Sam Zell, Chairman of Equity Group Investments

Billionaire Sam Zell buys gold for first time in bet on tight supply

Gold’s dimming supply prospects have caught the eye of one billionaire. “For the first time in my life, I bought gold because it is a good hedge,” Sam Zell, the founder of Equity Group Investments,...
UK hallmarking reveals 2.4% annual fall as silver suffers

UK hallmarking reveals 2.4% annual fall as silver suffers

Final results for last year’s hallmarking figures from the four UK Assay Offices reveals that in total, the number of items marked last year fell by 2.4%. In total, 9,114,402 items were hallmarked in 2018...
gold industry

Endeavour Mining increases its Ity mine ownership

Endeavour Mining has increased its ownership stake in the Ity mine from 80% to 85%. In exchange for the additional 5% interest in the Ity mine, Endeavour granted DYD International, a company owned by Didier...
The Gem & Jewellery Export Promotion Council (GJEPC)

GJEPC Welcomes Exemption for Exporters from 3% IGST on Gold Supply; Seeks Further Changes...

The Gem & Jewellery Export Promotion Council (GJEPC) has welcomed the government notification exempting exporters from levy of 3% IGST on gold supplied to them by Nominated Agencies, and said that it would actively...
MERAKI BY P Mangatram Jewellers

Meraki by P Mangatram unveils ‘tvum’ collection

Meraki by P Mangatram has unveiled the ‘Tvum’ collection that showcases a blend of contemporary styles and traditional heritage. The creation is the reflection of glorious romance between art, soul, and creativity. It is...
chinas icbc buys giant london gold vault from barclays

Gold barrels into 2019 as growth concerns spur demand for haven

Gold closed out 2018 on a strong note, its haven demand reinvigorated by volatile trading in global equities, rising concern about the economic outlook and a drawn-out government shutdown in the U.S. Bullion futures held...
Asia Gold industry

Asia Gold-Safe haven lure fails to lift demand; Indian jewellers stock up

* Higher prices dampen appeal * China premiums ease to $3-$7 an ounce * Spot gold on track for biggest weekly gains in three * Dealers in India offer $2/oz discount Physical gold demand lacked vigour in most...
Suresh Prabhu Minister of Commerce and Industry

New gold policy likely soon; looking at all aspects of yellow metal: Suresh Prabhu

The domestic industry has demanded a cut in import duty on gold to 4% from the current 10%. The government is working on an integrated gold policy, which is expected to be released soon, to...
Gold Jewellery Demand

Gold jewellery demand to grow 6-7% in medium to long-term: ICRA

ICRA expects these regulatory measures to continue to accelerate the formalization of the sector, and the market shares of organized players are accordingly expected to increase. ICRA has a stable outlook on gold jewellery retail...
GST exemption on warehoused gold a major relief to jewellery exporters

GST exemption on warehoused gold a major relief to jewellery exporters

Banks will have to import gold and store it in a customs-bonded warehouse, and then supply to exporters without customs clearance; no relief for bullion refineries, however Banks and jewellery exporters have a reason to...

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Arabel Lebrusan introduces goddess inspired engagement ring line

Arabel Lebrusan introduces goddess inspired engagement ring line

UK-based boutique jeweller Arabel Lebrusan has launched her a new collection of ethical engagement rings inspired by goddesses of Greek mythology. The Hera collection has...
GJEPC Artisan Awards celebrate best design talent from Indian gems & jewellery industry

GJEPC Artisan Awards celebrate best design talent from Indian gems & jewellery industry

The Artisan Awards celebrate the highest levels of art, creativity and innovation. With the theme of ‘Enchanted Cosmos’, GJEPC’s Artisan Awards 2019 celebrated the best...
Omi’s Sugarloaf Emerald Ring

Piece of the Week: Omi’s Sugarloaf Emerald Ring

Not that you need a reason to sport an emerald, but there’s a holiday coming up this weekend for which the gemstone couldn’t be...
Pandora plans digital garden ahead of spring 2019 collection launch

Pandora plans digital garden ahead of spring 2019 collection launch

Pandora is celebrating the upcoming launch of its Spring 2019 Pandora Garden collection with an experiential installation set to explore the cross-over of technology,...
Industry looks to JLo new rock as star has power to spark trends

Industry looks to JLo’s new rock as star has power to spark trends

A celebrity getting engaged may not be industry news in itself, but when it’s someone who has a track-record for influencing jewellery trends, the...
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