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
DMIA & US KP Plan Joint Research Project in US
New York: The Diamond Manufacturers and Importers Association of America (DMIA) and the United States Kimberley Process Authority (USKPA) announced their plan to conduct a joint research project to study the trade in rough diamonds in the United States. The study will educate the members of both organizations about the activity and nature of U.S. imports and exports of rough
Construction of Surat Diamond Bourse Commences
Surat: Gujarat chief minister Mr. Vijay Rupani on Sunday laid the foundation stone for the Surat Diamond Bourse (SDB), saying it would put the city and the state on the map of world. “With this complex becoming operational, Surat will find its place among the world diamond trading hubs. This will boost the trade prospects for diamond traders from Surat,”
Lucapa to sell Two Large Diamonds
Luanda: Lucapa Diamond will hold two diamond sales in the final quarter of this year following continued large diamond recoveries at the Lulo diamond mine in Angola. The next sale of diamonds is scheduled for mid-November. It will include the 172-carat and 104-carat Type IIa D-color diamonds recovered in September. Lulo continues to provide regular large specials, with the latest
Some Civil Society Members to Attend KP Meeting
Dubai: The office of the UAE Kimberley Process (KP) Chair has announced that members of Civil Society will attend the KP Plenary in Dubai, on November 13-17. The announcement follows an official invitation sent by the KP Chair on October 13 urging members of the Civil Society Coalition to attend the KP Plenary to discuss and make joint progress on
DMIA & US KP Plan Joint Research Project in US
New York: The Diamond Manufacturers and Importers Association of America (DMIA) and the United States Kimberley Process Authority (USKPA) announced their plan to conduct a joint research project to study the trade in rough diamonds in the United States. The study will educate the members of both organizations about the activity and nature of U.S. imports and exports of rough
Construction of Surat Diamond Bourse Commences
Surat: Gujarat chief minister Mr. Vijay Rupani on Sunday laid the foundation stone for the Surat Diamond Bourse (SDB), saying it would put the city and the state on the map of world. “With this complex becoming operational, Surat will find its place among the world diamond trading hubs. This will boost the trade prospects for diamond traders from Surat,”
Lucapa to sell Two Large Diamonds
Luanda: Lucapa Diamond will hold two diamond sales in the final quarter of this year following continued large diamond recoveries at the Lulo diamond mine in Angola. The next sale of diamonds is scheduled for mid-November. It will include the 172-carat and 104-carat Type IIa D-color diamonds recovered in September. Lulo continues to provide regular large specials, with the latest
Some Civil Society Members to Attend KP Meeting
Dubai: The office of the UAE Kimberley Process (KP) Chair has announced that members of Civil Society will attend the KP Plenary in Dubai, on November 13-17. The announcement follows an official invitation sent by the KP Chair on October 13 urging members of the Civil Society Coalition to attend the KP Plenary to discuss and make joint progress on
