Author name: JNI

For the week ended, on February2, 2024, IBJA reported, in response to key US economic indicators and anticipation surrounding the upcoming jobs report, gold prices experienced notable fluctuations in the market. Traders closely examined data on labor and manufacturing, with a particular focus on the potential impact on the Federal Reserve‘s stance on monetary easing. […]

The Civil Society Coalition (CSC) extends its congratulations to Honourable Ahmed Bin Sulayem on the start of his second term as Kimberley Process (KP) Chair. As the United Arab Emirates assumes KP chairmanship, we encourage you to prioritise accelerating KP reform efforts and addressing critical issues such as human rights violations, transparency, traceability, and the

Union Minister of Commerce and Industry, Consumer Affairs, Food & Public Distribution and Textiles, Piyush Goyal encouraged industry’s constructive feedback and collaborative engagement to shape the policies, procedures and effectiveness of the Production Linked Incentive (PLI) scheme. While delivering a keynote address at the PLI Perspectives: A Stakeholder Meeting’ organized by the Department for Promotion

De Beers Group and United Nations (UN) Women announced a three year extension of their partnership to empower women entrepreneurs in southern Africa at a ceremony in Gaborone, Botswana! Since 2017, the AWOME programme, which has been renamed EntreprenHER, has supported almost 2,500 women entrepreneurs of micro-enterprises in Botswana, Namibia and South Africa to grow

Sarine Technologies announces the launch of the Most Valuable Planning software, which yet again redefines the limits of rough diamond planning, generating up to 5% added value from the polished diamonds derived. Sarine has again revolutionised the planning of rough diamonds with its launch of the Most Valuable Planning (MVP) software. The next generation planning

World Platinum Investment Council (WPIC) said in their 3Q report that the global jewellery demand is expected to contract by 3% (-48 koz) in 2023 to reach 1,852 koz. We have trimmed our European forecast growth for 2023 from the last Platinum Quarterly, from +4% to now show +2%, due to weaker-than-expected results for mass

Recently, Ketan Dhruv, Director-Bangalore Refinery said, gold’s usage in India for industrial purposes can be broadly divided into two categories – electronics and other industrial. The former covers the use of gold in electrical contacts and printed circuit boards (PCBs), while the latter includes plating and Jari (gold thread). Looking first at plating, over the

Tanzire, India’s premier global e-commerce platform for handmade demi-fine jewelry, proudly introduces its fine jewelry label called Tanzire Fine, an everyday fine jewelry brand designed to redefine modern-age luxury on individual terms. Rooted in a legacy spanning three generations, Suhani Batwara, the Founder, and Creative Head of Tanzire, brings a fresh perspective to the realm

In the context of interim union budget for 3024-25, Gem & Jewellery (GJ) players’ expressed their assessment on interim budget 2024-25. Amit Pratihari, Vice President, De Beers Forevermark said, amidst the thriving economy, the interim budget conveys an overall positive outlook. The current robust economic conditions in the country have led to increased disposable income,

Recently Ravindra V. Rao, VP-Head Commodity Research- Kotak Securities said, Comex Gold prices closed almost 1% higher on Wednesday, December 31, 2023 after data showed a slowdown in Labour market and positive developments on inflation front, even as Fed chair Jerome Powell pushed back against imminent rate cuts. The ADP data showed private businesses in