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
Global Mining Industry Convalescing: Anglo
Cape Town: Anglo American, which has an 85 percent stake in De Beers, said the past year brought some reprieve for the global mining industry. Group chief executive Mark Cutifani told the Investing in African Mining Indaba in Cape Town, South Africa that while market watchers were ready to sound a death knell on mining’s prospects, the industry had survived.
Presidents’ Meet Discusses Alternative Financing
Mumbai: The 2017 Presidents Meeting taking place in Mumbai this week heard at a special Finance Seminar on Monday about the financing challenges facing the global trade and possible solutions, including alternative forms of credit. Addressing the seminar, WFDB President Mr. Ernie Blom said the meeting aimed to lay out the reasons that the diamond trade finds it increasingly difficult
GJSCI Launches Design Revive Contest
Kolhapur: With an aim to uplift the artisans of age-old jewellery technique, the Gems & Jewellery Skill Council of India (GJSCI) brings students of preliminary round of Revive Design contest to the silver town – Hupari. This initiative has been taken as a step to enable the young talent to blend with the custodians of 200 year old technique of
The Imperial Crown of Russia at IDWI
Ramat Gan: A replica of the Great Imperial Crown of the Russian Empire, which was used in the coronations of all Russian monarchs since Catherine the Great, will be exhibited from February 13 – 14, 2017 at the sixth International Diamond Week in Israel (IDWI). The replica of the Crown was created by Kristall – Smolensk, Russia’s leading diamond manufacturer
Global Mining Industry Convalescing: Anglo
Cape Town: Anglo American, which has an 85 percent stake in De Beers, said the past year brought some reprieve for the global mining industry. Group chief executive Mark Cutifani told the Investing in African Mining Indaba in Cape Town, South Africa that while market watchers were ready to sound a death knell on mining’s prospects, the industry had survived.
Presidents’ Meet Discusses Alternative Financing
Mumbai: The 2017 Presidents Meeting taking place in Mumbai this week heard at a special Finance Seminar on Monday about the financing challenges facing the global trade and possible solutions, including alternative forms of credit. Addressing the seminar, WFDB President Mr. Ernie Blom said the meeting aimed to lay out the reasons that the diamond trade finds it increasingly difficult
GJSCI Launches Design Revive Contest
Kolhapur: With an aim to uplift the artisans of age-old jewellery technique, the Gems & Jewellery Skill Council of India (GJSCI) brings students of preliminary round of Revive Design contest to the silver town – Hupari. This initiative has been taken as a step to enable the young talent to blend with the custodians of 200 year old technique of
The Imperial Crown of Russia at IDWI
Ramat Gan: A replica of the Great Imperial Crown of the Russian Empire, which was used in the coronations of all Russian monarchs since Catherine the Great, will be exhibited from February 13 – 14, 2017 at the sixth International Diamond Week in Israel (IDWI). The replica of the Crown was created by Kristall – Smolensk, Russia’s leading diamond manufacturer
