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 Polished Exports Grew in Sep
Mumbai: India’s polished-diamond exports increased 6% year on year to $2.65 billion in September, according to data released by Gem & Jewellery Export Promotion Council (GJEPC). By volume, exports rose 24% to 3.9 million carats, with the average price down 14% to $677 per carat, the data showed. Polished imports fell 6% to $174 million, meaning net polished exports increased
World Diamond Council’s AGM Concluded
Dubai: The World Diamond Council (WDC), which prevents conflict diamonds from entering the legitimate global supply chain and protecting the value of natural diamonds, concluded its 13th annual meeting last week in Dubai, reports idexonline. The event was hosted by the Dubai Multi Commodities Centre (DMCC) and attendees represented one of the most complete and inclusive group of global diamond
ALROSA Mined 34.17 Ct Yellow Diamond
Moscow: ALROSA’s affiliate Almazy Anabara has extracted a large 34.17-carat yellow diamond. It is the largest fancy-colored rough diamond extracted by the Company this year. The rough diamond, extracted from Ebelyakh alluvial deposit, measures 20.17 х 19.65 х 15.1 mm. It is a transparent intense yellow crystal with a small inclusion in the intermediate zone. Before the end of October,
CIBJO Releases Pearl Com's Special Report
Milan: With fewer than three weeks to go to the opening of the 2017 CIBJO Congress in Bangkok, Thailand, on November 5, 2017, the seventh of the CIBJO commissions’ Special Reports has been released. Prepared by Kenneth Scarratt, President of the organisation’s Pearl Commission, the report highlights a worrying trend that is largely evident in the social media, whereby marketers
India’s Polished Exports Grew in Sep
Mumbai: India’s polished-diamond exports increased 6% year on year to $2.65 billion in September, according to data released by Gem & Jewellery Export Promotion Council (GJEPC). By volume, exports rose 24% to 3.9 million carats, with the average price down 14% to $677 per carat, the data showed. Polished imports fell 6% to $174 million, meaning net polished exports increased
World Diamond Council’s AGM Concluded
Dubai: The World Diamond Council (WDC), which prevents conflict diamonds from entering the legitimate global supply chain and protecting the value of natural diamonds, concluded its 13th annual meeting last week in Dubai, reports idexonline. The event was hosted by the Dubai Multi Commodities Centre (DMCC) and attendees represented one of the most complete and inclusive group of global diamond
ALROSA Mined 34.17 Ct Yellow Diamond
Moscow: ALROSA’s affiliate Almazy Anabara has extracted a large 34.17-carat yellow diamond. It is the largest fancy-colored rough diamond extracted by the Company this year. The rough diamond, extracted from Ebelyakh alluvial deposit, measures 20.17 х 19.65 х 15.1 mm. It is a transparent intense yellow crystal with a small inclusion in the intermediate zone. Before the end of October,
CIBJO Releases Pearl Com's Special Report
Milan: With fewer than three weeks to go to the opening of the 2017 CIBJO Congress in Bangkok, Thailand, on November 5, 2017, the seventh of the CIBJO commissions’ Special Reports has been released. Prepared by Kenneth Scarratt, President of the organisation’s Pearl Commission, the report highlights a worrying trend that is largely evident in the social media, whereby marketers
