May 03
Indian rupee has weakened against dollar, with the current price of Rs 53.1 for $1. This has in return affected the Indian rupee resulting in its all time high value of Rs 29,690 per 10 gm. The speculated gold price for the next 2 months is Rs 32,000 per 10 gm. On Akshaya Tritiya festival … more
Apr 24
BANGALORE: Young customers are swarming online portals to grab a good bargain on their jewellery purchases. Many of them are beating the Akshaya Tritiya rush at retail stores by shopping for jewellery on the web. A host of web stores – Caratlane, Bluestone, Jewelskart.com, JewelsNext.com and Johareez.com – are pricing it attractively. Jewelskart.com, for instance, … more
May 13
In January, 21 Indians amongst 33 foreigners were arrested in Shenzhen for smuggling diamonds worth millions of dollars from Hong Kong to mainland China to avoid the 4 percent import duty. Though being a part of China, Hong Kong is a duty-free import area for rough diamonds while China demands the custom duty of 4 … more
Le Beau Sancy, The Oldest Diamond Sold For USD9.57 Million
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