India's polished diamond exports falls 11% in July

India's polished diamond exports fell 11.2 per cent year on year to US $1.852 billion in July, according to provisional data provided by the Gem and Jewellery Export Promotion Council. read more

Quote of the day - 20th Aug 2014

“Despite cuts at gold miners, mine production has continued to rise to new record highs growing 4% Y/Y in H1 2014.”

World Gold Council (WGC)

AOJ EXCLUSIVE: GJEPC election in progress; Pankaj Parekh likely to be the new chairman

The Gem and Jewellery Export Promotion Council (GJEPC)elections are started and key people from the industry are contesting. As per the guidelines of GJEPC, read more

Mumbai based jeweller creates gold shirt worth 1.47 cr for a politician

Mumbai based jeweller Mahendra Sanghvi from Shanti Jewels has created wearable gold shirt made with four kg gold valuing approximately Rs1.47 crore. read more

IGI to organise its Buyer-Seller-Knowledge Meet in Bangalore this September

Following the success of the previous D- Shows, IGI is organising a three day "Buyer/ Seller and Knowledge Meet" in Bangalore from the 01 -03 September 2014 at the Taj West End. read more

Barclays sees higher gold demand globally

The latest World Gold Council (WGC) Gold Demand Trends report confirmed the weakness across gold consumers. The gold physical market balance swung back into surplus in Q2 14, read more

Winsome Diamonds suspected to have diverted Rs 6,500 crore loan funds abroad

The Winsome Group, which is into diamond trading, has now accumulated defaults of Rs 6,581 crore on loans from a consortium of 15 public sector banks read more