A Record Number of Central Banks Want to Buy More Gold: The Price Just Fell to a 4-Month Low

Macro Snapshot: Three events defined the week ending June 19, and they pointed in different directions. On Monday June 15, news emerged that US and Iranian negotiators had agreed a memorandum of understanding with formal signing scheduled for June 19 in Switzerland; oil declined to a two-month low on the announcement, with Brent falling below $80 per barrel after losing roughly 15% over four sessions. On Tuesday June 16, the World Gold Council released its Central Banks Gold Reserves Survey

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A Record Number of Central Banks Want to Buy More Gold: The Price Just Fell to a 4-Month Low

Macro Snapshot: Three events defined the week ending June 19, and they pointed in different directions. On Monday June 15, news emerged that US and Iranian negotiators had agreed a memorandum of understanding with formal signing scheduled for June 19 in Switzerland; oil declined to a two-month low on the announcement, with Brent falling below $80 per barrel after losing roughly 15% over four sessions. On Tuesday June 16, the World Gold Council released its Central Banks Gold Reserves Survey

Read More »

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Diavik Mine Reaches 150 Mln. ct. Milestone

Yellowknife (Canada): Rio Tinto’s Diavik Diamond Mine in the Northwest Territories of Canada hasreached a significant milestone of producing 150 million carats of rough diamonds since the minecommenced production in 2003. Diavik mine, located on an island in a remote sub-Arctic lake, produces predominantly gem quality whitediamonds and a small quantity of yellow diamonds, destined for high end jewellery in

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GemLead-A Landmark Collaboration between IIMA & GJC

Ahmedabad: The Indian Institute of Management Ahmedabad (IIMA), one of India’s premier management institutes, and the All India Gem and Jewellery Domestic Council (GJC), the country’s topmost jewellers’ representative body, yesterday begin a pioneering collaboration to launch “GemLead – Gems & Jewellery Executive Masterclass on Leadership, Excellence and Advanced Development.” This landmark initiative is designed exclusively for GJC members and

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CIBJO Congress to be Held Under Patronage of France President

Milan: The Élysée Palace, the official seat of French head of state, has confirmed that the 2025 CIBJO Congress of the World Jewellery Confederation, which is scheduled to take place in Paris from October 27 to October 29, 2025, will be under the official patronage of Emmanuel Macron, the President of the Republic of France. The agreement of the French

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1,800 Diamantaires Head to Antwerp for Auction

Antwerp: The Antwerp diamond district is notably busy this month, with eight diamond auctions taking place, including four running simultaneously during the first week of September. More than 1,800 diamantaires from all over the world are traveling to Antwerp to bid on 900 different parcels of rough diamonds. The Antwerp branch of diamond auction house Bonas is the only place

Read More »

Diavik Mine Reaches 150 Mln. ct. Milestone

Yellowknife (Canada): Rio Tinto’s Diavik Diamond Mine in the Northwest Territories of Canada hasreached a significant milestone of producing 150 million carats of rough diamonds since the minecommenced production in 2003. Diavik mine, located on an island in a remote sub-Arctic lake, produces predominantly gem quality whitediamonds and a small quantity of yellow diamonds, destined for high end jewellery in

Read More »

GemLead-A Landmark Collaboration between IIMA & GJC

Ahmedabad: The Indian Institute of Management Ahmedabad (IIMA), one of India’s premier management institutes, and the All India Gem and Jewellery Domestic Council (GJC), the country’s topmost jewellers’ representative body, yesterday begin a pioneering collaboration to launch “GemLead – Gems & Jewellery Executive Masterclass on Leadership, Excellence and Advanced Development.” This landmark initiative is designed exclusively for GJC members and

Read More »

CIBJO Congress to be Held Under Patronage of France President

Milan: The Élysée Palace, the official seat of French head of state, has confirmed that the 2025 CIBJO Congress of the World Jewellery Confederation, which is scheduled to take place in Paris from October 27 to October 29, 2025, will be under the official patronage of Emmanuel Macron, the President of the Republic of France. The agreement of the French

Read More »

1,800 Diamantaires Head to Antwerp for Auction

Antwerp: The Antwerp diamond district is notably busy this month, with eight diamond auctions taking place, including four running simultaneously during the first week of September. More than 1,800 diamantaires from all over the world are traveling to Antwerp to bid on 900 different parcels of rough diamonds. The Antwerp branch of diamond auction house Bonas is the only place

Read More »

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