Representative image After a lull of eight months, the domestic diamond trade is witnessing early signs of recovery as US consumers have started buying solitaires of more than one carat, helping revive the market which accounts for more than half of India’s diamond exports. “Natural diamond jewellery sales were up 5.1% by units and 4.7%…
As European capitals prepare to implement long-awaited sanctions on Russia‘s diamond exports, Belgian traders are bracing for new scrutiny of their industry. In Antwerp’s renowned diamond district — which handles an estimated 86 percent of the world’s rough diamonds — polishing “labs” are turning to blockchain technology to prove their gemstones come from legitimate mines…
Kolkata: As the escalating Israel-Palestine conflict pushes up gold prices, jewellers see consumers selling their gold holdings in the upcoming festival season to buy new ornaments in a bid to gain from the spike in prices. Gold prices in India have jumped by ₹874 per 10 gm to touch ₹ 57,415/10 gm after the Palestinian…
