Sanctioned Alrosa Buys a Gold Mine
Sanctioned Russian diamond miner Alrosa has concluded the purchase of a gold mine in the far east of the country and will invest $276m developing it.
The move comes seven months after the G7 and...
Central Bank Gold Demand Expected To Rise In 2025: Survey
More than eight in ten (81%) of respondents have indicated that they expect reserve managers will continue to increase their gold holdings in the next 12 months, according to new data released by the...
Jewelry Business “Sold Fake Gold Nuggets”
A jewelry business in Alaska, USA, sold fake gold nuggets to undercover investigators posing as customers, according to the state's attorney general.
Salespeople at Soni Inc, repeatedly told investigators the "gold nuggets" were remarkably pure...
Sea Candy Kaleidoscope Pendant by Drutis Jewellery
9 ct yellow gold pendant, semi precious and precious stones inside, sea themed engravings filled with cold multicoloured enamel, mother of pearl sides. Opening mechanism on the hoop of the kaleidoscope to detach and...
Passenger Caught with $84,000 of Gold Inside Body
A passenger at an airport in India was caught with almost 1kg (2.2lbs) of gold, most of it concealed inside their body.
They were intercepted at Bir Tikendrajit International Airport, Imphal, in the northeastern state...
Global Gold Demand Stays Strong, Supporting Record-High Prices: World Gold Council
The World Gold Council’s Q1 2024 Gold Demand Trends report reveals that total global gold demand (inclusive of OTC purchases) was up 3% year-on-year to 1,238 tonnes, marking the strongest first quarter since 2016....
Plain Gold Jewellery Exports Grew by 61.72% to US$ 6792.24 million in FY 2023-24
Gross export of total Gold Jewellery (both Plain & Studded) for the FY 2023-24 grew 16.75%
Gross export of Coloured Gemstones for the FY 2023-24 increased by 14% to US$ 478.71 million
Platinum...
GJEPC Kicks Off IIJS Tritiya Outreach Campaign In Dubai’s Gold Souq
The IIJS Tritiya promotion team launched a door-to-door outreach campaign in Dubai's Gold Souq, marking a pivotal step towards strengthening the relationships of Indian jewellery manufacturers in Dubai, one of the world's most dynamic...
Resident Entities Can Now Hedge Gold Price Risk in IFSC’s OTC Market
Resident entities have been given the green light to hedge the price of gold in the Over the Counter (OTC) segment within the International Financial Services Centre (IFSC). The decision, made by the Reserve...
Gold prices could reach Rs 70,000 per 10 grams in 2024
India’s gold prices are likely to reach a price of Rs 70,000 for 10 grams in the domestic market this year. Industry experts believe that even further price increases are possible due to upcoming...
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World Gold Council Study: US Elections Drive Gold Demand and Price Fluctuations
The World Gold Council’s latest report, titled “Ballots to Bullion: Examining the US Election’s Effect on Gold,” delves into the relationship between US presidential...
De Beers Rough Production Down 15%
De Beers reported a 15 per cent drop in its global diamond production in Q2, as demand remained weak for yet another quarter.
The H1...
Huge Budget Boost for India’s Diamond Industry
India's diamond industry welcomed a raft of measures announced in today's budget (23 July) which will encourage direct diamond sales from foreign mining companies...
Vai Ra Unveils Stunning New Collection of Sustainable Moissanite and Lab-Grown Diamond Rings
Hyderabad, July 2024 – Vai Ra, a trailblazer in sustainable luxury jewelry, proudly announces the launch of its latest collection featuring exquisite Moissanite and...
Richemont Jewellery Sales Rise Despite Overall Slowdown
Richemont, the Swiss luxury goods giant, reported resilient sales for the Q1 that ended 30th June. However, the overall growth was modest due to...
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