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Car industry drives up platinum and palladium demand - and prices

Car industry drives up platinum and palladium demand – and prices

A surge in investment buying and higher automotive consumption will underpin a nine percent gain in gross platinum demand in 2019, offsetting weakness in...
Gujarat diamond industry facing large-scale job issues

Gujarat diamond industry facing large-scale job issues

Sluggish global demand, coupled with the bankruptcy of a few firms, have resulted in large-scale unemployment in the diamond industry in Gujarat, especially in...
Is the trade war a catalyst for gold?

Is the trade war a catalyst for gold?

Although most of the precious metals sector has trended lower in recent months, gold has held up well. It and the other, weaker components...
Namibia's CPB awards disputed US$21-million diamond deal to controversial firm

Namibia’s CPB awards disputed US$21-million diamond deal to controversial firm

The leading daily The Namibian reported that Namibia's Central Procurement Board (CPB) has awarded an N$300 million contract to Gem Diamonds Namibia to...
LVMH partners with superstar Rihanna on luxury label

LVMH partners with superstar Rihanna on luxury label

Luxury group LVMH has confirmed a partnership with popstar Rihanna, which will include the launch of a jewellery offer. After months of speculation, LVMH has...
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