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
Second Jewelry Summit Set in Tucson in 2017
Tuscon: The second Jewelry Industry Summit to advance sustainability and responsible sourcing initiatives will take place from January 29 to 30 in Tucson during the city’s annual gemstones fair, organizers said. The meeting aims to build on the conclusions of the first summit held in New York in March where a broad range of issues and proposals were made. The
US May Lift Ban on Burmese Rubies, Jade
Washington: The remaining financial and trade sanctions against Myanmar likely will soon be lifted, meaning Burmese jade and rubies again could be imported to the U.S., reports National Jeweler. The announcement came from the White House after President Barack Obama’s recent meeting with Myanmar State Counsellor Daw Aung San Suu Kyi to discuss the country’s change and development over the
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
Second Jewelry Summit Set in Tucson in 2017
Tuscon: The second Jewelry Industry Summit to advance sustainability and responsible sourcing initiatives will take place from January 29 to 30 in Tucson during the city’s annual gemstones fair, organizers said. The meeting aims to build on the conclusions of the first summit held in New York in March where a broad range of issues and proposals were made. The
US May Lift Ban on Burmese Rubies, Jade
Washington: The remaining financial and trade sanctions against Myanmar likely will soon be lifted, meaning Burmese jade and rubies again could be imported to the U.S., reports National Jeweler. The announcement came from the White House after President Barack Obama’s recent meeting with Myanmar State Counsellor Daw Aung San Suu Kyi to discuss the country’s change and development over the
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
