JNI

Author name: JNI

Net sales of Charles & Colvard decrease of 24% in 2Q

Charles & Colvard, a globally recognized fine jewelry company that specializes in moissanite and lab grown diamonds, reported financial results for the second quarter-2Q Fiscal 2024, ended December 31, 2023. “We acknowledge the recent industry shift has presented us with numerous challenges and has significantly impacted our earnings. However, we do not believe this setback

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Increased Single Order of gold, effective from February 12

In the announcement for their Members, Qualified Jewellers, Qualified Suppliers and India-UAE TRQ Holders, IFSC Authorised Vaults and India International Bullion Depository IFSC Limited (IIDI), the IIBX said that they have increased in the Single Order Maximum Lot Size in all Gold Contracts! The Members and participants are hereby notified that Single Order Maximum Lot

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50% of gold demand originates at India’s middle class

Many international companies regard India as a key strategic market. At the heart of their ambitions is the Indian middle class, which has expanded from 150mn in 2010 to an estimated 350mn in 2021. Given India’s economic trajectory and young demographic this number will likely rise going forward. Considering the size of the middle class

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New world unfolding gold before very eyes!

Matthew Piepenburg, partner-Von Greyerz and advisor, Grant Williams along with Andy Schectman and Jay Martin in the opening presentation at the recent Vancouver Resource Investment Conference to discuss the truly tectonic shifts in the global political and financial playing field. The panel gives specific attention to the now undeniable and growing trend toward de-dollarization and

New world unfolding gold before very eyes! Read More »

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