CIBJO Ethics Commission publishes special report

With fewer than four weeks away before the opening of the 2014 CIBJO Congress in Moscow on May 19, 2014, the fifth of the CIBJO commissions' special reports has been released. Prepared by the CIBJO Ethics Commission, headed by Cecilia Gardner, the report looks specifically at ethical advertising principles and standards for the gemstone and jewelry sectors.  read more

Anglo Asian increases Azerbaijan gold output by 32%

Azerbaijan's main gold producer said it had increased output by 32 per cent in the first quarter of 2014 and set a target of 62,000 to 67,000 ounces for the year, up as much as 28.7 per cent from production in 2013.
read more 

Dubai Global Gold Centre on continuing bullion demand

Even though the price of gold has fallen below the psychological level of US $1330 an ounce, and while the mainstream media continues with its consistently negative coverage, demand for physical gold remains extremely robust in certain regions.
read more

Gold edges up, but holds near 2-1/2-month low as equities rally

Gold edged up on Thursday but held near a more than two-month low with a rally in equities dimming its appeal as an alternative investment, while demand from jewellers was also muted as they waited for prices to drop further.
read more

Credit card purchase dominate the jewellery segment in India: RBI

Of the 369 million debit and credit cards in the country, 10-15 per cent are used only for online transactions, the Reserve Bank said.

India is one of the fastest-growing countries in the plastic money segment, with close to 350 million debit cards and 19 million credit cards in circulation.
read more

India's gold import likely to decline in April and May

While comparing with March, India’s gold import is likely to decline in April and May as India has restricted money flow in order to raise curtain for the general elections. According to the officials, the government’s stringent restriction over money has knocked down the purchasing power of the customers.  read more 

GIA appoints Matt Crimmin VP of laboratory operations

The GIA has named Matt Crimmin vice president of laboratory operations, focusing on Africa and the Middle East.

Crimmin comes to GIA from Procter and Gamble but has spent much of his career at GIA.  read more