July 5, 2011 China’s Largest Bank Joins Diamond Financing in Antwerp ICBC, the world’s largest bank, is interested in financing diamond transactions, according to a memorandum of understanding it recently signed with the AWDC. The first such financing is expected to…
July 5, 2011 $20 billion in diamonds and gold found at Indian temple Investigators plan to pry open the final vault hidden deep under a centuries-old Indian Hindu temple as police guarded round the clock the shrine where billions of dollars worth of…
July 4, 2011 Antwerp diamond industry ties up with China AFP reports the Antwerp diamond industry, world capital of the gem, on Monday announced an investment deal with leading Chinese bank ICBC, which could act as an intermediary to provide…
July 4, 2011 Israel’s polished diamond exports +34% in H1 Israel’s net polished diamond exports totaled $4.3 billion in the first six months of 2011, growing 33.9% year-over-year, according to the country’s Ministry of Industry.
July 4, 2011 High diamond prices leading to demand faltering? Diamond prices continue to soar, with rough prices up 27pc in 2010 to levels higher than before the crisis. Prices have continued to rise this year, but high prices may…
July 4, 2011 Israel’s Net Rough Trade $4.55 Billion in H1 Israel’s rough diamond trade leaped by nearly 40% in the first six months of 2011, according to figures released by the country’s Ministry of Industry.
July 4, 2011 Charles Perroud certified by the Responsible Jewellery Council The RJC on Monday announced that Charles Perroud, a major French producer of gold jewelry, has become certified against the ethical, human rights, social and environmental standards established by the…
July 3, 2011 IDEX Online Research: Polished Diamond Prices Soar by 5.2% in June Global polished diamond prices rose sharply during the second half of June, and are showing no signs of a pull-back. The price increases were driven by wide consumer demand and…
July 3, 2011 One Week Left to Apply for a DTC Sight The Diamond Trading Company (DTC) on Friday advised all applicants for the DTC’s 2012-2015 Supplier of Choice contract period that there is just one week left to submit their completed…
July 3, 2011 Indians Required To Furnish Tax Details in High-Value Jewelry Purchases Indians will have to quote their income tax Permanent Account Number (PAN) if they buy jewelry worth more than $11,220 (Rs. 500,000) as of Friday.
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