We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
Why Did Gold & Silver Break Down Just as Fed Hike Bets Faded
Macro Snapshot: The rate backdrop eased during the week ending 23 October, which makes the metals’ slide harder to explain. CME FedWatch odds of a hike at the 27 to 28 October FOMC meeting had settled near one in three on 14 October, after the 3.7% September CPI print, and stood at 9.4% by 23 October. December hike odds slipped from about 90% to close to 80%. The 10-year Treasury yield closed at 5.00% against 5.09% a week earlier, and
Why Did Gold & Silver Break Down Just as Fed Hike Bets Faded
Macro Snapshot: The rate backdrop eased during the week ending 23 October, which makes the metals’ slide harder to explain. CME FedWatch odds of a hike at the 27 to 28 October FOMC meeting had settled near one in three on 14 October, after the 3.7% September CPI print, and stood at 9.4% by 23 October. December hike odds slipped from about 90% to close to 80%. The 10-year Treasury yield closed at 5.00% against 5.09% a week earlier, and
Top News
Cyber Monday Diamond Deals from Israel
Ramat Gan: As the Cyber Monday approached, the Israeli Diamond Industry (IDI) once again offered consumers very attractive deals on loose diamonds and diamond jewelry on its popular e-commerce platform, which went live yesterday. Developed by the Israel Diamond Institute Group of Companies (IDI), the dedicated website Israel Diamond Deals is offering fancy color and white diamonds, as well as
US Legalizes Space Mining
Washington: After much delay, an important space bill has finally passed in the Senate. The Space Act of 2015 (H.R.2262 – U.S. Commercial Space Launch Competitiveness Act) would give companies the rights to the resources they might one day extract from asteroids, such as platinum, water and, of course, diamonds. The bill has passed in the Senate with unanimous approval
Lucara Recovers Two More Large Diamonds
Vancouver: Lucara Diamond Corp. has announced that two more exceptional white stones have now been recovered through the XRT diamond recovery units. The two white diamonds, an 813 carat stone and a 374 carat stone, have been added on Wednesday to the roster of incredible diamonds recovered from the prolific south lobe of Lucara’s Karowe mine in Botswana. The weights
IDWI Aiming for Global Participation
Ramat Gan: The organizing committee of the Winter Edition of the International Diamond Week in Israel (IDWI), to be held at the Israel Diamond Exchange (IDE), February 14-18, 2016, is aiming to make the event accessible to members of all the bourses that are affiliated to the World Federation of Diamond Bourses (WFDB). Moti Fluk, the IDWI’s Chairperson, said letters
Gem-A Releases The Latest Journal Of Gemmology
London: The Gemmological Association of Great Britain (Gem-A) has released the latest issue of its academic publication, The Journal of Gemmology, in collaboration with the Swiss Gemmological Institute SSEF and with the support of the American Gemological Laboratories (AGL) and the Gem and Jewelry Institute of Thailand (GIT). The current issue (Vol. 34, No. 3, 2014), released on 19 October
Varuna D Jani’s MAMI Trophy Rises Like Pheonix
Mumbai: The 16th edition of the Mumbai film festival organized by the Mumbai Academy of Moving Image (MAMI) will have a sparkling touch this year. The renowned jewellery designer and adornologist Varuna D Jani has graciously volunteered to design and craft the 15 coveted award trophies for the ongoing MAMI festival at PVR Cinemas in Andheri, Cinemax, Versova and Chandan
Zimbabwe Diamond Conference to Discuss Challenges
Harare: The Second Zimbabwe Diamond Conference, to be held November 6-7, will feature three panel discussions featuring different aspects of the challenges facing the Zimbabwean diamond industry, as well as the wider global diamond trade. The seminar sessions will each feature experts in the area of discussion and aim to stimulate a wide-ranging debate among the African and global diamond
Zimbabwe Govt. Demands Diamond Dividends
Harare: The Reserve Bank of Zimbabwe has ordered banks to deduct 15 percent special dividends from gross diamond sales, backdated to April this year in line with provisions of the 2014 Finance Act, but diamond miners have raised alarm, reports allafrica.com. The Act signed into law in April had not been enforced since yet. The diamond producers said they will
