In the just published Gold Market Commentary, the World Gold Council (WGC) focused on Election fever! 2024 is peppered with political event risk as important elections line up in a more divisive world. Some of these elections have cross-border implications, increasing the overlap between politics and geopolitics, and that matters to investors. As we have […]
Gold, Select elections and Fed on a dime! Read More »
India’s provisional statistics pertaining to export-import (Exim) of Gem & Jewellery (GJ) for the period April 2023 – February 2024 as compared to same period last year. Looking at the Gold Jewellery category that includes; both of the categories, 1: Plain Gold Jewellery & 2: Studded Gold Jewellery. Provisional gross export of Total Gold Jewellery
India’s Gold Jewellery grew over 16% YoY Read More »
BriteCo, a leading tech-driven provider of jewelry and watch insurance, has announced today the integration of International Gemological Institute (IGI) grading reports to BriteCo’s Appraisal Management System. IGI is the world’s leading independent diamond, gem and jewelry grading, education and appraisal institute. As the largest organization of its kind, IGI operates 29 laboratory locations around
BriteCo Integrates IGI Grading Results Read More »
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 »
