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
Top News
UAE Taskforce Reaffirms Commitment to KP
Dubai: The UAE continues its deep commitment and involvement in the Kimberley Process (KP), following its tenure as KP Chair in 2016, bringing UAE KP Taskforce members to a meeting at the Almas Tower where the Dubai Diamond Exchange is based, the Dubai Multi Commodities Centre (DMCC) said Set up as a joint initiative between the Ministry of Economy and
Sales Enhanced on Akshaya Tritiya
Mumbai: Jewellers were eagerly waiting the Indian auspicious day of Akshaya Tritiya to get a boost in their business. In fact, the day has proved to be really auspicious for them as the jewellery is picking up this year. Mr. Somasundaram PR, Managing Director, India, World Gold Counci said, “Millions of Indians believe that purchasing gold on Akshaya Tritiya brings
Diamond Sales Picking up: NDTC
Windhoek: Following a devastating year, the diamond market experienced during 2015, last year showed a significant improvement, Sihaleni Ndjaba, the chief executive officer of Namibia Diamond Trading Company (NDTC), said on Thursday. Moreover, he said during a meeting with reporters in Windhoek, a similar trend to 2016 is expected this year. “It is looking very healthy with a high demand.”
BIS Proposes Compulsory Registration
Mumbai: The Bureau of Indian Standards (BIS) has moved a step closer to mandatory selling of hallmarked jewellery. Two weeks earlier, it issued draft rules which propose compulsory registration for jewellers with BIS, reports Business Standard. Sources say it has been decided that “once jewellers’ registration with BIS is done, the next move will be to mandate that only hallmarked
UAE Taskforce Reaffirms Commitment to KP
Dubai: The UAE continues its deep commitment and involvement in the Kimberley Process (KP), following its tenure as KP Chair in 2016, bringing UAE KP Taskforce members to a meeting at the Almas Tower where the Dubai Diamond Exchange is based, the Dubai Multi Commodities Centre (DMCC) said Set up as a joint initiative between the Ministry of Economy and
Sales Enhanced on Akshaya Tritiya
Mumbai: Jewellers were eagerly waiting the Indian auspicious day of Akshaya Tritiya to get a boost in their business. In fact, the day has proved to be really auspicious for them as the jewellery is picking up this year. Mr. Somasundaram PR, Managing Director, India, World Gold Counci said, “Millions of Indians believe that purchasing gold on Akshaya Tritiya brings
Diamond Sales Picking up: NDTC
Windhoek: Following a devastating year, the diamond market experienced during 2015, last year showed a significant improvement, Sihaleni Ndjaba, the chief executive officer of Namibia Diamond Trading Company (NDTC), said on Thursday. Moreover, he said during a meeting with reporters in Windhoek, a similar trend to 2016 is expected this year. “It is looking very healthy with a high demand.”
BIS Proposes Compulsory Registration
Mumbai: The Bureau of Indian Standards (BIS) has moved a step closer to mandatory selling of hallmarked jewellery. Two weeks earlier, it issued draft rules which propose compulsory registration for jewellers with BIS, reports Business Standard. Sources say it has been decided that “once jewellers’ registration with BIS is done, the next move will be to mandate that only hallmarked
