Thursday, 2 July 2015

Quote of the day 2nd July 2015



“IBJA is committed to zero tolerance against unethical business practices of Hallmarking Centre as it spoils reputation of manufacturers and jewellers in the country.”
 
Surendra Mehta, Secretary, IBJA


Quote of the day 2nd July 2015



“The diamond trading exchange will result in the homogenization of diamonds, simplifying the manner in which they are valued and hence allowing them to be traded as a commodity."

Alain Vandenborre, Executive Chairman, Singapore Diamond Investment Exchange (SDIX)


Wednesday, 1 July 2015

Quote of the day 1st July 2015



 “Gold is sold at a discount because of supply surplus. Actual demand remained lower this season.”

Bhargav Vaidya, Analyst, B N Vaidya & Associates


 

Quote of the day 1st July 2015



“Since demand has also been significantly lower, dealers sell gold at a discount of US $7-8 an oz. Sitting on huge inventory amid poor demand, bullion dealers are matching with cheap imports from other sources and, therefore, they are selling at a discount.” 

Kumar Jain,MD, Umedmal Tilokchand Zaveri