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Rosy Blue News
Dubai diversifies with push into diamonds The United Arab Emirates, the world's fourth-largest oil exporter and home to gold trading hub Dubai, is rapidly becoming a force in trade of another highly valuable commodity: diamonds. Dubai, the UAE's centre for gem trade, handled $35 billion worth of rough and polished diamonds in 2010, a leap from an annual figure of just $3 million a decade ago, according to Malcolm Wall Morris, chief executive
Platinum jewellery demand on a rise in India
Platinum is becoming a preferred metal for jewellery consumers in India, due to a relatively moderate rise in prices. The jewellery demand for gold, the perennial choice, rose 69 per cent in the
Bharat Bourse call off office auction as members cry foul
Within a few weeks of its launch, the Bharat Diamond Bourse (BDB), the country’s only exchange for diamonds, is under fire for sale of offices on its premises.
Rosy Blue rules the world of glitter
Cycling around Surat in the mid-1960s, Dilip Mehta, a gangly teenager learning the ropes of the diamond trade, had little inkling of the globe-trotting road that the stones would take him on. It |
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