   Magnificence in MumbaiThis year's India International Jewellery Show (IIJS) marked the event's silver anniversary, but gold and diamonds were the main attraction in Mumbai. This isn't surprising, given 90 per cent of all diamonds are imported, cut, and polished here and India consumes 20 per cent of the world's gold.Since its debut in 1985 as the Gems and Jewellery Fair, the annual IIJS has grown from 20 booths into a truly global gathering. More than 790 exhibitors and 28,000 attendees flocked to this city in early August from North America, Europe, and throughout Asia and the Middle East for the event.
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Page 38 The CAD debate Page 44 First 'Choice' for Italian design Page 52 Out of India Page 56 2009 International Trade Show Directory Page 72 It's not easy being green or is it? Page 80 'Cameo' appearance Page 86 Can you read the sign? Page 68 Letter from Turkey |
After 18 months and $450 million US, BHP Billiton says it is no longer pursuing its hostile takeover bid for Rio Tinto. 
Lower gold prices and the volatile global economy fuelled the dollar demand for gold and helped it reach a record high of $32 billion US for the third quarter. 
A standing-room only crowd at a Toronto auction vied for period pieces and diamonds over two carats, pushing the bidding higher despite a gloomy global economic outlook. 
Thousands of diamontaires from Israel and abroad celebrated the Israel Diamond Exchange's (IDE's) 70th anniversary, with the weakened worldwide economy threatening to overshadow the festivities. 
A co-ordinated industry response to the current market meltdown is essential to stabilizing the worldwide diamond industry. 