Gold prices steady as US-China trade optimism pressures dollar
Spot gold was mostly unchanged at $1,184.24 an ounce at 0037 GMT. Last week, it touched its lowest since January 2017 at $1,159.96.
The metal fell 2.2 per cent last week, recording a sixth consecutive...
Exelco North America Files for Chapter II
On Sept. 26, Exelco North America, the local branch of the prominent Belgian diamond company, filed for Chapter 11 in Delaware bankruptcy court.
Also filing for Chapter 11 are affiliated companies Exelco NV, FTK Worldwide...
ALROSA Holds First Auction at its Recently Reopened New York Office
ALROSA held its first auction – after a gap of almost two years -- following the reopening of its office in New York, recently.
At the auction, held from April 23 to May 11, 2018,...
CIBJO Highlights Jewellery Industry’s Efforts to Support Sustainable Development at UN Meet
CIBJO President Gaetano Cavalieri represented the global jewellery industry at the annual High-Level Segment of the Economic and Social Council (ECOSOC) currently underway in New York, where a note was circulated highlighting the efforts...
Small Town Consumers Driving Rise in ‘Digital Gold’ Purchases
Consumers in small towns across India such as Kanchipuram, Dhanbad, 24 Paraganas, Burdawan, Godavari and Thiruvallur are the main purchasers of digital gold, an investment product that can be bought online through Paytm, India’s...
Large Number of Visitors at GJEPC’s India Rough Gemstones Show in Jaipur
Nearly 1,000 members of the trade, including both pre-registered and on-the-spot visitors attended the opening two days of the India Rough Gemstones show organised by The Gem & Jewellery Export Promotion Council at Hotel...
De Beers’ Forevermark Looks to Ramp up India Footprint
De Beers Group brand Forevermark is on an expansion drive to take its pan-India footprint to 250- 260 by the next year as the market is slowly picking up, a top company executive has...
NRF: Record Number of Consumers Shop Over Thanksgiving Weekend 2019; Total Spend Up by...
The National Retail Federation (NRF) of the USA, announcing the results of its consumer survey on shopping over the Thanksgiving weekend (Thursday November 28 to Monday December 2, 2019), said that a...
Baselworld Vows Reforms Amid Swatch Group Exit
Baselworld is setting the stage for fresh reforms that will take place in the 2019 edition as it expressed regret over luxury conglomerate Swatch Group’s departure.
René Kamm, CEO of MCH Group, remarked, “We extraordinarily...
Meghan Markle and Mickey Mouse mania bolsters jewellery and watch sales for eBay
Ebay has released its 2018 Shopping Report, highlighting a spike in searches for coloured gemstone pieces following the two royal weddings.
After Meghan Markle wore an aquamarine cocktail ring to her wedding reception, a gift...
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