International News
MGA Strengthens Regional Gold Industry Cooperation Through Six MoUs At MGF 2026
MoUs With Industry Bodies From India, UAE, Vietnam, Cambodia, Uzbekistan and Laos Reinforce Regional Connectivity, Collaboration and Malaysia’s Ambition As A Gold and Jewellery Hub.
The Malaysia Gold Association (MGA) signed Regional Industry Memorandum of Understanding (MoUs) with six international industry associations during the Malaysia Gold Festival (MGF) 2026, held from 18–20 September at the Kuala Lumpur Convention Centre.
The agreements were signed with the India Bullion and Jewellers Association (IBJA) Ltd. , Dubai Business Group for Bullion & Gold Refinery, Vietnam Gold Traders Association (VGTA), Cambodian Jewelers Federation (CJF), Uzbekistan Jewelry Industry Association (UJIA) and Gold Jewelry Gem Association Laos (GJGAL).
The initiative aims to strengthen regional partnerships, industry collaboration and connectivity across the international gold and jewellery ecosystem. The MoUs add an important regional dimension to MGF 2026, which brought together approximately 70 local and international exhibitors spanning the gold and jewellery value chain.
MGF 2026 also featured business networking, industry forums, educational programmes and knowledge exchange, with MGA positioning the festival as part of its broader ambition to establish Malaysia as a regional gold trading and jewellery hub.
During the festival, Malaysia’s Ministry of Tourism, Arts and Culture (MOTAC) also explored collaboration with MGA on Malaysia-themed gold products, including a proposed gold card highlighting Malaysian tourism destinations.
International News
Cartier Romanov sapphire bracelet nets $4.9mn at Sotheby’s Geneva auction
The cushion-shaped sapphire attributed to onetime ownership of Russia’s imperial family was billed as a very rare stone, and had been expected to fetch between 850,000 and 1.7 million francs ($1 million and $2 million)
A Cartier bracelet that was previously part of the imperial Russian crown jewels more than doubled its high estimate to bring in CHF 4.1 million ($4.9 million) at a recent Sotheby’s auction in Geneva.
The cushion-shaped sapphire attributed to onetime ownership of Russia’s imperial family was billed as a very rare stone, and had been expected to fetch between 850,000 and 1.7 million francs ($1 million and $2 million) at the Geneva auction.
The piece centers the cushion-shaped, 197.80-carat Romanov sapphire with the bracelet featuring brilliant-cut diamonds and accented with modified shield-step-cut diamonds. It has an interchangeable engraved rock crystal center embellished with triangular diamonds. The lot was the top seller, beating its CHF 850,000 to CHF 1.7 million ($1 million to $2 million) estimate.
-
National News11 hours agoThis Men’s Day, say it with Candere: Jewellery Gifts he didn’t know he needed
-
National News15 hours agoFGLOC to host inaugural Gold Summit in Kochi
-
International News14 hours agoCartier Romanov sapphire bracelet nets $4.9mn at Sotheby’s Geneva auction
-
National News17 hours agoDomestic precious metal markets record steady retail pricing
JewelBuzz is Asia’s First Digital Jewellery Media & India’s No.1 B2B Jewellery Magazine, published by AM Media House. Since 2016, we’ve been the trusted source for jewellery news, market trends, trade insights, exhibitions, podcasts, and brand stories, connecting jewellers, retailers, and industry professionals worldwide.