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
BoB to Finance Small Diamond Units
Mumbai: To give a leg up to micro, small and medium enterprises in the diamond industry, Bank of Baroda (BoB) is planning to launch a supply chain financing product for the industry on a pilot basis in Surat, reports BusinessLine. Cutting and polishing units, which procure roughs from large companies and supply finished products back, will be provided finance at
10th Signature IIJS Ended with Success Note
Mumbai: The 10th edition of Signature IIJS and the 4th edition of IGJME concluded here with a success-note. There were ample signs that the Indian gems and jewellery industry had received a shot in the arm heralding that relatively better days lie ahead. Over the last year, the industry has faced multiple challenges be it in the form of continued
IIDGR Establishes 1st Grading Partnership in Asia
Singapore: The International Institute of Diamond Grading & Research (IIDGR), part of The De Beers Group of Companies, yesterday announced that it has established its first retail partnership in Asia for its generic polished diamond grading services. IIDGR’s partnership with Soo Kee Group in Singapore formally launches in February under the retailer’s bridal specialist brand, Love & Co. for its
BrilliAnt – 9th ADTF on January 28-30, 2018
Antwerp: Less than a week after the successful conclusion of the eighth edition of BrilliAnt – the Antwerp Diamond Trade Fair, the Organizing Committee announced the dates for the next edition: January 28-30, 2018. “Both visitors and exhibitors need to be able to plan ahead,” said Committee member Mr. Michel Nasielski. “Buyers’ groups and industry organisations that coordinate overseas buying
BoB to Finance Small Diamond Units
Mumbai: To give a leg up to micro, small and medium enterprises in the diamond industry, Bank of Baroda (BoB) is planning to launch a supply chain financing product for the industry on a pilot basis in Surat, reports BusinessLine. Cutting and polishing units, which procure roughs from large companies and supply finished products back, will be provided finance at
10th Signature IIJS Ended with Success Note
Mumbai: The 10th edition of Signature IIJS and the 4th edition of IGJME concluded here with a success-note. There were ample signs that the Indian gems and jewellery industry had received a shot in the arm heralding that relatively better days lie ahead. Over the last year, the industry has faced multiple challenges be it in the form of continued
IIDGR Establishes 1st Grading Partnership in Asia
Singapore: The International Institute of Diamond Grading & Research (IIDGR), part of The De Beers Group of Companies, yesterday announced that it has established its first retail partnership in Asia for its generic polished diamond grading services. IIDGR’s partnership with Soo Kee Group in Singapore formally launches in February under the retailer’s bridal specialist brand, Love & Co. for its
BrilliAnt – 9th ADTF on January 28-30, 2018
Antwerp: Less than a week after the successful conclusion of the eighth edition of BrilliAnt – the Antwerp Diamond Trade Fair, the Organizing Committee announced the dates for the next edition: January 28-30, 2018. “Both visitors and exhibitors need to be able to plan ahead,” said Committee member Mr. Michel Nasielski. “Buyers’ groups and industry organisations that coordinate overseas buying
