July 19, 2011

Branded gold jewellery: Tier II Tier III towns in India to drive growth’

India based credit rating agency CRISIL believes that Tier-II and Tier-III towns in India will drive growth for the branded Gold jewellery retailers over the medium term. Around two-thirds of…

July 19, 2011

Cautious response to sight in India, premiums expected to shrink

The Indian diamond industry’s reaction to the latest DTC Sight has been guarded. Business sentiment has been depressed over the last several days in the wake of the bomb blasts…

July 19, 2011

Sight prices up across the board

Cashing in on continued demand for rough diamonds, prices at the Diamond Trading Company’s Sight this week were increased for almost every single box. With few exceptions, prices were hiked…

July 19, 2011

Petra Diamonds mine revenue up

Diamond producer Petra Diamonds on Tuesday reported a 24% increase in gross mine revenue to US$220.6 million for the year ended June 2011, mainly due to the steady increase in…

July 19, 2011

Diamond traders to speed up ID card drive

To make their business areas more secure, Surat Diamond Association (SDA) members on Monday decided to intensify the drive to get everyone associated with the industry registered with the association…

July 18, 2011

Commodities 2011 halftime report

Commodities don’t all perform in the same way. In any given year, a particular commodity will go gangbusters and outperform the group.

July 18, 2011

Mumbai diamond traders warn govt

The Diamond Traders' Association of Mumbai has issued an ultimatum to the police and administration. Pained by the loss of many of its traders in the serial bomb blasts on…

July 18, 2011

Blasts: Diamond trader under scanner

The investigators of July 13 Mumbai serial blasts have been examining the role of a diamond merchant at Opera House who, they suspect, could have helped an Indian Mujahideen (IM)…

July 18, 2011

Despite terrorist attacks, Israeli firms insist on IIJS

Israeli diamond traders, very familiar with terrorist attacks and how it affects business activities, are not wavering from their commitments to furthering ties with their Indian counterparts.

July 18, 2011

IDEX Online Research: bridal market to remain solid for jewelers, but evolving

The jewelry bridal market, which generates upwards of 50% of many mass-market jewelers’ revenues, is a growth market, but changes are afoot, according to a new study.