Silver Promotion Service (SPS), a sister concern of the Silver Institute, a silver promotion body, announced the results of a US consumer research study showing pent-up demand for jewellery, as well as…
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Investors have embraced gold in 2020 as a key portfolio hedging strategy, said the World Gold Council (WGC) in its latest report titled, Gold mid-year outlook 2020: Recovery paths and impact on…
The duty drawback rate on gold has been increased by 15.6% from Rs.372.9 per gm to Rs.431.1 per gm, which will enable exporters to get higher returns on duty and taxes that…
Alrosa reported that its June 2020 rough diamond sales dropped 31% to $24.8 million, from $36.2 million in May 2020. The Russian miner’s total sales for the month, including rough and polished…
In a major relief to the Indian diamond industry, the Central Board of Indirect Taxes And Customs, Ministry of Finance, Department of Revenue, Government of India, at the behest of the Gem…
Alrosa decided to change dates for its trading sessions in July and August after having reviewed the current market situation. The July trading session, initially scheduled for 12th-17th July, will take place…
Investors flocked to silver-backed exchange-traded products and silver bullion coins in the first half of this year, according to a report released by The Silver Institute, an association of silver producers, refiners,…
Edward Asscher, president of the World Diamond Council (WDC), has expressed the WDC’s strong support for an agreement announced by the De Beers Group’s GemFair initiative, the Deutsche Gesellschaft für Internationale Zusammenarbeit…
De Beers Group’s second Diamond Insight ‘Flash’ Report highlights a sense of optimism among diamond jewellery retailers for the fourth quarter. More than 62% of US consumers would prefer to buy diamond…
IN ITS ROLE AS THE KIMBERLEY PROCESS CHAIR, INDIA HOSTED THE KP PLENARY MEET IN NEW DELHI IN NOVEMBER 2019, BRINGING TOGETHER 55 PARTICIPANTS REPRESENTING 82 COUNTRIES, TO ENSURE THAT THE KP…