Coronavirus: Distressed expats in UAE sell small quantities of gold amid cash crunch

Coronavirus: Distressed expats in UAE sell small quantities of gold amid cash crunch 0

🕔19:07, 30.Apr 2020

Indians’ traditional faith in gold and their penchant for the yellow metal is coming handy now, especially for expats facing a cash crunch. Restrictions imposed due to the spread of the Covid-19 coronavirus has left several expats either unemployed or

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Inspired by India, this Cartier bracelet sold for Rs10 crore

Inspired by India, this Cartier bracelet sold for Rs10 crore 0

🕔18:29, 30.Apr 2020

A gem-set, diamond and enamel “Tutti Frutti” bracelet by Cartier has just become the world’s priciest jewellery ever sold at an online auction. Estimated to be worth between $6-8,00,000 (Rs4.5 crore) and sold for $1.34 million (approx Rs10 crore) by

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De beers group donate $200,000 to assist women’s support organisations in its host communition to respond to Covid-19

De beers group donate $200,000 to assist women’s support organisations in its host communition to respond to Covid-19 0

🕔17:55, 30.Apr 2020

De Beers Group today announced a $200,000 donation across its four producer partner countries of Botswana, Canada, Namibia and South Africa to assist women’s shelters and support organisations to respond to an increase in gender-based violence resulting from the COVID-19

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World’s Foremost ‘Only Diamond Show’ Bharat Diamond Week [BDW] goes digital

World’s Foremost ‘Only Diamond Show’ Bharat Diamond Week [BDW] goes digital 0

🕔18:47, 29.Apr 2020

Show to support large number of buyers to get back into business by offering a much wider variety of products and increased number of exhibitors through the BDW – DIGITAL PLATFORM The organizing committee of Bharat Diamond Week [BDW], world’s

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Dubai’s Gold Souk re-opens after Covid-19 closure

Dubai’s Gold Souk re-opens after Covid-19 closure 0

🕔18:09, 29.Apr 2020

The Dubai Gold & Jewellery Group (DGJG), the trade body responsible for the gold and diamond sector in Dubai, has announced the re-opening of the emirate’s iconic Deira Gold Souk. The retailers within the souk are operating at reduced trading

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Dubai Gold & Jewellery Group announces high safety measures in Dubai Gold Souk Area

Dubai Gold & Jewellery Group announces high safety measures in Dubai Gold Souk Area 0

🕔17:37, 29.Apr 2020

Dubai Gold & Jewellery Group (DGJG), the trade body for the gold and diamond jewellery sectorin Dubai, announced the re-opening of iconic Deira Gold Souk, in accordance with the directives by the Supreme Committee of Crisis and Disaster Management. Starting

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COVID-19 reality: Dubai gold retailers will make do with fewer stores

COVID-19 reality: Dubai gold retailers will make do with fewer stores 0

🕔13:19, 22.Apr 2020

Dubai: Dubai’s gold and jewellery retailers will look to store closures to keep their costs in check once they re-open after the COVID-19 enforced shutdown. Reducing the size of the store network will be a priority for the big retailers,

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Celebrating a century of Italian jewellery design: Fabio Salini’s modernist eye

Celebrating a century of Italian jewellery design: Fabio Salini’s modernist eye 0

🕔17:42, 21.Apr 2020

On 10 March, Phillips New York was ready to open its doors to its first contemporary jewellery exhibition of the new decade: ‘Fabio Salini: The New Modernist Jewel’, a celebration of the Italian modernist jeweller’s 20-year career. As the global lockdown took

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Yoram Dvash Elected Acting President of WFDB

Yoram Dvash Elected Acting President of WFDB 0

🕔16:21, 21.Apr 2020

Yoram Dvash, President of the Israel Diamond Bourse, was unanimously elected as the Acting President of the World Federation of Diamond Bourses (WFDB). “The diamond industry like all other industries is going through a very difficult time due to the

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ALROSA’s Q1 2020 Operational Results Reflect Dip Due to COVID-19 Despite a Promising Start

ALROSA’s Q1 2020 Operational Results Reflect Dip Due to COVID-19 Despite a Promising Start 0

🕔19:05, 20.Apr 2020

Announcing its operational results for Q1 2020, ALROSA reported diamond production of 8 milllion carats and increased sales of 9.4 million carats. Total revenue from the sale of rough and polished diamonds for the period amounted to US$904 million (rough: US$881 million; polished: US$23 million) marking a

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