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

India: 7.8 Tonnes Gold Imported In July

19 august 2009

Economic Times (ET) reports that gold imports fell sharply in July to 7.8 tonnes from 24 tonnes in the same month last year as demand dropped amid rising prices. Gold imports stand at 7.8 tonnes in July 2009 compared to 24 tonnes in the same month last year, a 67.5% decline data provided by the Bombay Bullion Association shows.
The demand for the precious metal declined as the prices hovered between Rs 14,500 and Rs 15,000 per 10 gm level in the domestic markets Bombay Bullion Association president Suresh Hundia informed ET.
Gold imports have been sluggish so far this year and was at 59.4 tonnes during January-July 2009 compared to 163 tonnes in the same period last year the data revealed. In January only 1.8 tonnes of gold was imported followed by no imports during February and March because of lack of demand due to high prices.
In April the country imported 20 tonnes on account of Akshaya Tritiya — a festival considered auspicious for buying gold.