Petra Diamonds Limited reported that its Q1 revenue increased 33% to $82 million owing to the release of inventory carried over from Q4 FY 2020 and an increase in diamond prices following…
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Alrosa’s first auction for special size rough diamonds (over 10.8 carats) that was held in Dubai since the beginning of the pandemic, earned the company a total of $8.7 million. The auction,…
The National Diamond Council (NDC) continued its association with India’s premier fashion platform, Lakmé Fashion Week (LFW), to support its first ever digital season that ran from 20th-25th October 2020. The NDC…
Platinum is one of the rarest metals to exist on this planet, which makes it instantly more appealing for millennials. Vaishali Banerjee, Managing Director, PGI India, decodes the reasons for its popularity…
No other gemstone evokes the emotion of love and a sense of commitment like the diamond. This year, as the world battled with an unusual virus, the diamond industry collectively came to…
By Mukesh KumarMarket Intelligence GroupWorld Gold Council Summary The domestic gold price decreased by 4.4% m-o-m but ended the month 31.1% higher y-t-d1 Economic indicators sent mixed signals during August, suggesting that…
Petra Diamonds Ltd. announced a special tender process for the five blue diamonds of significant colour, clarity, size and heritage sourced from the Cullinan Mine in South Africa. The diamond quintet has…
Summary The domestic gold price increased by 11% m-o-m and is 37.2% higher y-t-d1 Economic activity weakened in July after showing signs of recovery in May and June Jewellery demand was supported…
That Indians love colour is an understatement. Coloured gemstones have been part of our bridal and couture wear. But sales of gemstones in our country are also driven by astrology, and people…
India’s gem and jewellery exports during the first quarter of FY2020-21 (April-June 2020) declined by 55% year-on-year to $2.75 billion as compared to $6.07 billion registered during the same period in the…