Chetan Kumar Mehta Propels Laxmi Diamonds to the Top
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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
WFDB Hosts Young Diamantaires Inaugural Meeting
Antwerp: The World Federation of Diamond Bourses’ (WFDB) Young Diamantaires group held its inaugural meeting in Hong Kong during the Jewellery and Gems Fair on September 15. The initiative was launched just four months ago at the 37th World Diamond Congress in Dubai, with strong and widespread interest among young diamond industry members from across the globe joining in the
GJEPC Calls for R&D to Detect Synthetics
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has called upon all industry stakeholders to develop a co-ordinated approach against the undisclosed mixing of synthetic diamonds with natural diamonds. This will ensure fair trade and strengthen consumer confidence in the natural product, reports gjepc.org. A key aspect of this is a proposal to establish a multi-stakeholder body to collaborate
Alrosa may Produce Synthetic Diamonds
Moscow: Alrosa is mulling the possibility of establishing its own operation to produce synthetic diamonds, but the decision on this issue is not yet taken, the company’s spokesman Andrey Matveev said. “We are studying but so far there is no decision. Meanwhile, Alrosa is monitoring the market to decide how to proceed with regard to synthetic diamonds,” he said. According
FCRF Unveils Fancy Color Diamond Rarity Evaluator
New York: Following five years of data collection, analysis and platform development, the Fancy Color Research Foundation (FCRF) is launching the first ever industry Fancy Color Rarity Evaluator (FCRE™). The FCRE™ provides proprietary rarity estimates to all yellow, pink and blue fancy color diamonds based on the diamond’s carat weight, color, color intensity, clarity and shape. The FCRE™ will provide
WFDB Hosts Young Diamantaires Inaugural Meeting
Antwerp: The World Federation of Diamond Bourses’ (WFDB) Young Diamantaires group held its inaugural meeting in Hong Kong during the Jewellery and Gems Fair on September 15. The initiative was launched just four months ago at the 37th World Diamond Congress in Dubai, with strong and widespread interest among young diamond industry members from across the globe joining in the
GJEPC Calls for R&D to Detect Synthetics
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has called upon all industry stakeholders to develop a co-ordinated approach against the undisclosed mixing of synthetic diamonds with natural diamonds. This will ensure fair trade and strengthen consumer confidence in the natural product, reports gjepc.org. A key aspect of this is a proposal to establish a multi-stakeholder body to collaborate
Alrosa may Produce Synthetic Diamonds
Moscow: Alrosa is mulling the possibility of establishing its own operation to produce synthetic diamonds, but the decision on this issue is not yet taken, the company’s spokesman Andrey Matveev said. “We are studying but so far there is no decision. Meanwhile, Alrosa is monitoring the market to decide how to proceed with regard to synthetic diamonds,” he said. According
FCRF Unveils Fancy Color Diamond Rarity Evaluator
New York: Following five years of data collection, analysis and platform development, the Fancy Color Research Foundation (FCRF) is launching the first ever industry Fancy Color Rarity Evaluator (FCRE™). The FCRE™ provides proprietary rarity estimates to all yellow, pink and blue fancy color diamonds based on the diamond’s carat weight, color, color intensity, clarity and shape. The FCRE™ will provide
