NEWS
Mumbai: India’s leading jewellery brands
which launched New Age Metal – Lumineux Uno, have put together a special Season
of Love package which includes amazing discounts, exciting gifts and special
jewellery collections in the form of Diya and Princess Jewellery.
Mumbai: Economic Survey for 2016-17 has
indicated that implicit subsidy for gold is still too high and it mostly goes
to the middle class. Market participants say that this indicates that
government is looking to have higher tax revenues from gold, reports Business
Standard.
New York: Demand for blue diamonds
increased substantially during 2016, while demand for yellows continued to
fall. For the full year 2016, the Fancy Color Diamond Index rose by 0.4%,
driven by price increases for blue and pink diamonds of 5.5% and 1.4%,
respectively, and offset by a 4.0% decline in prices of yellow diamonds.
Moscow: ALROSA’s production fell 2 percent
to 37.4 million carats last year in line with the miner’s plan to keep
inventory in check.
New York: Rio Tinto Diamonds will shut its
North American sales and marketing office as part of a cost-cutting exercise.
New York: Signet Jewelers chief operating
officer Ed Hrabak is leaving the company amid sweeping changes to the
retailer’s top management team.
Surat: Dozens of small traders and
manufacturers in Mahidhapura diamond market have suffered a massive loss after
a diamond trader defaulted on payments to the tune of Rs 7 crore to them,
reports The Times of India.
Basel: The Swiss Gemmological Institute
SSEF has become the first gem laboratory worldwide to introduce, as an
additional service to clients, age dating of pearls using carbon-14 (14C). This
scientific method can provide the pearl industry with new valuable information
about the age of loose pearls and pearls in jewellery.
Ramat Gan:
According to organizers of the 6th International Diamond Week in Israel
(IDWI) buyer registration has reached an all-time high, with hotel capacity
stretched to the limit. As a result, the Israel Diamond Exchange (IDE)
announced that it would close registration by Friday, February 3, 2017, and
that those registering after that date would not be guaranteed free hotel
nights.
Antwerp: After a very difficult 2015, the
Antwerp diamond industry recorded a 5% increase in trade in 2016. This past
year, a total of 48 billion USD worth of diamonds were imported to and exported
from Antwerp. The rough diamond market in particular is clearly making a strong
recovery. This is positive sign, given that the rough diamond trade is the foundation
and heart of the diamond trade. The proactive efforts of the Antwerp World
Diamond Centre (AWDC) to bring more rough diamonds onto the Antwerp market is
clearly bearing fruit.
Showing 3791 to 3800 of 4113 (412 Pages)
