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 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
De Beers’ 7th Sales Cycle Fetches $630 Million
Gaborone: De Beers sold $630 million of rough in its seventh sales cycle this year as diamond cutters increased their demand for stock ahead of the forthcoming holiday season. Revenue grew from a revised $528 million in the previous cycle, the miner said. A year ago, sales stood at $358 million. The figure includes the latest De Beers sight
KP, AWDC to Hold Sp. Forum on Rough Evaluation
Antwerp: Kimberley Process (KP) Chair Ahmed Bin Sulayem has announced the second in a series of three, one-day ‘Special Forums’ on rough diamond valuation to be held on September 30 at the Hylitt Hotel in Antwerp. The forum aims to foster debate on the future shape and methodology of rough diamond valuation. In association with the Antwerp World Diamond Conference
Boodles is Select Atelier for Argyle Pink Diamonds
London: UK luxury jeweller, Boodles has become a Select Atelier for Rio Tinto’s Argyle Pink Diamonds. Boodles joins an exclusive group of master craftsman and luxury jewellers entrusted with transforming Argyle pink diamonds into exquisite jewellery. Josephine Johnson, manager of Argyle Pink Diamonds said “Boodles are an exciting British fine jeweller with over two centuries of heritage, who continue to
New Synthetic Detection Technology by IIDGR
London: The International Institute of Diamond Grading & Research (IIDGR), part of The De Beers Group of Companies, today announced that it will unveil the latest addition to its suite of synthetic detection technology at the forthcoming Hong Kong Jewellery & Gem Fair between 14 and 18 September 2016. The new instrument, PhosView™, is a compact, self-contained screening device designed
De Beers’ 7th Sales Cycle Fetches $630 Million
Gaborone: De Beers sold $630 million of rough in its seventh sales cycle this year as diamond cutters increased their demand for stock ahead of the forthcoming holiday season. Revenue grew from a revised $528 million in the previous cycle, the miner said. A year ago, sales stood at $358 million. The figure includes the latest De Beers sight
KP, AWDC to Hold Sp. Forum on Rough Evaluation
Antwerp: Kimberley Process (KP) Chair Ahmed Bin Sulayem has announced the second in a series of three, one-day ‘Special Forums’ on rough diamond valuation to be held on September 30 at the Hylitt Hotel in Antwerp. The forum aims to foster debate on the future shape and methodology of rough diamond valuation. In association with the Antwerp World Diamond Conference
Boodles is Select Atelier for Argyle Pink Diamonds
London: UK luxury jeweller, Boodles has become a Select Atelier for Rio Tinto’s Argyle Pink Diamonds. Boodles joins an exclusive group of master craftsman and luxury jewellers entrusted with transforming Argyle pink diamonds into exquisite jewellery. Josephine Johnson, manager of Argyle Pink Diamonds said “Boodles are an exciting British fine jeweller with over two centuries of heritage, who continue to
New Synthetic Detection Technology by IIDGR
London: The International Institute of Diamond Grading & Research (IIDGR), part of The De Beers Group of Companies, today announced that it will unveil the latest addition to its suite of synthetic detection technology at the forthcoming Hong Kong Jewellery & Gem Fair between 14 and 18 September 2016. The new instrument, PhosView™, is a compact, self-contained screening device designed
