INDIAN JEWELLER

RBI's Modified Import Norms Come With Some Riders

The rationalised guidelines by the apex bank are a positive step for the gold importers in the country.

Post By : IJ News Service On 22 May 2014 3:53 PM
The Sotheby’s Hong Kong Magnificent Jewels and Jadeite sale, held recently, has generated a total sale of $52.4 million. It was characterised with a positive outlook by buyers and collectors seeking rare and exceptional jewels. %% The highlights of the sale included the top selling item – the diamond Rivière necklace, which was bought for $6.7 million. The piece is set with 50 D colour internally flawless brilliant-cut diamonds ranging from 1.50 to 6.55 carats, with a total weight of 107.43 carats. %% The other highlight was a 5.16-carat, internally flawless, natural fancy vivid blue diamond, bought by Moussaieff of London for $6.4 million or $1.24 million per carat. The diamond is amongst the 11 blue diamonds of the De Beers Millennium Jewels Collection and was cut and polished by the Steinmetz Diamond Group, reports say. The stone had a presales estimate of $4.6 million to $5.8 million.

Be the first to comment

Leave a comment

Related News

Kotak Calls For Panel To Review Rising Gold Import Burden

  • Market Report - 19 September 2026 12:09 PM

Studded Gold Jewellery Drives Gem And Jewellery Exports In August

  • Market Report - 15 September 2026 11:11 AM

Goldman Sachs Sees Gold Rally Resuming, Calls USD 4,000 A Key Floor

  • Market Report - 07 September 2026 11:48 AM

TBZ Shares Hit 20% Upper Circuit After GRT Jewellers Open Offer

  • Market Report - 02 September 2026 10:46 AM

Jewellery Stocks Fall After PM Modi Urges Restraint On Gold Buying

  • Market Report - 02 September 2026 10:30 AM

Email Alerts

WhatsApp Alerts