CATEGORIES

“The Diamond Origin Report service will continue to be an area of focus, along with several digital transformation initiatives - Sriram Natarajan

Sriram Natarajan Managing Director of GIA India

We need to create an inspiring vision for Natural Diamonds - David Kellie CEO, Natural Diamond Council

David Kellie, CEO of the Natural Diamond Council in an exclusive interview with Sumesh Wadhera, Chief Editor, The Art of Jewellery shared his valuable insights about the rebranding of DPA to NDC and various other initiatives. We at AOJ would like to share this exciting Q&A session with our readers.

Jewellers urge extension of grace period of mandatory hallmarking of gold jewellery

The Centre, in November 2019 had announced that hallmarking of gold jewellery would be made mandatory across the country from January 15, 2021.

Forevermark Diamonds stand by its commitment to protect the environment and wildlife this Environment Day

Forevermark, the diamond brand from the De Beers Group believes what they do every day builds a lifetime of moments that will build your Forever. On International Environment Day, Forevermark reiterates their commitment to protect wildlife and keeping responsible sourcing at the very centre of their business to build a beautiful tomorrow.

Certain amendments will make Gold Metal Loan a robust financial product

Gold Metal Loan (GML) is a mechanism under which a jewellery manufacturer borrows gold metal instead of rupees and settles the GML with the sale proceeds obtained. GML can be availed for 180 days in case of domestic jewellery manufacturers and for 270 days in case of exports.

Lockdown: Taking Huge Toll On Employment In The Jewellery Sector

It is unpredictable when the lockdown will be lifted and when the jewellery industry workforce will return to work again as lakhs of workers depending on gem and jewellery sector pan India have been shattered and left to their hometowns due to loss of jobs for reason being temporary shutdown of units and shops due to Covid-19 pandemic, therefore creating a huge toll on employment in the jewellery sector. Meanwhile the industry is extending its support towards workers with food and monetory benefits but till how long will it continue is a questions. On this note, this special report will describe on how lockdown is taking huge toll on the employment in the jewellery sector and also the experts suggestions on retaining the workforce.

Post Covid-19 Lockdown: Impact On China Jewellery Industry

When most of the world was going into coronavirus lockdown, China was slowly emerging from it. The Chinese government began to lift all the lockdown restrictions imposed across the country when the covid-19 cases began to decline. Currently, China jewellery industry is recovering steadily as the spread of Covid-19 has been contained and the situation in China is well under control.

Dubai's iconic Gold Souk reopens its doors to customers

Precautionary measures in place to safeguard health and safety of customers.

Retailers see 'Lowest Platinum Rates' as Golden Oppurtunity

Platinum prices tends to be as much as double the gold prices but for some time now the platinum prices have been fallen down. The 23rd edition of Platinum Quarterly report commissioned by World Platinum Investment Council (WPIC) published on 18th May 2020 says, “While the COVID-19 pandemic has had a major negative effect on the platinum market including price, demand and supply - the results for Q1 2020 show the net effect is less than feared, and the outlook for 2020 is better than expected.”

WGC releases ‘Retail Gold Insights: India Jewellery' report

Survey highlights that 60% of Indian women own gold jewellery and 37% of Indian women have not bought gold jewellery in the past but are open to buying it in the future.

Yogesh Mudras Managing Director, Informa Markets, India

“Hybrid model of business going to continue in future where physical and digital will merge into each other because post Covid-19 people may not freely travel so that’s why we have to prioratise digital platforms.”

Gold has proved itself that in times of difficulty it helps

Chandu Siroya is Vice Chairman of Dubai Gold & Jewellery Group and Managing Director, Siroya Jewellers, Dubai. In an exclusive interview with Sumesh Wadhera, Managing Director and Chief Editor, The Art of Jewellery, he shares his view on the current business scenario in UAE and the way forward.

COVID-19: JEWELLERS START OPENING STORES, WITNESS BETTER THAN EXPECTED RESPONSE POST LOCKDOWN

Finally, jewellers have opened shops in few states after relaxation in lockdown. Good turnout of customers was witnessed on the first opening day. Hard hit by the Coronavirus, jewellers feared that it will take long time for the customers to come to shop and buy jewellery.

Bruce Cleaver CEO, De Beers Group

“While we understand that the current time is difficult and we need to assist everyone in the diamond industry, it is not right to tinker the supply chain.”

A Digital Transformation for Jewellery Industry

COVID 19 crisis has catapulted one of the worst hit recessions in the history of mankind. Health and economy of all countries are thrown out of balance. The whole world has moved into a blackhole of uncertainties. The scale in which the pandemic has impacted is unimaginably huge.

Forevermark Unveils Its Latest Podcast Episode Levison Wood: Walking With Elephants

This Earth Day, Forevermark has released its latest podcast episode, Levison Wood: Walking with Elephants on “The Power of the Diamond” series.

Knowledge Webinar Takes Centre Stage Amid Coronavirus Lockdown

The jewellery industry has always been active and in this time of lockdown the industry is utilising the time in a constructive way by conducting knowledgable webinars, which are conducted with collective efforts by various associations like GJEPC, GJC, IBJA including media houses like AOJ Media along with KNC Services and Glambox etc. These webinars include interesting sessions on various topics along with mutiple training session that are delivered by eminent speakers including women speakers of the industry. Webinars conducted so far has received huge appreciation and are considered as useful as well.

Post Lockdown Buy Back Of Gold

Challenges and Opportunities

WORLD'S FOREMOST ‘ONLY DIAMOND SHOW' BHARAT DIAMOND WEEK (BDW) GOES DIGITAL

The organizing committee of Bharat Diamond Week (BDW), world’s foremost ‘only diamond show’ decided that the BDW will go Digital.

WGC's Survey Provides Crucial Insights on India's Gold Investment Market

The research study confirms that there is a high penetration of gold among Indian retail investors: two thirds of those surveyed had bought gold in the past. But then 29% of retail investors have never bought gold in the past but are open to the idea of buying gold in the future. So, there is a significant opportunity for the industry to seize upon and grow the market.

Natural Diamonds – The True Wonders of Nature

Diamonds have always been desired for their sparkle, endurance and strength.

De Beers Group Institute of Diamonds offers online diamond foundation course for free to industry partners

Retail staff and jewellery industry professionals invited to take online only course for free during nationwide Covid-19 outbreak.

De Beers Group contributes funds across Botswana and Namibia to support Covid-19 response

De Beers Group contributes $2,500,000 across Botswana and Namibia to aid the response to the COVID-19 crisis.

GJC launches GJS a mega B2B show to be held in Mumbai in June 2020

All India Gems and Jewellery Domestic Council (GJC), presents its dream project -India Gems and Jewellery Show (GJS) 2020 - the first edition of its B2B expo in Mumbai from 25th to 29th June 2020 at Bombay Exhibition Centre (BEC) Mumbai.

Diamonds - from real emotions to real transformation of lives

The value of diamonds has been calculated not just by their price down the ages, but also the deep emotional connection they hold for those who own them.

Assocham's 12th International Gold Economic Forum takes place in New Delhi

Background paper on the gold industry launched at 12th International Gold Economic Forum in New Delhi.

64th Bangkok Gems & Jewelry Fair had more foreign buyers, generated 70 Million USD in revenue, 13% Increase in foreign visitors

The 64th Bangkok Gems & Jewelry Fair organized by the DITP, Ministry of Commerce on September 10 – 14, 2019 at IMPACT Muang Thong Thani under the theme of “Thailand’s Magic Hands: The Spirit of Jewelry Making” was highly successful.

250 Artisans Craft 50 kg Gold Plated Durga Idol for the Grand Durga Puja in Kolkata

Durga Puja is one of the most important festivals for the people of Kolkata and it is celebrated in a splendid manner.

Jaipur Hosted ICA Congress 2017 In October

The 17th International Colored Gemstone Association (ICA) Congress 2017 was organised from 21st to 24th October 2017, at Hotel Fairmont in Jaipur.

Daivadnya Jewellers Association 1st AGM Held At Belgaum On 27th March

Daivadnya Jewellers Association, Belgaum first Annual General meeting was held at Belgaum on 27th March 2018. It was followed by an educational and informative session.