The return of some of the brokers, cutters and couriers who normally throng the city’s heavily-guarded diamond district, known as the Square Mile, comes as two of the world’s biggest gold refiners resume operations after Switzerland relaxed its lockdown measures.
Saudi Arabia will cancel and postpone spending and cut some allocations for Vision 2030, with a total cost of 100 billion riyals (Dh97.8 billion), according to Al Arabiya. This has been taken as part of the government’s efforts to manage the economic
Damas Jewellery is pleased to announce the appointment of Luc Perramond as Chairman and CEO, effective from April 20th. Luc Perramond joins Damas with a wealth of knowledge and an array of expertise, accumulated over 30 years within the luxury
The World Federation of Diamond Bourses is excited to announce the launch of its Young Diamantaires (YDs) website www.ydts.org. The organization has worked for the past four years with young members of the diamond community all over the world to
The Dubai Gold and Commodities Exchange (DGCX) witnessed a 653.45 percent year-on-year growth in trading of its G6 currency portfolio in April, as activity overall surged despite the economic uncertainty caused by the coronavirus. Among the G6 currency pairs, Euro
Swiss refiner Valcambi SA tried for five straight days last month to move a shipment of gold out of Hong Kong. Twice the metal was packed carefully onto a plane, only to be offloaded again. After daily attempts and numerous
The price of gold briefly shot past $1,700 an ounce early on Monday for the first time since 2012, as investors rushed to pick up the metal as the best asset to hold in extremely difficult times for the global
Gold jewellery demand fell globally in the first quarter of 2020, its lowest level ever, losing shine due to the outbreak of coronavirus as well as higher prices. The yellow metal also lost shine among the UAE consumers during the
![Bharat Diamond Bourse [BDB] Rises to fight the COVID-19 Threat](https://theretailjeweller.com/wp-content/uploads/2020/05/bdb-press-210x140_c.jpg)
Bharat Diamond Bourse committee commends the effort of our Prime Minister Shri Narendra Modi and Maharashtra Government, CM Shree Uddhav Thakrey to fight the war against COVID-19. BDB also acknowledges the entire team of Health workers, Police, Doctors, Mumbai Municipality
Global gold jewellery demand has dropped to its worst level… even lower than the fall it sustained in the initial months of 2009’s Global Financial Crisis. Rocketing prices and a complete halt on retail activity meant that the “jewellery sector
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