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Silver futures dip below Rs 37,000/kg mark on global cues

Author: unknown - Published 08-12-2017 12:15 - ( Reads)
Taking weak cues from overseas markets, silver prices slipped below Rs 37,000 per kg mark in futures trade today as participants cut down bets.

Rapaport Weekly Market Comment

Author: unknown - Published 07-12-2017 11:00 - ( Reads)
Diamond market optimistic, but polished prices continue to soften. 1 ct. RAPI -0.9% in Nov. due to weak demand for D-F, IF-VVS goods. Holiday season driving positive sentiment, with strong growth in purchases via mobile devices. Retailers creating selfie events and experiences to lure customers away from laptops and into stores. Sotheby’s NY garners $53.9M (82% by lot), with sale of emerald-cut, 5.69 ct., fancy vivid blue, VVS diamond for $15.1M ($2.7M/ct.). Christie’s NY fetches $62.6M as Graff ring with two pear-shape, fancy vivid blue diamonds – 3.36 ct., VVS2 and 2.71 ct., VS1 – sells for $12.6M ($2.1M/ct.). Graff buys Sierra Leone Peace Diamond for $6.5M.

Graff Blue Diamond Ring Fetches $12.5 Million At Christie's

Author: Anthony DeMarco - Published 07-12-2017 01:58 - ( Reads)
A crossover ring with two fancy vivid blue diamonds designed by Graff was the top lot at Christie’s New York Magnificent Jewels sale on Wednesday, fetching more than $12.5 million.

De Beers steps up efforts to remove ‘conflict diamonds’ from the market

Author: Cecilia Jamasmie - Published 05-12-2017 21:19 - ( Reads)
Anglo American’s De Beers, the world’s largest rough diamond producer by value, unveiled Monday is investing in a blockchain-based platform to enable greater tracking of its stones.

Merlin Diamonds takes delivery of new diamond sorting machine

Author: unknown - Published 01-12-2017 14:54 - ( Reads)
Merlin Diamonds Ltd (ASX:MED) has taken delivery of the Tomra X-Ray Transmission (XRT) machine at its Merlin Diamond Mine in the Northern Territory.

Without sale, De Beers on track to close Voorspoed in 2020

Author: unknown - Published 01-12-2017 13:13 - ( Reads)
De Beers Consolidated Mines’ Voorspoed operation in the Free State province, which has produced around 700 000 carats a year since production started in 2008, is approaching the end of its life and is due to close early in 2020 (the option to extend the mine’s life through additional push-backs was reviewed and determined unviable).

Gold tumbles to Rs. 30,250; silver falls by Rs. 125 per kg

Author: unknown - Published 01-12-2017 13:10 - ( Reads)
Gold tumbled by Rs. 150 to Rs. 30,250 per ten gram at the bullion market today due to a subdued trend overseas and falling demand from local jewellers. Silver too faced selling pressure and lost Rs. 125 to Rs. 39,200 per kg.
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