Gold-backed ETFs jumps in September!

In September, global gold-backed ETFs and similar products had US$3.9bn of net inflows across all regions, increasing their collective gold holdings by 75.2t to 2,808 tonnes (t), the highest levels of all time. Holdings surpassed late 2012 levels, at which time the gold price was near US$1,700/oz, 18% higher than current levels.

Enhance the buying experience at PNG

In an effort to further, enhance the buying experience of customers legacy brand PNG Jewellers, has come up with The Pure Happiness Offer. The offer will include diamond jewellery at a special price starting from Rs. 1,19000/- in addition to this customers can also avail upto 20% discount on gold jewellery making charges. The offer will be available from 1st October to 31st October 2019 at PNG Jewelers' stores in Pune, Mumbai, Indore, Nagpur, Goa, Aurangabad and Ahemadnagar.

Tribute to the Modern Indian Goddesses

Known for reinventing trends and innovative takes on Design, 33 year old luxury jewellery brand Anmol captures the divinity of Modern Indian Goddesses with, Anmol Goddesses, campaign this Navratri. The trend setting campaign featured leading 9 luxury & fashion bloggers who played modern Indian Goddesses in contemporary avatar for this campaign.

Matryoshka diamond found in Yakutia

An unusual diamond with another diamond moving freely inside was mined in Yakutia at the Nyurba mining and processing division of Alrosa. Due to its peculiarity, the stone resembles a traditional Russian Matryoshka doll. According to the experts who have studied the find, this is the first such diamond in the history of global diamond mining.

Lesotho renewed Letšeng lease

Gem Diamonds Limited announced that the mining lease for the Letšeng mine has been renewed by the Government of the Kingdom of Lesotho. Following a successful statutory negotiation process, the terms of the renewed mining lease were agreed with the Lesotho Mining Board and include the following material terms:

DGCX breaks all-time volumes record

The Dubai Gold and Commodities Exchange (DGCX) has continued its record-breaking performance this year, registering its best quarter since inception with over 7.98 million contracts traded in the third quarter of 2019, with over 2.37 million contracts traded in September, valued at USD 41 billion.

The Exchange also recorded a monthly Average Open Interest (AOI) of 410,847 contracts in September, its highest AOI since September 2016. Average Daily Volumes (ADV) in September reached 112,988 per day, up 20% year-on-year (Y-O-Y).

Unki platinum, the first IRMA Mining

Anglo American announces that its Unki platinum mine in Zimbabwe is the first to publicly commit to be independently audited against the Initiative for Responsible Mining Assurance’s (IRMA) ‘Standard for Responsible Mining’.

IRMA’s Standard for Responsible Mining has been developed over ten years through a public consultation process with more than 100 different individuals and organisations, including mining companies, customers and the ultimate downstream users of mined products, NGOs, labour unions, and communities.

GCA Offers Courses in SA

The Gem Color Academy (GCA), Gemewizard's educational arm, and the Gem Training International of South Africa, run by Alan Lowe, announced the official signing of a strategic agreement that will enable Gem Training International to offer online and on-site classes of Gem Color Academy's brand new Colored Stones Grading Course in the area of Southern Africa.

VOD DIJS 2019 is back for its third edition

Jewellery will be playing the star role during the four days that DV Global Link, the joint venture between Italian Exhibition Group (IEG) and the Dubai World Trade Centre (DWTC), is organizing in the Emirate city of Dubai.

From November 13th to 16th, VOD Dubai International Jewellery Show 2019 (VOD DIJS), the exclusive B2B and B2C jewellery event in the MENA area (Middle East, North Africa), will see a selection of top local and international exhibitors coming into contact with leading decision-makers and trendsetters from the jewellery world, involving producers and large-scale wholesalers, distributors and retailers as well as the end consumer.

Special tender to close on 15 November

Petra Diamonds Limited announces a special tender of the exceptional 20.08 carat blue diamond recovered from the Cullinan mine in South Africa in September 2019. Viewings will take place from Friday 1 & untill Thursday 7 November 2019 at Petra's diamond marketing offices in Johannesburg.