Author name: JNI

The World Gold Council (WGC) recently released the paper, Gold Outlook 2024: Where do we go from here? According to the research, gold had a strong 2023, defying predictions in an environment of rising interest rates and outperforming commodities, bonds, and most stock markets. Investors will most certainly witness one of three situations in 2024. […]

Skill India Mission, under the Government of India, intends to Skill, Re-skill, and Up-skill all young Indians to guarantee they are equipped for the enormous number of possibilities that will arise as the economy expands and India advances from the world’s tenth to third largest economy. SIM aims to provide the youth in India with

Gemfields has announced the results of a ruby auction of mixed-quality rough rubies held from November 20 to December 5, 2023. Montepuez Ruby Mining Limitada (MRM) extracted the rough rubies. The revenues of this auction will be fully repatriated to MRM in Mozambique, with all royalties owed to the Government of the Republic of Mozambique

Maintaining the interests of the Indian trade! : GJEPC While not surprising, the recent statement from G7 leaders informing of a decision to impose direct import restrictions on Russian-origin diamonds beginning January 1, 2024, and on diamonds processed by third countries beginning March 1, 2024, raises valid concerns for the Indian Gems and Jewellery trade.

On December 12, 2023, the approaching 10th Vibrant Gujarat Global Summit 2024 will offer an informative pre-summit seminar titled Jewellery, Gemstones, and Gujarat: Renaissance for Radiant Viksit Bharat. Amish R. Shah, the visionary founder of J’evar and ALTR, will be a notable speaker at this event, which will take place at the magnificent Platinum Hall,

Following the suspension of Russian refiners and the imposition of sanctions, there has been increased attention on Refiners’ Responsible Sourcing third-party audits to guarantee Russian material is not entering the market. To reiterate, all Good Delivery List (GDL) Refiners are expected to comply with UN, EU, US, UK, or any other relevant economic and/or trade

In 2023, three key programs gained traction and achieved significant milestones: Gold Bar Integrity, Sustainability, and Gold as a High-Quality Liquid Asset (HQLA). Regarding the Gold Bar Integrity digital ecosystem, LBMA issued a Request for Proposal and expects to make a decision in principle before the end of the year. This tender is the first

The World Gold Council recently observed in a Gold ETF commentary for the November highlights that global physically backed gold ETFs suffered a tiny outflow of US$920mn in the month, much less than the previous month. Holdings fell to 3,236t, a 9t decrease from November, although overall Assets under management (AUM) increased by 2% to

Recently, Shaktikanta Das, Governor of the Reserve Bank of India, spoke about Indian buyers’ potential and purchasing desire in the context of the economy as a driver. One could even say market driver! According to him, India is already the world’s third largest economy in terms of purchasing power parity (PPP). Given the large number

SY Kessler-Gemoro announces the revolutionary new AuRACLE Pro, the ultimate digital gold and platinum tester, at the forefront of technology and tools. This cutting-edge portable machine provides remarkable precision, with a 20% increase in accuracy. It’s feature-rich, easy to use, and can distinguish between 8 and 24k gold in seconds. It even displays the gold