Platinum’s rare nature gives it additional value and appeal

Huw Daniel is the CEO of Platinum Guild International, overseeing market development activities in China, Japan, India and the USA, on behalf of the platinum producers of South Africa. Before taking up this role in 2015, Huw ran PGI USA for 12 years...

13 september 2021

Marco Carniello: We want to continue to be the engine boosting the jewellery industry

Italian Exhibition Group (IEG) is a leader in Italy in the organisation of trade fairs and one of the main operators in the trade fair and conference sector at European level, with structures in Rimini and Vicenza, as well as further sites in...

06 september 2021

There is a significant need for smart and technological financial solutions in the diamond industry

MDPS, the Israeli start-up Fintech company from the Mazalit Group is gearing up to enter the diamond industry soon. Zeev Maimon, the CEO of MDPS is also the Founder / CEO of MAZALIT, a B2B payment platform designed and dedicated to the global diamond...

30 august 2021

The future for synthetics lies in that it has become possible to grow a stone you want and make what you want out of it

Alex Popov, President of the Moscow Diamond Exchange and head of the Âme jewelry brand, which uses lab-grown diamonds to produce jewelry, sat for an interview with Rough&Polished sharing his views on the coexistence of natural and man-made diamonds in...

23 august 2021

De Beers’ GemFair ropes in more than 160 Sierra Leone artisanal miners

De Beers inaugurated its GemFair pilot programme in Sierra Leone’s Kono District with 14-member mine sites in 2018 to create a secure route to market for ethically sourced artisanal and small-scale diamonds. GemFair programme manager Ruby Stocklin-Weinberg...

16 august 2021

SCB: Steadier gold prices anticipated this year

12 february 2016
While global commodity markets are suffering from low demand and oversupply, India is undergoing some interesting regulatory changes, including the gold monetisation scheme.
Jeremy East, managing director and head (metals trading & commodities, Northeast Asia and Greater China), Standard Chartered Bank (SCB) shares the global commodity trends and their likely impact on Indian market.
He said, “Gold is in a slightly different situation. Production has started to decline and we are seeing it falling by around three or four per cent this year and next year. Gold is a couple of years ahead of the general trend of commodities markets, in terms of supply. This is potentially more supportive for the price. We are anticipating steadier gold prices this year”.
Commenting on the Indian gold market he said, “Most of the gold comes from offshore. There is now a window of opportunity for the government to promote and create a domestic gold market and bring some of the existing stocks in India into circulation. It should be done now because it takes time to develop a domestic market and to get the basic infrastructure in place. It definitely appears that the government is supportive of creating a domestic gold market for the industry and all these new initiatives that are coming to support this view. I can see the domestic Indian market succeeding the same way the China market did.”

Aruna Gaitonde, Editor-in-Chief of Asian Bureau, Rough & Polished