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
Top News
GJSCI Declares Winners of Design Revive Contest
Mumbai: Gem & Jewellery Skill Council of India (GJSCI) announced winners of Design Revive Contest 2017 during the 3rd edition of Jewel Talks, an interactive knowledge forum, in Mumbai’s on 23rd February 2017. Ms. Mahima from Institute NIFT, Mumbai won the first prize, Ms. Vipula Ayare from Institute SNDT College, Mumbai won the second prize and Mr. Sankesh Surana from
Dominion Diamond Reports Sharp Fall in Q4 Sales
Toronto: Dominion Diamond Corporation reports fourth fiscal quarter diamond sales of $129.9 million from the sale of 1.4 million carats compared with $178.1 million from the sale of 1.1 million carats in the year-earlier quarter. “Total rough diamond sales decreased 27% in the fourth fiscal quarter compared to the same period in the prior year. This was due primarily to
Lucapa Finds Another Large Stone at Lulo
Luanda: Lucapa Diamond Company reports the recovery of yet another large, high-quality diamond from its Lulo diamond project in Angola. The mining company unearthed the 62-carat diamond from another new alluvial mining area at the project. The firm said that testing confirms that the 62-carat stone is a premium-quality Type IIa gem. The diamond is the second large diamond to
India's Gold Jewellery Exports Tumbled 24% in Jan
Mumbai: India’s gold jewellery exports dropped significantly by more than 24% year-on-year to $397.71 million (Rs. 2,707.58 Crore) in January 2017. Also, the country’s silver jewellery exports recorded marginal drop of nearly 4% to $ 253.60 million (Rs. 1,726.49 Crore). This is in accordance with the latest official monthly data released by the country’s Gem and Jewellery Export Promotion Council
GJSCI Declares Winners of Design Revive Contest
Mumbai: Gem & Jewellery Skill Council of India (GJSCI) announced winners of Design Revive Contest 2017 during the 3rd edition of Jewel Talks, an interactive knowledge forum, in Mumbai’s on 23rd February 2017. Ms. Mahima from Institute NIFT, Mumbai won the first prize, Ms. Vipula Ayare from Institute SNDT College, Mumbai won the second prize and Mr. Sankesh Surana from
Dominion Diamond Reports Sharp Fall in Q4 Sales
Toronto: Dominion Diamond Corporation reports fourth fiscal quarter diamond sales of $129.9 million from the sale of 1.4 million carats compared with $178.1 million from the sale of 1.1 million carats in the year-earlier quarter. “Total rough diamond sales decreased 27% in the fourth fiscal quarter compared to the same period in the prior year. This was due primarily to
Lucapa Finds Another Large Stone at Lulo
Luanda: Lucapa Diamond Company reports the recovery of yet another large, high-quality diamond from its Lulo diamond project in Angola. The mining company unearthed the 62-carat diamond from another new alluvial mining area at the project. The firm said that testing confirms that the 62-carat stone is a premium-quality Type IIa gem. The diamond is the second large diamond to
India's Gold Jewellery Exports Tumbled 24% in Jan
Mumbai: India’s gold jewellery exports dropped significantly by more than 24% year-on-year to $397.71 million (Rs. 2,707.58 Crore) in January 2017. Also, the country’s silver jewellery exports recorded marginal drop of nearly 4% to $ 253.60 million (Rs. 1,726.49 Crore). This is in accordance with the latest official monthly data released by the country’s Gem and Jewellery Export Promotion Council
