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
Wednesday, 30 November 2016
#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
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