Chetan Kumar Mehta Propels Laxmi Diamonds to the Top
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Platinum is Set to Become the Metal of Choice: Sujala Martis
Should Airlines Ban Carrying Gold in Hand?
The Selloff Deepens, but Demand is Answering: Are Gold-Silver Nearing a Floor?
Macro Snapshot: Two events defined the week ending June 12. On Monday June 9, White House officials indicated that US-Iran nuclear negotiations were making positive progress; oil prices dropped immediately, with WTI crude falling approximately 4% to $87.61 and Brent losing 3.5% to $90.92. Then on Tuesday June 10, the Bureau of Labor Statistics released the May CPI: headline inflation accelerated to 4.2% year-on-year, the highest reading since April 2023, up from 3.8% in April. The monthly increase was 0.5%,
The Selloff Deepens, but Demand is Answering: Are Gold-Silver Nearing a Floor?
Macro Snapshot: Two events defined the week ending June 12. On Monday June 9, White House officials indicated that US-Iran nuclear negotiations were making positive progress; oil prices dropped immediately, with WTI crude falling approximately 4% to $87.61 and Brent losing 3.5% to $90.92. Then on Tuesday June 10, the Bureau of Labor Statistics released the May CPI: headline inflation accelerated to 4.2% year-on-year, the highest reading since April 2023, up from 3.8% in April. The monthly increase was 0.5%,
Top News
HK Show Signals Optimism in Asian Markets
Hong Kong: The Hong Kong International Diamond, Gem & Pearl Show, which ran from February 28 and closed March 4, was the first major gem show this year, and may signal a trend in the global diamond industry and in Asian markets specifically. Chairman of the Israel Diamond Institute Group of Companies (IDI) Shmuel Schnizter said, “Our general impression is
Belgium’s Polished Exports Decline
Antwerp: Belgium’s diamond-trade statistics for February made for somber reading, as data from the Antwerp World Diamond Centre (AWDC) showed a slowdown in both polished and rough shipments. Polished exports slid 15 percent year on year to $1.35 billion, with shipments dropping 14 percent by volume to 530,947 carats, according to the data released Monday. The average price of exports
Diamonds Discovered For 1st Time in Manitoba
Toronto: Very small diamonds have been discovered in Manitoba, a first for the province, says a Winnipeg geologist. Ruth Bezys, president of the Manitoba Prospectors and Developers Association based in Winnipeg, says an informal consortium made up of Manitoba and Alberta prospectors discovered the precious gemstones in the north-eastern part of the province. Their discovery was announced at this year’s
Hearts on Fire Gives Jewellery Customization Tech
New York: Jewelers around the world have come to realize the mostly untapped potential of the millennial audience, and technology is the most important tool they have at their disposal, writes Martha C. White for JCK. 3-D printing, ‘Build-a-ring’ modules and Apps that allow consumers to fully customize their jewellery (metal, setting, size and shape of the center stone) have
HK Show Signals Optimism in Asian Markets
Hong Kong: The Hong Kong International Diamond, Gem & Pearl Show, which ran from February 28 and closed March 4, was the first major gem show this year, and may signal a trend in the global diamond industry and in Asian markets specifically. Chairman of the Israel Diamond Institute Group of Companies (IDI) Shmuel Schnizter said, “Our general impression is
Belgium’s Polished Exports Decline
Antwerp: Belgium’s diamond-trade statistics for February made for somber reading, as data from the Antwerp World Diamond Centre (AWDC) showed a slowdown in both polished and rough shipments. Polished exports slid 15 percent year on year to $1.35 billion, with shipments dropping 14 percent by volume to 530,947 carats, according to the data released Monday. The average price of exports
Diamonds Discovered For 1st Time in Manitoba
Toronto: Very small diamonds have been discovered in Manitoba, a first for the province, says a Winnipeg geologist. Ruth Bezys, president of the Manitoba Prospectors and Developers Association based in Winnipeg, says an informal consortium made up of Manitoba and Alberta prospectors discovered the precious gemstones in the north-eastern part of the province. Their discovery was announced at this year’s
Hearts on Fire Gives Jewellery Customization Tech
New York: Jewelers around the world have come to realize the mostly untapped potential of the millennial audience, and technology is the most important tool they have at their disposal, writes Martha C. White for JCK. 3-D printing, ‘Build-a-ring’ modules and Apps that allow consumers to fully customize their jewellery (metal, setting, size and shape of the center stone) have
