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?
Silver Leads the Recovery: Bearish Move Shows First Signs of Exhaustion
Macro Snapshot: The week ending May 1 was dominated by Powell’s final FOMC meeting on April 28-29, which delivered the headline outcome markets expected — a hold at 3.50-3.75% — but with a far more contentious internal split than anticipated. The committee voted 8-4 to hold (some sources reported 11-1, but the dissent count of four is firmer), with Stephen Miran preferring an immediate quarter-point cut and three others — Hammack, Kashkari, Logan — supporting the hold but opposing the
Silver Leads the Recovery: Bearish Move Shows First Signs of Exhaustion
Macro Snapshot: The week ending May 1 was dominated by Powell’s final FOMC meeting on April 28-29, which delivered the headline outcome markets expected — a hold at 3.50-3.75% — but with a far more contentious internal split than anticipated. The committee voted 8-4 to hold (some sources reported 11-1, but the dissent count of four is firmer), with Stephen Miran preferring an immediate quarter-point cut and three others — Hammack, Kashkari, Logan — supporting the hold but opposing the
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Gem Diamonds Unearths 98 ct. Diamond
Maseru: Gem Diamonds has discovered a 98.42-carat rough diamond at its Letšeng mine in Lesotho, the company said Tuesday. The miner will sell the D-color, type-II diamond in June, alongside an 80.58-carat stone unearthed earlier this month. During the first quarter, Letšeng yielded 25,479 carats — an 11% decline from the same period a year ago. “It is encouraging that
Xifu Design Competition: Entries End on 31st May
Hong Kong: Jewellery designers all over the world have until 31 May 2017 to submit their entries for the inaugural Xifu International Gold Wedding Jewellery Design Competition. Organised by JNA and CJNA of UBM Asia, the World Gold Council and the People’s Government of Yantian District, Shenzhen, the biennial competition aims to usher in a new era in gold wedding
CaratLane Opens Its Store in Ghaziabad
Mumbai: CaratLane, India’s omni-channel jeweller is going strong in the Delhi/NCR region with its 7th store inaugurated at Shipra Mall, in Ghaziabad. For a brand that’s on a mission to democratize access to jewellery, this store launch, the 7th in Delhi/NCR region and 17th in the country, is another step forward in expanding its retail footprint and making its jewellery
Investor Offers Gemfields to Acquire its 53% Shares
London: Gemfields’ largest shareholder has made an offer to acquire the 53% of the gemstone miner it does not already own, in a bid to restructure the company and make it more profitable, reports Rapaport. Pallinghurst Resources, a mining-focused private equity firm, has offered Gemfields investors 1.91 shares in Pallinghurst for each share in the colored-stone producer, valuing the miner
Gem Diamonds Unearths 98 ct. Diamond
Maseru: Gem Diamonds has discovered a 98.42-carat rough diamond at its Letšeng mine in Lesotho, the company said Tuesday. The miner will sell the D-color, type-II diamond in June, alongside an 80.58-carat stone unearthed earlier this month. During the first quarter, Letšeng yielded 25,479 carats — an 11% decline from the same period a year ago. “It is encouraging that
Xifu Design Competition: Entries End on 31st May
Hong Kong: Jewellery designers all over the world have until 31 May 2017 to submit their entries for the inaugural Xifu International Gold Wedding Jewellery Design Competition. Organised by JNA and CJNA of UBM Asia, the World Gold Council and the People’s Government of Yantian District, Shenzhen, the biennial competition aims to usher in a new era in gold wedding
CaratLane Opens Its Store in Ghaziabad
Mumbai: CaratLane, India’s omni-channel jeweller is going strong in the Delhi/NCR region with its 7th store inaugurated at Shipra Mall, in Ghaziabad. For a brand that’s on a mission to democratize access to jewellery, this store launch, the 7th in Delhi/NCR region and 17th in the country, is another step forward in expanding its retail footprint and making its jewellery
Investor Offers Gemfields to Acquire its 53% Shares
London: Gemfields’ largest shareholder has made an offer to acquire the 53% of the gemstone miner it does not already own, in a bid to restructure the company and make it more profitable, reports Rapaport. Pallinghurst Resources, a mining-focused private equity firm, has offered Gemfields investors 1.91 shares in Pallinghurst for each share in the colored-stone producer, valuing the miner
