Gold Prices Reach Seven-Year High on Fears of Second Wave of COVID-19 Infections

The price of gold, which has already increased significantly during 2020, hit new seven-year highs this week surging past US$ 1,773 per ounce. The move was a reaction to what … Read More

Jewelry Purchases are “More Meaningful” during Lockdown

Consumers have been making more “meaningful” jewelry purchases during the lockdown, according to research by De Beers. Spending more time with family, and less time commuting, has shifted the focus … Read More

BlueRock Reports Record Output after Lockdown

British miner BlueRock reports record output since it re-opened Kareevlei, in South Africa, after COVID-19 restrictions were eased. Production has been averaging almost 2,000 tons a day since 11 May … Read More

Gem Diamonds’ Reports Drop in Revenue for Q1 2020 Q-o-Q Even as it Plans for Production Post Lockdown

Gem Diamonds Limited in its trading update detailing the Group’s operational and sales performance for the quarter ended March 31, 2020 (Q1 2020), reported a revenue of US$47.3 million for … Read More

Curteis ramps up support for jewellers during lockdown

Award-winning British manufacturer, Curteis, is working towards reinstating its production facilities soon. Since the lockdown started, Curteis has continued delivering stock orders, working within government guidelines, and making changes to … Read More

Indian gold demand could hit 3-decade low as lockdown hits festivals, weddings

India’s gold consumption in 2020 could fall as much as 50% from a year ago to the lowest level in nearly three decades as a nationwide lockdown has closed jewellery … Read More

GJEPC Launches Campaign to Identify Daily Wage Artisans in Need of Financial Assistance

The Gem & Jewellery Export Promotion Council has begun the process of identifying those artisans doing daily wage jobs within the industry who are in need of financial assistance during … Read More