Snapping its three-day losing streak, gold prices recovered by Rs 50 to Rs 26,800 per 10 grams at the bullion market today on increased buying by jewellers at prevailing levels amid a firm global trend.
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Synthetic diamonds, a burning issue within the global diamond industry will be the topic of discussion at the Second Dubai Diamond Conference. The increase in lab-grown diamonds and their undisclosed mixing with natural diamonds over the past two years has raised much concern in the industry. The conference organisers believe an in-depth discussion by a panel of experts is critical in providing an analysis of the nature of the issue and how the diamond sector should respond to it.
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Surat, a global hub for diamond cutting and polishing in India, recently also became a home to the Diamond Detection and Resource Center (DDRC) opened at the Indian Diamond Institute (IDI) located in the city. The DDRC was inaugurated by Gem & Jewellery Export Promotion Council (GJEPC) along with Indian Diamond Institute (IDI) on 3rd April, 2015.
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