Wednesday 30 November 2016

#AOJDailyeNews Sotheby’s Hong Kong auction fetches $3.5M

Sotheby’s sold $3.5 million (HKD 26.8 million) worth of jewelry at its Important Jewels and Jadeite auction in Hong Kong on Tuesday. Read More

#AOJDailyeNews Gold slides as market expects Fed rate hike

Gold prices fell on Tuesday due to expectations of rising U.S. interest rates and a higher dollar and improving sentiment for global economic growth, which means investors are likely to favour risk assets such as equities Read More

#AOJDailyeNews Organisers postpone Coimbatore Jewellery Show to be held in Dec 16, 2016

The 5th edition of Coimbatore Jewellery Show (CJS) which was scheduled  from 16th to 18th Dec, 2016 has been postponed due to the  current feeble market conditions.  The new dates will be announced soon. Read More

#AOJDailyeNews Surat diamond industry faces cut, nearly 80% small and medium diamantaires hit due to cash crunch

The demonetisation drive has drastically affected the diamond industry.  Surat polishes 95 per cent of the all diamonds processed in the world. While the size of the industry is estimated at around Rs 90,000 crore, the city houses close to 4,000 units which cut and polish diamonds.Read More

#AOJDailyeNews Indian demonetization denotes severe stress in the global gold market

It is becoming clear that the Indian currency demonetization is actually a planned attack on Indian gold demand, launched to disrupt gold prices and discredit gold as an asset class. The attack was required to alleviate severe stress in the global gold market that is becoming increasingly difficult for the Deep State controllers to contain.Read More

#AOJDailyeNews Indian cash crunch hits gold demand during peak wedding season

Mumbai resident Shashikant Zhalte's wedding this weekend will be less sparkling than his family had hoped, thanks to a cash shortage following Indian Prime Minister Narendra Modi's shock withdrawal of high-value notes to fight "black money Read More