Recently the ABC Bullion reported the market update for week ended for March 11 to 15 & said, Silver on verge of break out as sales surge! Gold prices steadied this week, with the precious metal last trading at USD $2,162 per troy ounce (oz). Silver continued to rally, +2% in USD terms, and last […]
Silver on verge of break out as sales surge Read More »
Despite the Foreign Trade Policy (FTP) having been broadly supportive of exporters of gold jewellery, jewellery export figures are declining in volume terms, even as they rise in value terms. In the context, Pankaj Parekh, Regional Chairman – Eastern Region, Gem & Jewellery Export Promotion Council said about the Potential policy measures to facilitate exports!
Potential policy measures to facilitate exports Read More »
According to the available February 2024 statistics for Cut & Polished Diamonds exports & import of India say, that the import of Cut & Polished (C&P) diamonds enjoys a higher percentage over exports! The overall gross export of Cut & Polished (C&P) diamonds at US$ 1707.44 million (Rs. 14162.59 crores) in month of February 2024
C&P diamonds imports of India grew over 70% YoY Read More »
India’s first Mega Common Facility Centre opens in SEEPZ SEZ Mumbai for the gem & jewellery (GJ) industry. Earlier, on 12th January, 2024, the Mega CFC was virtually inaugurated by the Honourable Prime Minister Shri Narendra Modi, during his Mumbai visit. Piyush Goyal, Hon. Union Minister for Commerce & Industry, Consumer Affairs, Food & Public
Piyush Goyal opens Bharat Ratnam-Mega CFC in SEEPZ Read More »
Sotheby‘s is delighted to present its Fine Jewels sale on 27 March, as part of The Paris Luxury Sales. The sale will feature a selection of Art Nouveau pieces, including the famous, Femme ailée brooch by Vever, the well-known maker. Cartier‘s creations include several incredible stones such as a sugarloaf sapphire weighing more than 23
Fine Jewels under Sotheby’s hammer! Read More »
Prepare to be enchanted as Jewellery Geneva 2024 transforms the elegant “Wilson Room” Ballroom and Foyer of the prestigious 5-Star Hotel President Wilson into a haven of high-jewelry splendor. With 30 renowned brands gathered under one roof, this event promises an unparalleled experience for buyers worldwide, conveniently located on the shores of Lake Léman. Jewellery
Jewellery Geneva to be held from April 9th Read More »
DMCC has announced Dubai’s diamond trade figures for 2023, headlined by 2% year-on-year growth in the value of rough and polished diamonds traded to reach USD 38.3 billion. This represents a five-year compound annual growth rate of 11%. Reflecting the UAE’s status as one of the world’s largest diamond trading hubs, the value of polished
DMCC diamond trade reached US$38.3bn in 2023 Read More »
According to the reliable sources, India’s overall gross exports of Gems & Jewellery (GJ) registered at US$ 3046.84 million (Rs. 25274.640 crores) in the month of February 2024 is showing a decline of 12.66% (-12.34%in Rs. term) as compared to US$ 3488.51 million (Rs. 28832.86 crores) for the same period previous year. The overall gross
India’s GJ export decline of 12.66% in February 2024! Read More »
The Trade and Economic Partnership Agreement (TEPA) between India and European Free Trade Association (EFTA) has opened immense opportunities for Indian gem and jewellery (G&J) sector to enhance its exports to the untapped EFTA countries especially to Switzerland. EFTA countries have removed customs duties on the entire chapter 71 (Gem and Jewellery products) enabling Indian
Signed TEPA opens immense G&J export to India & EFTA Read More »
De Beers Group today announced the value of rough diamond sales for the second sales cycle of 2024. The provisional rough diamond sales figure quoted for Cycle 2 represents the expected sales value for the period and remains subject to adjustment based on final completed sales. De Beers Group CEO Al Cook said: “I’m pleased
De Beers announces diamond sales for Cycle 2 Read More »
