LBMA & WGC Advocate for Reclassifying Gold as High-Quality Liquid Asset Under Basel III
Last week, delegates from the London Bullion Market Association (LBMA) including Paul Fisher, Ruth Crowell, David Gornall, and Edel Tully, joined Mike Oswin of the World Gold Council (WGC) in Basel for a meeting...
Sanctioned Alrosa Buys a Gold Mine
Sanctioned Russian diamond miner Alrosa has concluded the purchase of a gold mine in the far east of the country and will invest $276m developing it.
The move comes seven months after the G7 and...
Central Bank Gold Demand Expected To Rise In 2025: Survey
More than eight in ten (81%) of respondents have indicated that they expect reserve managers will continue to increase their gold holdings in the next 12 months, according to new data released by the...
Jewelry Business “Sold Fake Gold Nuggets”
A jewelry business in Alaska, USA, sold fake gold nuggets to undercover investigators posing as customers, according to the state's attorney general.
Salespeople at Soni Inc, repeatedly told investigators the "gold nuggets" were remarkably pure...
Sea Candy Kaleidoscope Pendant by Drutis Jewellery
9 ct yellow gold pendant, semi precious and precious stones inside, sea themed engravings filled with cold multicoloured enamel, mother of pearl sides. Opening mechanism on the hoop of the kaleidoscope to detach and...
Passenger Caught with $84,000 of Gold Inside Body
A passenger at an airport in India was caught with almost 1kg (2.2lbs) of gold, most of it concealed inside their body.
They were intercepted at Bir Tikendrajit International Airport, Imphal, in the northeastern state...
Global Gold Demand Stays Strong, Supporting Record-High Prices: World Gold Council
The World Gold Council’s Q1 2024 Gold Demand Trends report reveals that total global gold demand (inclusive of OTC purchases) was up 3% year-on-year to 1,238 tonnes, marking the strongest first quarter since 2016....
Plain Gold Jewellery Exports Grew by 61.72% to US$ 6792.24 million in FY 2023-24
Gross export of total Gold Jewellery (both Plain & Studded) for the FY 2023-24 grew 16.75%
Gross export of Coloured Gemstones for the FY 2023-24 increased by 14% to US$ 478.71 million
Platinum...
GJEPC Kicks Off IIJS Tritiya Outreach Campaign In Dubai’s Gold Souq
The IIJS Tritiya promotion team launched a door-to-door outreach campaign in Dubai's Gold Souq, marking a pivotal step towards strengthening the relationships of Indian jewellery manufacturers in Dubai, one of the world's most dynamic...
Resident Entities Can Now Hedge Gold Price Risk in IFSC’s OTC Market
Resident entities have been given the green light to hedge the price of gold in the Over the Counter (OTC) segment within the International Financial Services Centre (IFSC). The decision, made by the Reserve...
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Historic Chaumet Jewels to Star at Bonhams’ Paris Jewels Auction
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GJEPC Delegation Highlights Urgency of Tariff Relief in Meeting with Shri Shaktikanta Das
In a significant move to safeguard India’s gem and jewellery exports, a high-level delegation from the Gem & Jewellery Export Promotion Council (GJEPC) met...
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