An advanced
“one-stop-shop” for diamond manufacturing, recently opened near the
Israel diamond complex in Ramat Gan, is the first step in an ambitious
plan by Israeli diamond leaders to bring back a large part read more
Thursday, 26 March 2015
More entities may join electronic LBMA gold price
After nearly a
century, the traditional practice of fixing gold prices through the
historic London Gold Fix has been discontinued in favour of the new
electronic London Bullion Market Association (LBMA) gold price, read more
China should boost gold reserves to 5% of its total foreign exchange: WGC
China should increase its gold holdings to around 5 per cent of its
total foreign exchange reserves to help diversify currency risks, the
World Gold Council (WGC) said. read more
Wednesday, 25 March 2015
Quote of the day 25th March 2015
“Indians have developed a big appetite
for diamond jewellery. The middle-class too is lapping up this
jewellery fast. Many retailers are also making affordable jewellery for
all the segments of consumers."
Mehul Choksi, CMD, Gitanjali Group
Quote of the day 25th March 2015
“If the country manages to tap even
1% of the over 22,000 tons of household gold stocks, gold imports would
be significantly contained.”
Rajesh Khosla, MD, MMTC-PAMP
Mumbai gold premium remains solid with demand ahead of the annual Akshaya Tritiya
The premium for gold
in Mumbai remains solid, with demand ahead of the annual Akshaya
Tritiya festival in April starting to pick up momentum. read more
Diamond jewellery demand picks up, middle-class is the key driver
Diamonds are
forever. But in India they are for everyone too! At least, this is what
the sales figures of diamond jewellery in this traditional gold
consuming country show. Diamond jewellery sales in the country read more
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