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 G&J Exports Grew by 4% in Q1
New Delhi: India’s gems and jewellery exports grew by about 4 per cent to USD 9.17 billion during the first quarter of the current fiscal, driven largely by demand in major markets like the US. In the April-June quarter of last financial year, the sector’s exports aggregated to USD 8.84 billion, according to the data from Gems and Jewellery Export
Blue Fancy Colour Diamond Prices Up
New York: Analysis of pricing data by the Fancy Colour Research Foundation (FCRF) for the second quarter of 2017 indicates overall pricing stability across all categories over the same quarter in the previous year. A deeper look at the data reveals that blue fancy colour diamond prices continued to appreciate, climbing 5.5 percent over last year, while yellow fancy colour
PNG Jewellers Wins 3 Prestigious Awards
Mumbai: PNG Jewellers has bagged three awards at the prestigious ‘National Jewellery Awards (NJA) 2017’ including, ‘The best 360 marketing campaign of the year’ the ‘National Diamond jewellery’ and ‘Best Paramparik Gold Jewellery’ of the year award. PNG Jewellers also earned another laurel at the Retail Jewellers India Awards 2017 for the ‘Social Media Campaign of the Year’. PNG Jewellers
Global Gold Demand Declines by 10% in Q2
Mumbai: Global gold demand in Q2 2017 was 953 tonnes (t), a fall of 10% compared with the same period in 2016. This was reflected in a 14% decline in demand for the first half of 2017, which slowed to 2,004t, according to the World Gold Council’s (WGC) latest Gold Demand Trends report. After record levels of inflows into Exchange
India’s G&J Exports Grew by 4% in Q1
New Delhi: India’s gems and jewellery exports grew by about 4 per cent to USD 9.17 billion during the first quarter of the current fiscal, driven largely by demand in major markets like the US. In the April-June quarter of last financial year, the sector’s exports aggregated to USD 8.84 billion, according to the data from Gems and Jewellery Export
Blue Fancy Colour Diamond Prices Up
New York: Analysis of pricing data by the Fancy Colour Research Foundation (FCRF) for the second quarter of 2017 indicates overall pricing stability across all categories over the same quarter in the previous year. A deeper look at the data reveals that blue fancy colour diamond prices continued to appreciate, climbing 5.5 percent over last year, while yellow fancy colour
PNG Jewellers Wins 3 Prestigious Awards
Mumbai: PNG Jewellers has bagged three awards at the prestigious ‘National Jewellery Awards (NJA) 2017’ including, ‘The best 360 marketing campaign of the year’ the ‘National Diamond jewellery’ and ‘Best Paramparik Gold Jewellery’ of the year award. PNG Jewellers also earned another laurel at the Retail Jewellers India Awards 2017 for the ‘Social Media Campaign of the Year’. PNG Jewellers
Global Gold Demand Declines by 10% in Q2
Mumbai: Global gold demand in Q2 2017 was 953 tonnes (t), a fall of 10% compared with the same period in 2016. This was reflected in a 14% decline in demand for the first half of 2017, which slowed to 2,004t, according to the World Gold Council’s (WGC) latest Gold Demand Trends report. After record levels of inflows into Exchange
