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
Synthetic Super-Hard Diamond Developed
Mumbai: Scientists have created synthetic diamonds that are harder than the regular ones and may help cut through ultra-solid materials on mining sites. Nano-sized Lonsdaleite is a hexagonal diamond only found in nature at the site of meteorite impacts. “This new diamond is not going to be on any engagement rings. You’ll more likely find it on a mining site
Koin Int'nl to Hold 1st Polished Tender at IDWI
Ramat Gan: Koin International Diamond Tenders will hold its first tender in Israel during the International Diamond Week (IDWI), from February 13 – 16, 2017, in cooperation with the new International Tender Center at the Israeli bourse. Koin specializes in tenders of rough and polished diamonds. Adam Schulman, Koin International CEO, said, “We are delighted to expand our rough and
Indian Cash Crunch Slows De Beers Sales
Gaborone: De Beers revenue from rough diamonds declined sequentially to $418 million in the final sales cycle of the year as tighter liquidity in India hit demand for lower-priced stones. Sales fell 12 percent at last week’s December sight from $476 million in November, the miner reported. They were 69 percent higher than the $248 million recorded a year ago,
First Ever Bilingual Diamond Reports by HRD
Seoul: In the framework of an economic mission to South Korea (Seoul) and China (Shanghai), presided over by Antwerp’s Mayor Bart De Wever, the internationally renowned diamond grading lab HRD Antwerp has announced it will start offering bilingual diamond grading reports with the first reports available in English/Korean and English/Chinese as of February 1, 2017. “The South-Korean market represents great
Synthetic Super-Hard Diamond Developed
Mumbai: Scientists have created synthetic diamonds that are harder than the regular ones and may help cut through ultra-solid materials on mining sites. Nano-sized Lonsdaleite is a hexagonal diamond only found in nature at the site of meteorite impacts. “This new diamond is not going to be on any engagement rings. You’ll more likely find it on a mining site
Koin Int'nl to Hold 1st Polished Tender at IDWI
Ramat Gan: Koin International Diamond Tenders will hold its first tender in Israel during the International Diamond Week (IDWI), from February 13 – 16, 2017, in cooperation with the new International Tender Center at the Israeli bourse. Koin specializes in tenders of rough and polished diamonds. Adam Schulman, Koin International CEO, said, “We are delighted to expand our rough and
Indian Cash Crunch Slows De Beers Sales
Gaborone: De Beers revenue from rough diamonds declined sequentially to $418 million in the final sales cycle of the year as tighter liquidity in India hit demand for lower-priced stones. Sales fell 12 percent at last week’s December sight from $476 million in November, the miner reported. They were 69 percent higher than the $248 million recorded a year ago,
First Ever Bilingual Diamond Reports by HRD
Seoul: In the framework of an economic mission to South Korea (Seoul) and China (Shanghai), presided over by Antwerp’s Mayor Bart De Wever, the internationally renowned diamond grading lab HRD Antwerp has announced it will start offering bilingual diamond grading reports with the first reports available in English/Korean and English/Chinese as of February 1, 2017. “The South-Korean market represents great
