Author name: JNI

Update 2: De Beers prepared on a consolidated accounting basis, except for production, which is stated on a 100% basis except for the Gahcho Kué joint operation in Canada, which is on an attributable 51% basis. In the update 1, yesterday; DeBeers rough diamonds production & sales presented. Now in the Update 2, DeBeers view […]

Comex Gold rose more than 1% during the previous week (February 19-23), tracking a decline in the greenback and US benchmark treasury yields on Friday amid uncertainty regarding the Fed policy outlook. Minutes from the January FOMC meeting showed most officials remained more worried about the risk of cutting interest rates too soon than keeping

World Gold Council (WGC) has launched new ‘You are Gold’ multimedia campaign to reinvigorate the relationship of millennials and Gen Z with gold in a meaningful way in India. The campaign introduces a film that embraces a broader audience, presenting gold as an ally for youth, both women and men. The film focuses on highlighting

The International Gemological Institute (IGI), the world’s largest gemological organization, has announced the winners of the 2023-24 IGI Expressions Jewelry Design Competition. This year’s event enjoyed unprecedented response, attracting a total of 1,515 submissions from more than 1,100 artists and creatives around the world. From a total of 54 designs advanced as finalists, seven have

In a significant advancement for the India Jewellery Park (IJP) Mumbai, a pioneering endeavor by the Gem & Jewellery Export Promotion Council (GJEPC) to fortify India’s gems and jewellery sector, a crucial milestone was achieved on February 22, 2024. Media reports indicate that the Maharashtra Industrial Development Corporation (MIDC) handed over a sprawling 43,026.50 square

Mark O’Byrne started Tara Coins earlier this year to fulfill a longtime need for silver bullion coins from Ireland. “The idea has been in gestation for nearly 20 years… At the time, I wanted to offer Irish bullion coins and bars but realized that there were none so I had to sell British, American, Canadian,

Recently, Julien Navas, of Paris, France, visited Arkansas’ Crater of Diamonds State Park for the first time. While there, he found a 7.46-carat diamond on the surface of the park’s 37.5-acre search area. Navas was visiting the U.S. to see the United Launch Alliance’s Vulcan Centaur Rocket launch in Cape Canaveral, Fla. After the launch,

Recently Hong Kong Trade Development Council (HKTDC), announced the 40th Hong Kong International Jewellery Show and 10th Hong Kong International Diamond, Gem & Pearl Show that will return to the two fairs, two venues format for the first time since the pandemic, presenting the world’s premier jewelry trade platform. In the row HKTDC unveiled their

De Beers prepared on a consolidated accounting basis, except for production, which is stated on a 100% basis except for the Gahcho Kué joint operation in Canada, which is on an attributable 51% basis. The 2023 Result Report said, 1: Total sales volumes on a 100% basis were 27.4 million carats (2022: 33.7 million carats).

According to the report of the World Gold Council, the gems and jewellery (GJ) industry is a key contributor to India’s total exports! Given the high dependence on bullion and doré imports and the subsequent effect this has had on the country’s current account deficit (CAD), gems and jewellery (GJ) exports play an important role