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
CaratLane Opens its 2nd Store in Bengaluru
Bengaluru: CaratLane, India’s leading omni-channel jeweller has opened its 2nd store in Bengaluru, at Koramangala. For a brand that’s on a mission to democratize access to jewellery, this store launch, the 14th in the country, is a step forward in expanding the growing retail footprint. Situated at the city’s high street arena, this outpost of CaratLane – a Tanishq partnership
Italian Exhibition Group Accredited at the UN
Rimini: The Italian Exhibition Group Spa (IEG), the new trade show company created through the merger between Rimini Fiera and Fiera di Vicenza, received prestigious international recognition in New York on Thursday (January 12), when it was awarded formal accreditation through CIBJO, the World Jewellery Confederation, from ECOSOC, the United Nations Economic and Social Council, for promoting and implementing activities
Sierra Leone Optimistic about Diamond Trade
Ramat Gan: Sierra Leone President Ernest Bai Koroma spoke optimistically of the nation’s future in the diamond industry on a visit to the Israel Diamond Exchange (IDE). “Even though the alluvial diamond deposits [in Sierra Leone] are shrinking, there are still diamonds in kimberlite pipes which could be mined,” President Koroma was cited as saying in a note on the
ALROSA’s Diamond Resources Decline
Moscow: ALROSA’s rough diamond resources fell 4 percent to 1.03 billion carats as at July 1, 2016, the Russia-based miner reported. Back on January 1, 2015, the resources stood at 1.08 billion carats. Both assessments were carried out in accordance with a code outlined by the Joint Ore Reserves Committee (JORC), the Australasian guidelines for reporting mineral resources and ore
CaratLane Opens its 2nd Store in Bengaluru
Bengaluru: CaratLane, India’s leading omni-channel jeweller has opened its 2nd store in Bengaluru, at Koramangala. For a brand that’s on a mission to democratize access to jewellery, this store launch, the 14th in the country, is a step forward in expanding the growing retail footprint. Situated at the city’s high street arena, this outpost of CaratLane – a Tanishq partnership
Italian Exhibition Group Accredited at the UN
Rimini: The Italian Exhibition Group Spa (IEG), the new trade show company created through the merger between Rimini Fiera and Fiera di Vicenza, received prestigious international recognition in New York on Thursday (January 12), when it was awarded formal accreditation through CIBJO, the World Jewellery Confederation, from ECOSOC, the United Nations Economic and Social Council, for promoting and implementing activities
Sierra Leone Optimistic about Diamond Trade
Ramat Gan: Sierra Leone President Ernest Bai Koroma spoke optimistically of the nation’s future in the diamond industry on a visit to the Israel Diamond Exchange (IDE). “Even though the alluvial diamond deposits [in Sierra Leone] are shrinking, there are still diamonds in kimberlite pipes which could be mined,” President Koroma was cited as saying in a note on the
ALROSA’s Diamond Resources Decline
Moscow: ALROSA’s rough diamond resources fell 4 percent to 1.03 billion carats as at July 1, 2016, the Russia-based miner reported. Back on January 1, 2015, the resources stood at 1.08 billion carats. Both assessments were carried out in accordance with a code outlined by the Joint Ore Reserves Committee (JORC), the Australasian guidelines for reporting mineral resources and ore
