NEWS

ORRA Promises to Make Your Gold More Precious

ORRA Promises to Make Your Gold More Precious

Mumbai, 20th January, 2017: 2017 has ushered in with it a season of celebration through weddings in India! Celebrating this season of togetherness, ORRA has launched exciting offers on gold jewellery that will run until the 17th of February. Patrons will be privy to offers on exchange of gold jewellery as well as flat discounts on making charges.


Jewellery Demand to Surge in 2017

Jewellery Demand to Surge in 2017

Dubai: Demand for gold jewellery in Qatar is expected to show an upward trend this year as major jewellery outlets here forecast a “positive year” for sales, according to industry sources.


International Conference on Jewelry Robbery & Burglary

International Conference on Jewelry Robbery & Burglary

Hague: Following 'Pink Panther', this week Europol organized, together with Austria and Switzerland, the first international conference on jewelry robbery and burglary under a new umbrella project entitled ‘Diamond’. Hosted at Europol’s headquarters in The Hague, the event brought together more than 70 experts from almost all EU Member States, as well as third parties from Europe, Asia, the Americas, Eurojust and private jewelry/watch companies. ‘Diamond’ was initially composed as a follow-up project to Interpol’s ‘Pink Panther’ project, which ended in 2016. The ‘Pink Panther’ project focused only on robberies committed by perpetrators from the Western Balkans. Diamond, however, will even extend its focus, which will not only include criminal networks involved in jewelry robberies, including burglaries, from Europe but also from the Baltic Sea and Western Black Sea areas.


ALROSA President to Take Part in Davos Forum

ALROSA President to Take Part in Davos Forum

Moscow: ALROSA President Andrew Zharkov takes part in the World Economic Forum in Davos, Switzerland.


DPA Plans to Increase Budget

DPA Plans to Increase Budget

The Diamond Producers Association (DPA) plans to increase its annual budget to $60 million from $6 million by asking members for bigger contributions, Bloomberg reports.


Forevermark Holiday Sales Outperform Rest of Trade

Forevermark Holiday Sales Outperform Rest of Trade

New York: Forevermark diamond sales in the U.S. jumped 6.4 percent during the holiday season as product launches and focused marketing campaigns paid off, De Beers chief executive officer Bruce Cleaver said.
 

De Beers' Auction to Pilot Fixed-Price Forward Contracts

De Beers' Auction to Pilot Fixed-Price Forward Contracts

Gaborone: The De Beers Group of Companies yesterday announced that its Auction Sales business is to begin piloting fixed-price forward contracts. These contracts will offer the opportunity for Auction Sales customers to guarantee access to future supply with certainty over the price to be paid when the contract reaches maturity.


India’s Export of Gold Bars Surges

India’s Export of Gold Bars Surges

Mumbai: India’s Gem and Jewellery Export Promotion Council (GJEPC) has released the details of imports and exports of raw materials for gems and jewellery for the month of December last year.


Diamcor Affected by India’s Demonetization

Diamcor Affected by India’s Demonetization

Kelowna (Canada): Diamcor reported weaker prices at its fiscal third-quarter tenders as India’s demonetization policy that sapped liquidity from the market hit the miner’s sales.


Integrity of Jewellery Supply Chain to be Focused at VICENZAORO Seminar

Integrity of Jewellery Supply Chain to be Focused at VICENZAORO Seminar

Milan: The requirement that all jewellery components be shown to have been responsibly and ethically sourced, handled and traded has become a central tenet of the luxury markets in the 21st Century, and it has led to the development of a service sector that provides the means and methods of ensuring the integrity of the supply chain. Compliance with accepted codes of practice is increasingly becoming a condition for doing business with some of the largest companies in the business.



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