GCal Laboratories will be showcasing $3,5 million worth of Nirav Modi’s jewelry retail chain collections. Among the to be auctioned collections of the fugituve, bankrupt diamantaire are platinum and 18-karat gold collection suites such as Embrace, Luminance, Mughal, Lotus, Celestial and Jasmine. The Embrace Collection (expandable) includes bracelets, wedding bands, and necklaces. In the past, […]

The post Las Vegas: GCal to showcase Nirav Modi’s jewelry collections at JCK toward auction sale appeared first on The Jewelry Magazine.

The central figure in an alleged $2bn fraud that rocked India’s state-owned Punjab National Bank has been arrested in London in response to a request from New Delhi to extradite him. Nirav Modi, a celebrity jeweller whose boutiques were in some of the world’s most prestigious shopping districts, was refused bail by a Westminster magistrates’ […]

The post Celebrity Indian jeweller Nirav Modi arrested in London, bail denied appeared first on The Jewelry Magazine.

Higher gold prices and tightened credit availability are expected to weaken growth in jewellery demand by 2-4 percent during 2018, a credit rating agency said on Monday. However, the situation is not as gloomy as it appears in the medium to long-term, the gold volume growth is likely to return on account of rural demand, […]

The post Higher Gold Prices To Weaken Jewellery Demand Growth: ICRA appeared first on The Jewelry Magazine.