GJEPC Chairman Addresses 11th International Gold Summit in Delhi
GJEPC Chairman Pramod Agrawal today urged all stakeholders in the gold industry to work together towards reducing the Current Account Deficit (CAD) in the country. He was speaking at the Inaugural Session of the...
Asia Gold-India shifts to discount; buying tapers off elsewhere as prices gain
MUMBAI/BENGALURU, Sept 14 (Reuters) – Physical gold buying waned in major Asian centres this week as bullion prices rebounded from recent lows, with dealers in India offering the metal at a discount for the...
Chinese Group acquires majority stake in International Gemological Institute
Chinese conglomerate Fosun International Ltd. has acquired 80% of diamond grading lab International Gemological Institute (IGI).
The transaction was done through Yuyuan Inc., Fosun’s holding company for the consumer sector.
IGI, headquartered in Belgium and established...
Gen Z and millennials now account for two-thirds of global diamond jewellery demand
The millennial and gen z generations combined accounted for two-thirds of global diamond jewellery sales in 2017, as diamond jewellery demand reached a new record high of US$82 billion (£62.8m).
According to data published today...
GT Gold’s stocks soar following drill results at Tatagota
Vancouver- based GT Gold's (TSX.V: GTT) stock is trading at 75 cents following a discovery at the Saddle North target on its Tatogga property in BC’s Golden Triangle.
At market close, GT Gold's stock had...
Baselworld MD vows to strengthen show’s jewellery presentation and promotion
Baselworld’s new managing director, Michel Loris-Meliokoff says strengthening the jewellery area is an important goal for 2019.
Many trade professionals would describe Baselworld as predominantly a ‘watch’ trade show, thanks to the pull from big...
Astra strengthens position in bridal market with dedicated collection launch
Astra Jewellery launched a dedicated wedding collection at International Jewellery London, which strengthens its position in the bridal gifting market.
The New Zealand business, which scooped the Emerging Jewellery Brand of the Year accolade at...
RBI Purchases Gold in FY ’18; First Increase in Reserves Since 2009
The Reserve Bank of India (RBI) has purchased 8.46 tonnes of gold during its previous financial year that ended on June 30, 2018 according to data revealed in its Annual Report. This marks the...
Euromonitor International’s Study: India to Emerge as 2nd Largest Jewellery Market by End 2018
At the trade show International Jewellery London (IJL), taking place from September 2-4, 2018, the Euromonitor International made a presentation on the topic “Jewellery overview and impact of travel” on the opening day, presenting...
BDB: Competitive Pre-Diwali Prices Will Benefit Visitors to Second Bharat Diamond Week
Visitors to the second edition of the Bharat Diamond Week that will take place from October 8-10, will benefit from competitive pre-Diwali prices, office bearers of the organiser, Bharat Diamond Bourse (BDB) have said.
At...
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