We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
With December Hike Odds Intact, Can a Midterm Rally Repair Gold, Silver’s Breakdowns?
Macro Snapshot: Gold posted its best week since late August, but it got there on rate relief that had disappeared by Friday. COMEX gold rose 4.5% to $4,074.9 and silver 5.4% to $51.94 while cheaper oil pushed the odds of a December Fed hike down from about 71% on 30 October to 64% ahead of Friday’s payrolls, according to CME FedWatch readings reported by Benzinga and Reuters. The jobs data sent the odds back up to 74.8%, CNBC reported, a
With December Hike Odds Intact, Can a Midterm Rally Repair Gold, Silver’s Breakdowns?
Macro Snapshot: Gold posted its best week since late August, but it got there on rate relief that had disappeared by Friday. COMEX gold rose 4.5% to $4,074.9 and silver 5.4% to $51.94 while cheaper oil pushed the odds of a December Fed hike down from about 71% on 30 October to 64% ahead of Friday’s payrolls, according to CME FedWatch readings reported by Benzinga and Reuters. The jobs data sent the odds back up to 74.8%, CNBC reported, a
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India Govt. Releases Special BDB Postal Stamp
Bharat Diamond Bourse (BDB), the world’s largest diamond trading exchange, proudly marks a dual milestone this year; 41 years since its incorporation and 15 glorious years of successful operations at its iconic Bandra Kurla Complex premises since 17th October 2010. To commemorate this milestone, the Department of Posts, Government of India, released a special BDB Postal Stamp recognizing the Bourse’s outstanding contribution to India’s diamond industry and global trade excellence. The
Sky Gold & Diamonds Strengthens Mangalsutra Business with Strategic Acquisition
Mumbai: Sky Gold & Diamonds Ltd., manufacturer and exporter of gold and diamond jewellery, recently announced that its wholly owned subsidiary, Starmangalsutra Pvt. Ltd., has entered into an non binding term sheet to acquire a majority stake in Shri Rishab Gold, a reputed Mumbai-based jewellery firm. The partnership marks a significant step in Sky Gold & Diamonds’ strategy to establish
Pre CIBJO Congress Report Focuses on AI
Milan: With a couple of days to go to the opening of the 2025 CIBJO Congress in Paris, France, on October 27, 2025, the tenth and the final of the pre-congress Special Reports has been released. Prepared by the CIBJO Technology Committee, chaired by Stéphane Fischler, the report focuses exclusively on artificial intelligence, looking at ways in which the greater jewellery
De Beers Brings Diamonds & Glamour to London
Mumbai: Insiders suggest a star-studded journey to London might be on the cards. But why London? Beyond its glittering reputation as a global hub for jewellery and fashion, whispers point to something far more dazzling — De Beers is set to host a major showcase in the city. This year, De Beers Group makes its grand debut at Frieze London,
India’s Gold Imports Down by 14% in FY 2020
Mumbai: Gold imports into India fell by 14.23% in value terms during FY2019-20 to US$ 28.2 billion, news agency PTI reported, quoting statistics released by the Ministry of Commerce. During FY2018-19, the country’s imports of the yellow metal stood at US$32.91 billion, the report added. Growth in gold imports turned negative during the last four months of the fiscal, PTI
Yoram Dvash Elected Acting President of WFDB
Antwerp: Mr. Yoram Dvash, President of the Israel Diamond Bourse, was yesterday unanimously elected as the Acting President of the World Federation of Diamond Bourses (WFDB). “The diamond industry like all other industries is going through a very difficult time due to the coronavirus pandemic that has struck so much devastation in human, as well as business terms, across the
No Quarterly Index for Fancy Color Diamonds
New York: Due to the COVID-19 pandemic, for the first time since its inception in 2015, the Fancy Color Research Foundation (FCRF) will not publish the Fancy Color Diamond Index (FCDI) for Q1 2020. The FCRF had concluded the quarterly data collection process from its data suppliers and learned that the volume of transactions conducted in this quarter was not
PGI to Address Changing Needs of Consumers: Vaishali Banerjee
Mumbai: As coronavirus fears continue to rattle markets worldwide, there is the potential for the impact of the virus to reduce platinum demand if it is not contained within months. The demand for platinum jewellery in India could weaken in the following months amid the global onslaught of Covid-19. Platinum market in India has witnessed consistent growth on the back
