23-August-2019   11:55 AM

The recession in diamond industry in the last six months has become more acute, with the purchase of rough stones by diamantaires based in Surat and Mumbai falling to the lowest level in the last 10 years since the glob ...

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23-August-2019   11:50 AM

The Bharat Diamond Bourse (BDB) announced the signing of Memorandums of Understanding (MoUs) with Thailand's leading gems and jewellery associations for participation in the Bharat Diamond Week (BDW) which will take pla ...

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23-August-2019   11:45 AM

Rising gold prices, resulting in a widening gap between gold and platinum prices, is pushing young turks into preferring white metal over yellow. Demand for platinum jewellery has risen 29% in April-June quarter and ind ...

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23-August-2019   11:40 AM

Gold prices dipped on Thursday as investors locked in profits, with the focus shifting to Friday’s speech by U.S. Federal Reserve Chairman Jerome Powell at the Jackson Hole meeting for clarity on the direction of moneta ...

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23-August-2019   11:35 AM

China has partially lifted restrictions on imports of gold, bullion industry sources said, loosening curbs that had stopped an estimated 300-500 tonnes of the metal worth $15-25 billion at current prices from entering t ...

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23-August-2019   11:30 AM

Gold’s faring extremely well as a haven asset, with inflows into exchange-traded funds hitting 1,000 tons since holdings bottomed in early 2016 after a prolonged unwind in the wake of the global financial crisis. Tota ...

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22-August-2019   11:55 AM

Tango Mining has terminated its service agreement to mine and market diamonds from the Moquita project in Angola. The company, in September, signed on to finance the alluvial project, which is located just north of ...

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22-August-2019   11:50 AM

There is a great deal of excitement and interest building up over ‘The Spirit of the Rose’ diamond which will be put up for sale later this year, though no details on the where and how have been released by ALROSA, the ...

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22-August-2019   11:45 AM

A slowdown in demand for diamonds in China and West Asiais estimated to have caused a 10-15% job loss in the diamond cutting and polishing hub in Gujarat in the first four months of this fiscal year. Prices of polishe ...

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22-August-2019   11:40 AM

The Coimbatore Jewellery Manufacturers’ Association has appealed to the Union Government to abolish Goods and Services Tax (GST) on handmade jewellery. This was one of the resolutions passed by the association at its a ...

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22-August-2019   11:35 AM

The centre has revived its intention to make hallmarking mandatory for gold jewellery and plans to notify the regulation in WTO in a week time, a top official said. Bureau of Indian Standards(BIS) Director General Suri ...

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