GOLDNET.MARKET - “We want and are working to provide business with the opportunity to develop a lot of activity areas”

Today, almost all jewellery companies have their own wholesale websites, online stores, and social media pages. But a year ago, GOLDNET.MARKET, the first jewellery wholesale marketplace appeared in Russia, a new effective tool for the jewellery market...

20 september 2021

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

GJEPC appeals to members to voluntarily cease import of rough diamonds for 1 month from May 15

23 april 2020
The GJEPC has appealed to the diamond industry members through a notification explaining the present problems in the gem and jewellery market, as per a source in the diamond industry.
According to the notification, during the process of monitoring the situation and on responding to the plea from the GJEPC members, the Council held several meetings of the top member exporters and local members of Committee of Administration of the Council to discuss the current market scenario.
Colin Shah, Vice Chairman, GJEPC has done consultation meetings with prominent members of trade including local members of Committee of Administration of the Council.
Based on the opinion Council got from such consultation and the decision taken after that by the Diamond Panel Committee of the Council, a note has been sent to the Hon’ble Commerce Minister, Commerce Secretary, Economic Advisor and other Government officials and apprised them of the precarious state of the Indian gems and jewellery industry.
In order to protect the interest of the industry at large, it was suggested that the individual members may consider the option of curtailing their import of rough Diamonds from 15th May 2020 at least for the next 30 days.
Pramod Agrawal, Chairman, GJEPC also urges its members as well as non-members to consider their commercial and contractual position individually and consider ceasing their imports of rough diamonds voluntarily for a period of 1 month from May 15, 2020.
Also, the trade and GJEPC have decided to take review of the situation in the 2nd week of June to suggest further course of action in this regard.

Victoria Quiri, Correspondent of the European Bureau, Rough & Polished, Strasbourg