Monday, 2 January 2017

#AOJDailyeNews WFDB welcomes GJEPC as first non-bourse member


The World Federation of Diamond Bourses (WFDB) has welcomed The Gem and Jewellery Export Promotion Council (GJEPC) as a full member of the global diamond organisation. Read More

#AOJDailyeNews Rajesh Exports stock jumps on Rs. 929-cr export order


Rajesh Exports stock settled over one per cent up on the bourses today after the jewellery firm announced that it has won a Rs. 929-crore export order from the United Arab Emirates. READ MORE

#AOJDailyeNews ‘Gold prices likely to average $1,350 an ounce in 2017’


Swiss bank UBS looks for gold to average $1,350 an ounce in 2017, characterizing the metal as down but not out after significant price declines over the last few weeks.Read More

#AOJDailyeNews Indian Diamond & Colorstone Association (IDCA) re-elects Ashok Sancheti of Pioneer Gems as its president for 2017


The Indian Diamond & Colorstone Association (IDCA) re-elected Ashok Sancheti of Pioneer Gems as its president for 2017. Read More

#AOJDailyeNews India gold discounts widen, China premiums narrow on sluggish demand

Gold discounts in India widened this week as a rebound in global prices prompted buyers to postpone purchases amid a severe cash crunch, while demand across Asia remained subdued. Read More

#AOJQuote of the day 2nd January 2017

“I am delighted that the GJEPC has become our first non-bourse member. India is a very important part of the global diamond industry, and GJEPC is a major force in promoting the country's trade.” -

 Ernie Blom, President, The World Federation of Diamond Bourses (WFDB)


#AOJQuote of the day 2nd January 2017

“Demand for gold is still weak. Rural consumers don't have enough cash in hand to make big purchases like gold." -

 Daman Prakash Rathod, Director, MNC Bullion