the Dubai Diamond Exchange (DDE) on January 31, 2018 when the current Chairman Peter Meeus steps down after 12 years in that position. In a statement released today, DMCC said this was further to the earlier announcement that Meeus would be stepping down made at
De Beers to Sell Voorspoed Mine
Johannesburg: De Beers Group recently announced it is seeking expressions of interest from potential buyers for its Voorspoed mine in Kroonstad, Free State, South Africa. After evaluating a range of options, the decision to place Voorspoed mine on the market has been taken to provide the opportunity for responsible lower-cost operators to employ a different operating model that could potentially
IDI Hopeful Before HKJMA Show
Ramat Gan: Encouraged by the rise in demand from Asian markets and success at previous shows in the region, the Israeli Diamond Industry (IDI) is looking forward to a positive experience at the Hong Kong International Jewellery Manufacturers’ Show, being held from November 30 to December 3 at the Hong Kong Convention & Exhibition Centre. This is the fourth time
