NEWS
New Jewellery Award being Launched
Munich: The Inhorgenta Munich trade fair
announced it is launching the Inhorgenta Award at its next show which runs from
February 18 to 21.It will be awarded in recognition of special
products and services in the jewelry and watch industry. There will be six
categories: Fine Jewelry – Brand of the Year, Fashion Jewelry – Brand of the
Year, Designer of the Year, Watch Design of the Year, Retailer of the Year and
Best Piece of Jewelry. Show organizers said that non-participants in the fair
can also take part in the contest.
RJC Officials Met with Key Industry Stakeholders
Dubai: RJC's Kinjal Shah and Bethan Herbert
have been visiting members and other key industry stakeholders in Dubai and
Antwerp in December.
Citigate inks JV for West African Diamond Mines
Dubai: Dubai-based Citigate Commodities
Trading has signed a joint venture agreement with Stellar Diamonds, the London
listed diamond development company focused on west Africa, for Safa Afrique,
its diamond mining portfolio.
DGJG Announces Mega Promotion
Dubai: Dubai Gold and Jewellery Group (DGJG) announced their mega jewellery promotion for the 22nd edition of Dubai Shopping Festival, which will run from December 26 to January 28 under the slogan ‘Shop.Win. Celebrate’. Unveiling the promotion at a press conference held at Conrad Dubai Hotel, Tawhid Abdullah, Chairman, Dubai Gold & Jewellery Group (DGJG) said that in this edition of DSF, gold buyers stand a chance to win up to 34 kilos of gold in 34 days.
Israel’s Polished Diamond Exports Slide
Ramat Gan: Israel’s polished diamond exports
slipped 2.5 percent to $3.84 billion in the first nine months, according to the
nation’s Ministry of Economy and Industry.
Diamond Ind. May Flourish Under New US Govt.
New York: Donald Trump’s policies as U.S.
president are expected to boost diamond sales as the trickle-down effect of
lower taxes will support luxury demand, according to De Beers chief executive
officer Bruce Cleaver.
Money Metals Exchange to Offer VULT to Investor Community
New York: Money
Metals Exchange, a leading U.S. precious metals dealer, has begun offering VULT
diamond investment units to its investor community.Recently named
precious metals "Dealer of the Year" by industry ratings group
Bullion.Directory, Money Metals news reaches over 1,100,000 readers. The
company's experience with nearly 100,000 customers, and $120 million in annual
revenues helped them conclude that VULT was "a breakthrough in precious
commodities investing - tradable, graded diamonds - ounce for ounce, up to
5,000 times more precious than gold."
S. Schnitzer wins Outstanding Exporters Award
Ramat Gan: S. Schnitzer Diamonds, a leading
Israeli diamond manufacturer and exporter, was awarded the Prize of Excellence
for Diamond Exports from Israel to Japan for the year 2015, in the presence of
His Excellency Ambassador Koji Tomita, during a ceremony at the Dan Hotel Tel
Aviv in mid-December. S Schnitzer was nominated for the prize by the
Japan-Israel Chamber of Commerce. The award ceremony was part of the
celebrations of the Chamber's 60th anniversary.
Joyalukkas’ Mangalsutra with Forevermark Diamonds
Mumbai: To mark one of the most significant
days of a woman’s life, Joyalukkas presents the Mangalsutra pendant from The
Arabelle Collection created with rare, beautiful and responsibly sourced
Forevermark diamonds. This exquisite piece inspired by nature, captures the
magnificent plumage of the white peacock, beautifully interpreted in
Forevermark diamonds.
India's G&J Exports Decline 20.4%; Gold Jewellery Down 35%
Mumbai: India's exports of gold jewellery (both studded and plain) also slowed down in Nov.2016 declining by 35% to $547.5 mn compared to $844.67 mn in Nov.2015, according to provisional data released by The Gem & Jewellery Export Promotion Council (GJEPC).